MSME Ministry releases 'Year End' review; highlights various schemes, initiatives adopted to boost MSME

New Delhi, Dec 24 (KNN) With just a few days left to bid adieu to 2019, the Ministry of Micro, Small and Medium Enterprises (MSMEs) has released Year End Review- 2019 for MSMEs highlighting various schemes which were adopted with a motive to boost MSME sector.

The ministry has taken numerous steps during the year for technology advancement, skill development and job creation for empowerment of this sector.

In its Yearend report, the ministry claimed that 65,312 new Micro Enterprises have been set up while 5,22,496 employment opportunities have been generated so far, Under Prime Minister's Employment Generation Programme (PMEGP).

PMEGP is a major credit-linked subsidy programme being implemented by the Ministry of MSME since 2008-09. The Scheme is aimed at generating self-employment opportunities through establishment of micro-enterprises in the non-farm sector by helping traditional artisans and unemployed youth in rural as well as urban areas.

While under Micro Small Enterprises - Cluster Development Programme (MSE-CDP), 17 Common Facility Centres and 14 Infrastructure Development Projects have been commissioned and 24 Common Facility Centres and 25 Infrastructure Development Projects have been approved.

Apart from MSE-CDP, the ministry also introduced a scheme for regeneration of traditional industries called SFURTI. Under SFURTI, 51 Clusters approved earlier are completed and are functional.

''Further, 78 proposals of SFURTI Clusters have been approved by Scheme Steering Committee benefitting about 48608 artisans/workers during 01st January 2019 till date,'' an official statement from the Ministry said.

In the month of September this year, the Government approved for continuation of Credit Linked Capital Subsidy component under Credit Linked Capital Subsidy-Technology Upgradation Scheme (CLCS-TUS) in February 2019. The Credit Linked Capital Subsidy Component of the CLCS-TU Scheme was launched by MSME Minister Nitin Gadkari, on September 5th with the signing of MoUs between Office of DC (MSME) and Nodal Banks.

''During FY 2019-20, Rs. 338.01 crore has been released,'' the Ministry claimed.

While under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) 5,46,127 credit facilities have been approved amounting to a guarantee of Rs. 33,381 crore.

Ministry of MSME is implementing Technology Centre Systems Programme (TCSP) at an estimated cost of Rs 2200 crore, including World Bank Loan assistance of USD 200 million, to establish 15 new Tool Rooms and Technology Development Centres (TCs) and upgrade the existing 18 TCs across the country. Four Technology Centres at Bhiwadi, Bhopal, Puddi and Tinsukia) are ready for commissioning.

Number of youth skilled through Technology Centres and other training Institutes of the Ministry: 3, 59,361.

GeM- Government e-Marketplace which is s a one stop portal to facilitate online procurement of common use Goods & Services required by various Government Departments / Organizations / PSUs has saw 62,085 registration of Micro and Small Enterprises (MSEs) on GeM.  50.74 % of orders value on GeM portal is from MSEs.

Government has made it mandatory for Central Public Sector Undertaking (CPSUs) units to procure 25% instead of 20% from Micro and Small Enterprises (MSEs). Goods and Services worth Rs. 20,139.91 crore procured from 71,199 MSEs. The procurement from MSEs amounts to 28.49% of the total procurement of CPSEs.

In a bid to bring MSMEs on digital platform and for providing them digital identity Organizations like Common Service Centres (CSC), Entrepreneurship Development Institute of India (EDII) on boarded. Awareness programmes and workshops are being organized all over the country for MSME stakeholders and for bringing all MSME service providers on one platform.

Lean Manufacturing: Scheme under implementation in 267 Clusters of MSMEs throughout the country through Quality Council of India (QCI) and National Productivity Council (NPC). State Governments, Industry Associations have also been on boarded to take the scheme to more MSME clusters.

Incubation: Incubation centres have been   approved for more than 200 Technical Institutions, Industry Associations, and Social Enterprises. Innovative ideas having business proposals are being invited from them for funding support under the scheme. Seed capital up to Rs. 1 crore have been provided to start up entrepreneurs under the scheme.

Design Clinic: Design scheme opened for different technical institutions under Ministry of Human Resource Development (MHRD), Industry Associations, Social Enterprises, Self Help Groups working on providing design support to MSME entrepreneurs including rural and art based enterprises. More than 80 new Design centres opened at different locations in addition to 4 already being run though National Institute of Design (NID). All MSMEs and Students are being requested to submit their design projects for funding under the scheme.

Financial Support to MSMEs in Zero Defect Zero Effect (ZED) Certification Scheme: 23070 MSMEs have been registered under ZED scheme since inception. ZED parameters are being simplified to onboard more than one million MSMEs on ZED journey. All Industry Associations and technical institutions are being on boarded for wider access to the scheme.

Building Awareness on Intellectual Property Rights (IPR) Scheme: More than 60 new IP Facilitation Centres set up in different parts of the country to have one IP lawyer to assist MSMEs to apply for and register their trademarks and patents. FPOs to get support for applying for registration of GIs. Reimbursement being given for registration of different IPRs to MSMEs. More and more awareness being created for IP rights amongst MSMEs.

Procurement and Marketing Support: District Udyam Samaagams planned and approved for all 731 districts of the country. More than Rs. 80 crore sanctioned under PMS for organising trade fairs/ exhibitions/ awareness programmes/ seminars throughout the country through State Governments/Industry Associations/ Social Enterprises for more than 350 programmes.

Entrepreneurship Skill Development Programme (ESDP): More than Rs. 135 crore sanctioned under ESDP for organising different skill development programmes throughout the country through State Governments/Industry Associations/Social Enterprises/Government Corporations. Total 3000 programmes conducted/ sanctioned for this year.

Now comes U K Sinha Committee Recommendations, where RBI expert committee has made 37 major recommendations in MSMEs.  The concerned Ministries/Departments/Organisations/States have been requested to take follow up action on the actionable points relevant to them. To review implementation status of the recommendations of the Committee, a meeting of Committee of Secretaries (CoS) under the chairmanship of Cabinet Secretary was held on 31.10.2019.

The Second International SME Convention was organised by the Ministry of MSME in association with  the Economic Diplomacy & States Division of the Ministry of External Affairs and the India SME Forum on 27- 29 June. 1385 from India and 175 entrepreneurs from 44 countries attended. Ambassadors from 16 countries including, European, African and Latin American Countries along with their respective commercial sections presented trade opportunities at the Convention.

198 pre-arranged B2B meetings were conducted, 42 letters of intent were filed for possible future collaborations. 729 B2B trade connect forms were filed by Indian entrepreneurs.  A total of 3015 requests for International B2B matching were received, for which an International SME Gateway is being planned. An MOU was signed between a Spanish company MCU Coatings and Indian company HiTech Engineers for technology transfer and setting up a plant in Puducherry with joint investment of US 10 million dollar.

Ministry of MSME in partnership with confederation of Indian Industry (CII), New Delhi organised 16th Edition of Global SME Business Summit 2019 on 24-25th September, 2019 in New Delhi with the objective of boosting competitiveness of MSMEs through adoption of innovative technologies and promoting their growth through building sustainable and significant global partnerships.

In November this year, In a long awaited move to make export of Khadi, exclusively categorised from the general league of textile products, the Ministry of Commerce and Industries has allocated separate HS code for this signature fabric of India this week.

This decision of government will open a new chapter in the field of Khadi export. Earlier, Khadi did not have its exclusive HS code. As a result, all the data regarding export of this signature fabric used to come as a normal fabric under the textile head. Now, the Ministry will be able to keep a constant eye on the export figures which will accordingly help in planning the export strategies.

KVIC bags fresh order worth over Rs 06 crore from GAIL and PFC: The Khadi and Village Industries Commission (KVIC) has bagged orders worth Rs. 5.88 crore from the Gas Authority of India Limited (GAIL) and Rs. 75.00 lakhs from Power Finance Corporation, New Delhi (PFC), in the form of Khadi gift coupons. Employees can redeem these gift coupons throughout the year from all Departmental Sales Outlets of KVIC. This move will definitely expand Khadi product market.

New initiatives by KVIC in Goa: KVIC recently distributed electric potter wheels to 160 families and new models Charkhas (spinning wheels) to 50 trained women in Goa. This will create direct employment to 700 people. KVIC is also establishing a Lijjat Papad unit in Goa, which will create 200 direct jobs to the local women. It may be noted that these initiatives are first of its kind in Goa because there was no spinning and weaving activity, no Lijjat Papad unit in Goa earlier. Further for the first time electric potter wheels have been given to replace the traditional potter wheel which was highly labour intensive and less efficient in terms of production. In Goa State, 215 number of bee-boxes were also distributed to the 43 beekeepers.

Launching of Sale of Khadi Rumal made by militancy affected women of J&K: Nitin Gadkari launched sale of Khadi Rumal made by militancy affected women of J&K on 17th December, 2019. The sale of Khadi Rumal will instill confidence and enable the women all over Jammu & Kashmir to live an independent and respectful life. KVIC also signed an agreement with Paytm to sell 2 crore packets of khadi rumal through its online platform and mobile application.