India, Dec. 4 -- The Government of India has issued a release:
The Micro, Small and Medium Enterprise (MSME) sector is a vibrant sector of the economy. The Government of India supplements the efforts of the States/UTs through various schemes, programmes and policy initiatives for promotion, development of MSMEs in the country. These schemes/ programmes include Prime Minister's Employment Generation Programme, PM Vishwakarma scheme, Credit Guarantee Scheme for Micro and Small Enterprises, Entrepreneurship & Skill Development Programme scheme, Micro and Small Enterprises - Cluster Development Programme, Raising and Accelerating MSME Performance, MSME Champions Scheme, etc. These schemes provide employment in manufacturing, services, trading and women owned enterprises.
The Government has taken a number of initiatives to modernize heavy industries, enhance new skill development programmes and facilitate greater participation of women and marginalized groups in the country, such as:
The Government is implementing Micro and Small Enterprises Cluster Development Programme (MSE-CDP) across the country. The objective of the scheme is to integrate MSMEs into local and global value chain by enhancing their productivity and competitiveness. Financial assistance as GoI grant is provided to establish Common Facility Centers (CFCs) in the existing clusters and establish/up-grade infrastructural facilities in new/existing industrial estates/areas/flatted factory complexes. Under the scheme 113 Common Facility Centres (CFCs) and 251 Infrastructure Development (IDs) have been completed across the country till now.
This information was given by the Minister of State for Micro, Small and Medium Enterprises (Sushri Shobha Karandlaje) in a written reply in Lok Sabha today.
AKS
Disclaimer: Curated by HT Syndication.
