There are more than 10 lakh MSMEs in North Eastern region
Updated: Aug 04, 2015 01:28:13pm
The Census has been conducted by Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation (MoSPI) for activities excluded from Fourth Census, namely wholesale/retail trade, legal, educational & social services, hotel & restaurants, transports and storage & warehousing (except cold storage).
The Government facilitates the promotion and development of MSMEs in the country including North-Eastern Region by improving access to finance through implementation of Credit Guarantee Scheme, Performance and Credit Rating Scheme, etc. and supporting technology development through implementation of various schemes/programmes like Credit Linked Capital Subsidy Scheme, National Manufacturing Competitiveness Programme etc, Minister of State, MSME, Giriraj Singh said in a written reply to a question in Lok Sabha.
The Government is implementing Prime Minister’s Employment Generation Programme (PMEGP) in the country including North-Eastern Region to facilitate generation of employment. The Margin Money Subsidy released during the current year (as on 16.07.2015), for North-Eastern Region under the PMEGP is Rs 108.01 Crores.
There are four MSME-Development Institutes (DIs) located at Guwahati, Agartala, Gangtok, and Imphal with their Branch institutes in the region, he informed. (KNN Bureau)