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2019

Government incentivising MSMEs with various schemes: Gadkari

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Various schemes have been launched in recent years to encourage micro, small and medium enterprises (MSMEs) which employ 11.1 crore people and are the largest provider of jobs after agriculture, the Rajya Sabha was informed on Monday.Schemes like Make in India, Skill India, Digital India, Startup India, and MUDRA (Micro Units Development and Re-finance Agency) Bank have been initiated to enhance the employment base and facilitate self-employment across the country, said Union Minister for Micro, Small and Medium Enterprises Nitin Gadkari in reply to a question in the Upper House of Parliament.Under the Prime Minister's Employment Generation Programme (PMEGP,) the number of people employed in micro enterprises increased from 3.58 lakh in 2014-15 to 5.87 lakh in 2018-19, he said. An amount of Rs 2,247.10 crore has been allocated under PMEGP for the financial year 2019-20, he said.The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) was launched to make available ...



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