MSME Schemes;
- Various initiatives taken by Govt to promote the Development of MSME sector. Revised criteria for classification of MSMEs to promote investment. Udyam Registration for MSMEs, for Ease of Doing Business w.e.f. July 01, 2020.
- Launch of Udyam Assist Platform (UAP) on January 11, 2023 to bring the Informal Micro Enterprises (IMEs) under the formal ambit for availing the benefit under Priority Sector Lending (PSL).
- Roll out of Raising and Accelerating MSME Performance (RAMP) programme with an outlay of Rs. 6,000 Crore over 5 years.
- Launching of an online Portal Champions in June, 2020 to cover many aspects of e-governance including redressing grievances and handholding of MSMEs.
- Rs. 5 lakh Crore Emergency Credit Line Guarantee Scheme for business, including MSMEs. Rs. 50,000 Crore equity infusion through Self Reliant India Fund. No global tenders for procurement up to Rs. 200 Crores.
- Inclusion of Retail and Wholesale traders as MSMEs on July 02, 2021. Non-tax benefits extended for 3 years in case of an upward change in status of MSMEs.
- As announced in Budget 2023-24, Rs. 9,000 Crore has been infused in the corpus of CGTMSE to enable additional credit of Rs. 2 lakh Crore with a reduced cost of credit.
- Expanding the network of Technology Centres across the country through ‘Technology Centre Systems Programme.
