MSME Ministry’s 2023 Year-End Review

Micro, Small and Medium Enterprises (MSME) sector, with greater than 6.30 crore enterprises, has emerged as a extremely vibrant and dynamic sector of the Indian financial system, fostering entrepreneurship and producing self-employment alternatives at comparatively decrease capital value, subsequent solely to agriculture. The Ministry of MSME, Authorities of India promotes development and growth of the sector, together with Khadi, Village and Coir industries, by implementing numerous schemes/programmes in direction of credit score help, technological help, infrastructure growth, talent growth and coaching, enhancing competitiveness and market help. Organizations, working beneath the ambit of the Ministry embrace Workplace of Growth Commissioner (MSME), Khadi and Village Industries Fee (KVIC), Coir Board, Nationwide Small Industries Company Ltd. (NSIC), Nationwide Institute for Micro, Small and Medium Enterprises (ni-msme) and Mahatma Gandhi Institute for Rural Industrialization (MGIRI). The Ministry has an unlimited community of subject formations unfold throughout the size and breadth of the nation to help MSMEs, which embrace MSME Growth and Facilitation Workplaces (MSME-DFO), Department MSME-DFOs, MSME Testing Centres, MSME-Testing Stations and Know-how Centres (Software Room & Technical Establishments) and subject places of work of the KVIC, Coir Board and NSIC.

The key achievements of the Ministry of MSME for the interval from 1st January, 2023 to thirty first December, 2023 are detailed as follows:

Udyam registration has accelerated from 1.31 crore (as on thirty first December,2022) with additional 88.89 lakh registrations throughout the interval January, 2023 to December, 2023, taking the entire variety of registrations to 2.19 crore.

The Ministry, in affiliation with Small Industries Growth Financial institution of India (SIDBI), has launched a portal, Udyam Help Platform (UAP), on eleventh January,2023, for bringing Casual Micro Enterprises (IMEs) within the formal ambit. Until thirty first December, 2023, round 1.11 crore IMEs have onboarded on UAP.

The Authorities of India has notified that the certificates issued on the Udyam Help Platform to ‘Casual Micro Enterprises’ shall be handled at par with Udyam Registration Certificates for the aim of availing Precedence Sector Lending (PSL) advantages. This has helped the registered IMEs to avail the advantages of PSL.

Underneath the Chairpersonship of Hon’ble Minister of MSME, the nineteenth Assembly of Nationwide Board for Micro, Small and Medium Enterprises was held on eleventh January, 2023at Vigyan Bhawan, New Delhi throughout which deliberations have been made for strengthening the MSME Sector.

1. PM VISHWAKARMA

A brand new scheme, referred to as ‘PM Vishwakarma’, goals at bettering the standard in addition to the attain of services and products of artisans and craftspeople and to make sure that the ‘Vishwakarmas’ are built-in into the home and international worth chains. The Scheme was introduced on 1st February, 2023 within the Funds Speech for the monetary 12 months 2023-24. The Scheme was launched by the Hon’ble Prime Minister on seventeenth September, 2023.

It’s the objective of this Scheme to supply holistic end-to-end help to the Vishwakarmas, i.e. the artisans and craftspeople, to allow them to maneuver up the worth chain of their respective trades. It would deliver a qualitative shift in the best way these occupations are practiced by artisans and craftspeople and it will uplift their socio-economic standing in addition to their high quality of life.

PM Vishwakarma is a Central Sector Scheme, absolutely funded by the Authorities of India, with an preliminary outlay of Rs. 13,000 crore for an preliminary interval of 5 years i.e. throughout 2023-24 to 2027-28.

Achievements:

As on thirtieth December, 2023, a complete of 48.80 lakh enrolments have been made beneath PM Vishwakarma. A complete of 1.32 lakh purposes have been registered efficiently beneath the Scheme. The registered candidates will endure ‘Fundamental Coaching’ for five days. After profitable coaching, the candidates who’ve chosen the credit score help, will obtain the good thing about collateral free credit score.

2. ACHIEVEMENTS UNDER OTHER SCHEMES/INITIATIVES OF THE MINISTRY

Achievements beneath different main schemes applied by the Ministry of MSME are detailed beneath:

1. 1. Entry to Credit score
      1. Prime Minister’s Employment Technology Programme (PMEGP)

Prime Minister’s Employment Technology Programme (PMEGP) is a credit score linked subsidy scheme for offering employment alternatives by means of institution of micro-enterprises within the non-farm sector. Underneath the Scheme, Margin Cash (Subsidy) is supplied to beneficiaries availing mortgage from banks for organising new enterprises. The utmost venture value admissible for organising of latest venture is Rs. 50 lakh in manufacturing sector and Rs. 20 lakh in Service Sector.  Subsidy of 25% and 35% of venture value is admissible for Particular Classes, together with SC, ST, OBC, Minorities, Girls, Ex-Servicemen, Transgenders, Otherwise-abled, NER, Aspirational Districts, Hill and Border areas, and 15% and 25% of venture value for Common Class candidates for city and rural areas respectively. Models in Aspirational Districts and Transgenders have been included within the Particular Class. Geo-tagging of the PMEGP models have been initiated for capturing the small print of the services and products supplied by the models and to create market linkages for them. Free 2-day Entrepreneurship Growth Programme (EDP) coaching is being supplied to potential entrepreneurs.

Since its inception in 2008 and until thirtieth November, 2023, greater than 9.29 lakh micro-enterprises have been assisted throughout the nation with disbursement of Margin Cash subsidy of Rs. 34,517 crore, producing a complete estimated employment for round 78.36 lakh individuals.

Through the interval from January 2023 to November 2023, the variety of models assisted is 85,228, with MM subsidy disbursement of Rs. 3,116.78 crore, producing a complete estimated employment for round 6.80 lakh individuals.

(ii)        Credit score Assure Scheme:

The Credit score Assure for Micro and Small Enterprises(CGTMSE) was launched within the 12 months 2000 to facilitate credit score entry to MSEs within the nation.  This scheme has been revamped within the 12 months 2023 and the next options have been added within the scheme w.e.f. 1st April, 2023:

1. Enhancement of ceiling restrict of Assure protection from Rs. 2 crore to Rs. 5 crore;
2. The Annual Assure charges diminished from 0.75% to 0.37%;  and
3. Improve within the threshold restrict from Rs. 5 Lakh to Rs. 10 lakh for waiver of authorized motion.

For the interval from January, 2023 to November, 2023, a complete of 12.50 lakh  ensures  have been  accepted, amounting  to  Rs. 1.46 lakh  crore.

 

(iii)      SRI Fund

SRI Fund is aimed toward offering development capital to the deserving and eligible models of MSME Sector.  From 1st January, 2023 to thirtieth November, 2023, 14 daughter funds have been empaneled with NSIC Enterprise Capital Fund Restricted (NVCFL) – a Mom Fund, by means of investing greater than Rs.3658 crore, thus aiding 242 potential MSEs.

0. 2. Infrastructure & Capability Constructing
1. Micro and Small Enterprises Cluster Growth Programme (MSE-CDP)

The Micro and Small Enterprises Cluster Growth Programme (MSE-CDP) was launched within the 12 months 2003. The target of the scheme is to boost the productiveness and competitiveness of Micro and Small Enterprises (MSEs) by extending monetary help for institution of ‘Frequent Facility Facilities (CFCs)’ and creation and upgradation of commercial estates. Institution of Flatted Manufacturing facility Complexes can be supported beneath the scheme.

Since inception of the scheme, a complete of 580 initiatives have been accepted and out of those, 308 initiatives have been accomplished.

Out of the 580 accepted initiatives, 40 initiatives, with a complete venture value of practically Rs. 560 crore, with Authorities of India’s help of Rs. 386 crore have been accepted throughout the interval from January, 2023 to December, 2023.

2. Scheme of Fund for Regeneration of Conventional Industries (SFURTI)

The Scheme was launched in 2005-06 and goals in direction of organizing conventional artisans into collectives/clusters for product growth and diversification by means of worth addition and to advertise conventional sectors and improve earnings of artisans in a sustainable method. The scheme was revamped in 2014-15.

The primary goal of the scheme is to arrange the artisans and conventional industries into clusters for higher competitiveness, for enhancing employment alternatives and to extend marketability of merchandise of such clusters.

A complete of 513 clusters have been accepted and out of this, 389 clusters have develop into purposeful.

Throughout January, 2023 to December, 2023, 89 clusters have develop into purposeful offering profit to 50,166 artisans in 25 States. 15 clusters have been accepted with a complete Authorities of India help of Rs. 40.01 crore straight benefitting 8,875 artisans.

3. ‘A Scheme for Selling Innovation, Rural Trade & Entrepreneurship’ (ASPIRE)

A Scheme for Promotion of Innovation, Rural Trade and Entrepreneurship (ASPIRE) goals to create employment alternatives within the agro-rural sector. There are 2 elements beneath ASPIRE:

1. Livelihood Enterprise Incubator (LBI): An entity arrange for imparting talent growth and incubation packages for selling entrepreneurship and employment era in agro-rural sector with particular give attention to rural and underserved areas. The packages supplied by the LBIs intention to allow the beneficiaries to arrange their very own enterprises or get suitably employed within the close by industrial cluster. The primary goal of LBI is to generate employment alternative by facilitating formal, scalable micro-enterprise creation, and to supply skilling, up-skilling and re-skilling for unemployed, present self-employed/ wage earners in new applied sciences.

Through the interval from January, 2023 to December, 2023, 4 new Livelihood Enterprise Incubator (LBIs) have been accepted beneath ASPIRE and 25,468 beneficiaries have been skilled, out of which 1,458 have been wage employed. Moreover, 225 micro-enterprises have been established by way of the incubation packages carried out within the LBIs.

2. ASPIRE Fund of Funds (FoF): Managed by SIDBI, the FoF was created with a spotlight to speculate by means of Alternate Funding Funds (AIFs), in early-stage scalable start-ups in want of help and nurturing to reach creating expertise and enterprise enterprise within the areas of innovation, entrepreneurship, creating ahead and backward linkages with a number of worth chain of producing and repair supply within the agro-based sector. The full corpus of SIDBI FoF is Rs. 310 crore.

Underneath Fund of Fund part of the ASPIRE scheme, throughout January, 2023 to December, 2023, 5 new Various Funding Funds (AIFs), have been supported with a dedication of Rs. 145 crore taking the entire dedication to Rs.217.50 crore to 11 AIFs, out of the entire corpus of Rs. 310 crore.

4.3       Procurement & Advertising Assist

1. 1. 1. Public Procurement Coverage for Micro and Small Enterprises

The Ministry of MSME, Authorities of India notified the Public Procurement Coverage for Micro and Small Enterprises (MSEs), Order, 2012, which mandates 25% annual procurement from MSEs by Central Ministries/Departments/Central Public Sector Enterprises (CPSEs), together with 4% from MSEs owned by SC/ST and three% from MSEs owned by Girls entrepreneurs. A complete of 358 objects are reserved for unique procurement from MSEs.

Vis-a-vis the minimal 25% annual procurement, the taking part CPSEs and Departments procured a complete quantity of Rs. 37,501.25 crore (34.82%) from MSEs throughout the 12 months 2023-24 (as on thirty first December, 2023), from which 130 MSEs benefitted.

 

1. 1. 2. Procurement and Advertising Assist (PMS) Scheme

The scheme promotes new market entry initiatives and enhances the marketability of services and products within the MSME sector. Through the 12 months 2023, Ministry of MSME participated in 253 Commerce Festivals/Exhibitions throughout the nation benefiting round 9,500 MSEs.

India Worldwide Commerce Honest (IITF), 2023

 

Hon’ble Minister of MSME inaugurated “MSME pavilion” beneath the theme “PM Vishwakarma” at forty second India Worldwide Commerce Honest (IITF), 2023 held throughout 14th to twenty seventh, November, 2023. 195 stalls have been allotted to Micro and Small Enterprises (MSEs), with participation from 29 States/UTs.

 

This time greater than 85% of stalls have been allotted to first time contributors. Stalls have been allotted freed from value to ladies, SC/ST, NER, Aspirational District beneficiaries. Illustration of Girls entrepreneurs, SC/ST entrepreneurs and enterprises from Aspirational districts within the occasion was as beneath: –

 

MSME entrepreneurs show-cased their merchandise in several sectors, together with Textiles, Handloom, Embroidery works, Customized Tailoring, Handicrafts, Gems & Jewelry, Leather-based Footwear, Video games & Toys, Bamboo crafts, Cane objects, Furnishings, Ceramics & Pottery, Meals merchandise, Cosmetics, Chemical Merchandise, Mechanical objects, and many others.

1. 1. 3. Export Promotion

The Ministry of MSME has developed a devoted help system for export promotion from MSME Sector by establishing 59 Export Facilitation Cells (EFCs) in its subject establishments, specifically, MSME-Growth and Facilitation Workplaces, MSME Know-how Centres and MSME Testing Centres. Out of those 59 EFCs, 7 EFCs have been established throughout January, 2023 to December, 2023. The EFCs are facilitating the MSMEs by disseminating info on complete help to MSME exporters, understanding end-to-end course of and documentation concerned in exporting i.e. frequent export paperwork, transportation paperwork, compliance paperwork, certificates of origin, certificates required for cargo of particular items, invoicing and many others.

1. 4. Entry to Know-how
      1. MSME Champions

The target of the MSME Champions Scheme is to choose up clusters and enterprises and modernize their processes, cut back wastages, sharpen enterprise competitiveness, and facilitate their Nationwide and International attain and excellence. The Scheme has three elements, specifically, ‘MSME-Sustainable’ (ZED), ‘MSME-Aggressive’ (LEAN) and ‘MSME-Modern’ (Incubation, Design, IPR).

MSME Modern scheme was launched on tenth March, 2022 and beneath this part, 643 Host Institutes (HIs) have been accepted. Hon’ble Minister (MSME) introduced the winners of ‘MSME Thought Hackathon-2.0(theme based mostly)’ throughout the ‘Udyami Bharat’ programme held at Vigyan Bhawan, New Delhi on twenty seventh June, 2023. Underneath the Thought Hackathon 3.0 (Girls), 18,888 concepts have been obtained and beneath ‘Design’ part, 20 MoUs have been signed with IISc, Bangalore, 7 IITs, 12 NITs as Implementing Businesses and 24 Skilled Design/Pupil Initiatives have been accepted. Underneath ‘IPR’ part, 20 Mental Property Facilitation Centres (IPFCs) have been arrange, 74 Patents, 942 emblems have been accepted and 48 Design registration have been sanctioned.

MSME-Sustainable (ZED) Certification scheme was launched on twenty eighth April, 2022.  A complete of 4.41 lakh MSMEs have been registered and 79,546 Bronze, 275 Silver and 271 Gold certifications have been awarded to MSMEs.

MSME Aggressive (LEAN) Scheme was launched on tenth March, 2023. To this point, 6,561 MSMEs have been registered, 6,453 MSMEs have taken the pledge and three,200 MSMEs with ‘Fundamental Lean’ have been licensed, as much as December, 2023.

1. 1. 2. Know-how Centres

Know-how Centres (often known as Software Room & Technical Establishments) are offering skilled personnel, consultancy in tooling and upgradation of applied sciences/merchandise in sectors like Foundry & Forging, Electronics, Electrical Measuring Devices, Perfume &Flavour, Glass, Sport Items, and Footwear designing, apart from conducting talent growth coaching programmes.

Contribution by Know-how Centres of the Ministry in ‘Chandrayaan-3’ and ‘Aditya L1’ Mission:

India’s third lunar mission, ‘Chandrayaan-3’ was efficiently launched on 14th July, 2023. On this exceptional mission, the next Software Rooms beneath the Ministry made their contribution in direction of realizing ‘Aatmanirbhar Bharat’:

Central Software Room & Coaching Centre (CTTC), Bhubaneswar manufactured and equipped 437 varieties of precision elements (round 54,000 elements) for the Mission.

Institute for Design of Electrical Measuring Devices (IDEMI), Mumbai has manufactured and equipped guiding machine utilized in turbocharger meeting of the Chandrayaan-3.

India’s first Photo voltaic Mission, ‘Aditya L1’ was efficiently launched on 2nd September, 2023. On this exceptional mission, Central Software Room & Coaching Centre (CTTC), Bhubaneswar beneath the Ministry has made its contribution by manufacturing several types of precision elements like regulator, circulate management valves, gyroscope, temperature sensor and navigation components.

30,445 Models have been assisted by 18 Software Rooms & Technical Establishments throughout January, 2023 to November, 2023. To offer impetus to Atmanirbhar Bharat, key import substitution initiatives have been undertaken and accordingly some Software Rooms have began indigenous manufacturing of the foremost elements like Progressive instrument used for Fold Over Layer Gasket manufacturing, Bracket  by 3D Printing Metallic Know-how for utilizing in SUKHOI-30 Air Craft, Piston Shock Absorber for Bike, Sizzling sub entry nozzle (HSEN) Trolley, Sizzling sub entry nozzle (HSEN) Trolley,  Press instruments for producing vane elements,  Mould of skates brake and skates curler, Cap gripper by reverse engineering, Conveyor belt curler utilized in compression moulding cap  manufacturing machine, which have been earlier being imported from different international locations.

Underneath World Financial institution assisted “Know-how Centre Methods Programme” (TCSP), 15 new Know-how Centres (TC) are being established and modernization of the present TCs throughout the nation is being executed. TCs at Bhiwadi, Vizag, Bhopal, Rohtak and Puducherry have began aiding MSMEs and imparting talent coaching. Throughout January to December, 2023, 13,600 college students have been skilled and 700 MSMEs have been assisted by these TCs. All India Council of Technical Schooling (AICTE) approval has been obtained for beginning 4 new Diploma Programs at TC, Sitarganj. M/s IRCON, a CPSE has been employed for steadiness procurement in TCs.

 

To enhance the community of Know-how Centres, beneath the Scheme, “Institution of New Know-how Centres / Extension Centres”, 20 Know-how Centres (TCs) and 100 Extension Centres (ECs) are being established throughout the nation beneath Hub and Spoke mannequin, to supply numerous companies like expertise help, skilling, incubation and consultancy to MSMEs and creation of latest MSMEs. To this point, 21 Extension Centres (ECs) have develop into operational.

0. 5. Skilling
1. 1,579 programmes have been carried out, benefiting 84,716 individuals,  beneath the scheme, Entrepreneurship Talent Growth Programme (ESDP),  from  January, 2023 to December, 2023.

• (ii) Additional, 3,07,583 individuals have been imparted talent coaching by means of numerous organizations beneath the Ministry i.e. Software Rooms & Technical Establishments, New Know-how Centres established beneath TCSP, Nationwide Small Industries Company (NSIC) Ltd., Khadi and Village Industries Fee (KVIC), Nationwide Institute for Micro, Small and Medium Enterprises (ni-msme) and Coir board from January,2023 to December, 2023.
  6. Promotion of MSMEs amongst SC/STs and in NER
     1. Nationwide SC-ST Hub (NSSH)

The scheme is aimed toward selling entrepreneurship amongst the SC/ST and to fulfil the 4% procurement mandate by the CPSEs as laid down within the Central Authorities Public Procurement Coverage and to spice up entrepreneurship amongst SC/STs. Throughout January to December, 2023, a complete of 6 Mega Occasions (NSSH Conclaves) have been organized within the SC/ST dominant areas i.e.  Mumbai (Maharashtra), Gumla (Jharkhand), Jhabua (Madhya Pradesh), Itanagar (Arunachal Pradesh), Shillong (Meghalaya) and Jalaun (Uttar Pradesh) wherein 3,988 present/aspiring SC-ST entrepreneurs participated.

 

The scheme made a constructive affect amongst goal beneficiaries by means of skilled help in upgrading their expertise, facilitating market linkages and handholding help which resulted in a 15-fold improve in public procurement from SC/ST MSEs (by way of worth) i.e., Rs. 99.37 crore in 2015-16 to Rs. 1,543 crore in 2022-23 as reported on the MSME Sambandh portal and from January, 2023 to December, 2023 procurement worth from SC/ST MSEs is Rs. 1328 crore.

1. 1. 2. Promotion of MSMEs in NER and Sikkim Scheme

The Scheme consists of elements viz., (i) Establishing of latest and modernization of present Mini Know-how Centre, Growth of latest and present Industrial Estates and (ii) Growth of Tourism Sector. Underneath the Scheme, 4 initiatives (2 in Mizoram, 1 every at Tripura and Assam) have been accomplished for growth of Industrial Estates with Authorities of India contribution of Rs. 28.19 crore, throughout the 12 months 2023.  14 Industrial Estates/Flatted Manufacturing facility Complicated initiatives have been accepted with complete venture value of Rs. 204.41 crore and accepted Authorities of India’s grant of Rs. 158.43 crore (8-Assam, 3-Meghalaya, 2-Sikkim & 1-Arunachal Pradesh) throughout the 12 months, 2023.

1. 7. RAMP Scheme

Elevating and Accelerating MSME Efficiency Programme (RAMP) Scheme goals at strengthening establishments and governance on the Centre and State, bettering Centre-State linkages and partnerships and bettering entry of MSMEs to market and credit score, expertise upgradation and addressing the problems of delayed funds and greening of MSMEs. Conferences of the Nationwide MSME Council have been held on tenth Might, 2023 and twentieth December, 2023. Strategic Funding Plans (SIPs) of 10 States viz. Tamil Nadu, Odisha, Sikkim, Maharashtra, Uttar Pradesh, Madhya Pradesh, Mizoram, Andhra Pradesh, Bihar and Karnataka have been accepted with a complete outlay of Rs. 1143.55 crore. States have been disbursed the primary tranche of Authorities of India’s  grants.

 

Three sub-schemes have been launched beneath RAMP viz., (i) MSE-GIFT (MSE Inexperienced Funding and Financing for Transformation, with an outlay of Rs. 478 crore for offering curiosity subvention and assure for MSE loans for recognized inexperienced applied sciences) (ii) MSE-SPICE (MSE Scheme for Promotion of Funding in Round Economic system), with an outlay of Rs. 472.50 crore for offering 25% capital subsidy to MSEs for adopting round financial system (iii) MSE Scheme on On-line Dispute Decision for Delayed Funds with an outlay of Rs.188.97 crore.

ZED certification has been made free for MSME ladies entrepreneurs.

4.8       Worldwide Cooperation Scheme

Underneath the scheme, monetary help is supplied on reimbursement foundation to the eligible Central/State Authorities organizations/Trade Associations to facilitate participation of MSMEs within the worldwide exhibitions held overseas, organizing worldwide convention in India in addition to reimbursement of varied prices concerned in export of products and companies with the intention of expertise upgradation, modernization, three way partnership and many others.

Signing of MoUs

• A Memorandum of Understanding (MoU), for renewal of cooperation within the subject of MSMEs, has been signed between Nationwide Small Industries Company Ltd. (NSIC), a CPSE beneath the Ministry of Micro, Small and Medium Enterprises (MSME) and Korea SMEs and Startups Company (KOSME) of Republic of Korea on twenty seventh February, 2023 in New Delhi.

Digital B2B Conferences have been organized between Indian and South Korean Enterprises in cooperation with counterpart group, KOSME, South Korea in June, 2023. A International Know-how Trade Programme, 2023 was organized in New Delhi to create enterprise linkages between MSMEs of India and South Korea. Additional, participation of 8 MSMEs in Worldwide exhibition, Korea Metallic Week at Kintex, South Korea in October was facilitated beneath IC Scheme.

• An MoU was signed between Ministry of MSME and Jute Merchandise Growth and Export Promotion Council (JPDEPC) on seventh August, 2023 in New Delhi to designate JPDEPC as one of many implementing company for first intervention (i.e. reimbursement of RCMC prices) of CBFTE (Capability Constructing for First Time Exporters) part of IC Scheme.  JPDEPC is the twentieth EPC to signal with the Ministry of MSME, Authorities of India for this intervention.
• 2nd India-Taiwan SME JWG (Joint Working Group) assembly was held between Ministry of Micro, Small & Medium Enterprises (MSME), India, and Small and Medium Enterprise Administration (SMEA), Ministry of Financial Affairs (MOEA), Taiwan, on fifth September, 2023 in New Delhi. Through the assembly, either side shared info on SME growth insurance policies particularly w.r.t. digital transformation, formalization, public procurement, delayed fee and many others. to help the SMEs and likewise deliberated on attainable areas of collaboration in creating networking alternatives for MSMEs, selling expertise switch and capability constructing in several sectors. Subsequently, the Indian facet has steered few sectors such as- Electronics and semiconductors, Machine Instruments, Automotive elements, Good Applied sciences and Renewable Power for the third India-Taiwan SME Cooperation Discussion board to be hosted by Taiwan facet in 2024.
• 2nd Assembly of India-Taiwan SME Cooperation Discussion board was held on seventh September, 2023 in Mumbai, India. The main focus sector of the assembly was meals processing sector. Aside from Authorities officers, MSME representatives of either side additionally took half within the mentioned assembly for exploring enterprise tie-ups, expertise collaborations and many others. The Discussion board was attended by 43 MSMEs. The discussion board supplied a superb networking alternative for enterprises of each international locations to discover sustainable enterprise alliances. Discussions have been held about key matters associated to meals business, together with significance of automation and AI in remodeling the worldwide meals business, future traits together with Good and inexperienced manufacturing, the significance of meals security, greatest practices and applied sciences being adopted within the meals processing. Additionally, Enterprise (B2B) conferences have been organized between 25 Indian enterprises and eight Taiwanese enterprises, in merchandise, resembling, meals processing equipments/equipment, Freeze Dried Greens and Freeze Dried Fruit Powders and many others. These B2B conferences helped in creating enterprise linkages amongst enterprises of India and Taiwan.

• 2nd assembly of India-Japan Joint Working Group (JWG) on MSME Cooperation, constituted beneath the India-Japan Industrial Competitiveness Partnership Roadmap (IJICP), was held on thirteenth July, 2023 in digital mode. Through the assembly, either side mentioned the proposed talent growth/coaching in 5S and Kaizen at Ministry of MSME’s Know-how Centres (TC) located at Bhiwadi & Puducherry, by Affiliation for Abroad Technical Cooperation and Sustainable partnership (AOTS) of Japan. Pursuant to the mentioned assembly, two-day coaching programmes on “5S and Kaizen” have been carried out by Japanese consultants at MSME- TC at Bhiwadi and Puducherry in September, 2023, whereby representatives from these TCs, academia, startups and MSME representatives participated.

• Ministry of Micro, Small and Medium Enterprises (MSME) in affiliation with India SME Discussion board organized Worldwide SME Conference 2023 throughout 19-21 March, 2023. Over 1700 Indian delegates, 180+ worldwide delegates, 65 audio system from numerous international locations and 9 Union and State Ministers from India attended the occasion. 1305 Commerce Join kinds have been filed for enterprise matchmaking that facilitated networking, collaboration and commerce partnership between Indian and Worldwide SMEs.

• twelfth Mekong Ganga Cooperation (MGC) Overseas Ministers’ Assembly (FMM) was held in Bangkok, Thailand on sixteenth July, 2023 and was attended by India, Cambodia, Thailand, Myanmar, Vietnam and Lao PDR. Through the assembly, the Ministers agreed to ascertain the Lead nation Mechanism for streamlining of the cooperation in 10 precedence areas, specifically, Tourism, Tradition, Schooling, Transport & Communication, Well being and Conventional Drugs, Agriculture and allied sectors, MSMEs, Water Sources Administration, Science and Know-how and Talent Growth and Capability Constructing to be coordinated by means of an Skilled Working Group (EWG) for every precedence space.

5.         Promotion of Khadi, Village Industries and Coir Sector

1. 1. 1. Khadi and Village Industries

As part of rationalization train, the Authorities of India merged all the present KVI schemes/sub-schemes/elements and introduced these beneath one umbrella scheme, specifically, Khadi and Gramodyog Vikas Yojana (KGVY) in 2019 and accordingly, the rules of the Scheme have been issued by the Ministry on eighth November, 2019, with the next three elements:

1. Khadi Vikas Yojana – This sub-scheme affords finish to finish help in selling Khadi Trade within the nation, with the intention of accelerating Khadi Manufacturing, gross sales, variety of artisans and likewise employment alternatives.  Underneath this, monetary help can be supplied for bettering Infrastructure for Khadi Manufacturing.
2. Gramodyog Vikas Yojana – This sub-scheme focuses on selling conventional expertise of rural artisans, with the principle intention of assembly the developmental wants of the Village Trade sector. 
3. Khadi Grant – That is meant for assembly institution bills of KVIC Officers/workers.

Underneath the Modified Market Growth Help (MMDA) Scheme, 1,256 Khadi Establishments (KIs) have been supported benefitting 1,45,758 artisans with a fund disbursement of Rs. 217.17 crore.

Underneath the Curiosity   Subsidy   Eligibility   Certificates (ISEC) Scheme, 1,314 Khadi Establishments (KIs) have been supported with a fund disbursement of Rs. 35.32 crore.

Underneath the Workshed Scheme for Khadi Artisans, 1,150 Work sheds have been supported with a fund disbursement of Rs. 5.55 crore.

 

Underneath the strengthening of Infrastructure of Present Weak Khadi Establishments   and Help   for   Advertising   Infrastructure, 40 Khadi Establishments (KIs) have been strengthened, 65 Gross sales retailers have been renovated with a fund disbursement of Rs. 2.22 crore and Rs. 10.51 crore, respectively.

Gramodyog Vikas Yojana (Village Trade Programme)

 

Underneath the Kumhaar Sashaktikaran Programme beneath Mineral Based mostly Trade, 1,862 Electrical Potter Wheels have been distributed with a fund disbursement of Rs. 10.94 crore.

Underneath the Honey Mission/beekeeping, beneath Agro Based mostly and Meals Processing Trade, 15,310 Bee Containers have been distributed benefitting 1,531 beneficiaries with a fund disbursement of Rs. 8.93 crore.

 

1. 1. 2. Coir Sector

Indian Coir sector achieved an export turnover of 12,65,000 MT valued at Rs. 3,992 crore throughout the interval from January, 2023 to December, 2023. Employment era throughout the interval of January, 2023 to November, 2023 was 1824, thus making the cumulative employment era 7,47,827. The general manufacturing of coir  fibre  had reached 7,31,000 MTs throughout this era.

 

3. ACHIEVEMENTS OF NSIC & MGIRI
   1. 1. Nationwide Small Industries Company (NSIC)

NSIC offers credit score help for uncooked materials procurement by making the fee to suppliers in Uncooked Materials Help scheme in opposition to Financial institution Assure. Through the interval of January 2023 to November 2023, credit score facilitation of Rs. 6,165 crore was executed.

NSIC kinds consortia of small models manufacturing the identical merchandise, thereby pooling of their capability, which offers consolation stage to MSEs as suppliers and likewise to patrons. The Company applies for tenders on behalf of consortia of MSEs and secures orders for bulk portions. These orders are then distributed amongst MSEs in step with their manufacturing capability. Throughout January,2023 to November, 2023, NSIC has participated in 553 tenders valuing Rs. 291.71 crore and executed tenders amounting to Rs. 96.92 crore.

NSIC additionally facilitates E-Advertising Service by means of MSME International Mart Net Portal (www.msmemart.com). Through the interval January,2023 to November, 2023, 10,399 members have been enrolled.

1. 1. 2. Mahatma Gandhi Institute for Rural Industrialization (MGIRI)

Mahatma Gandhi Institute for Rural Industrialization (MGIRI), Wardha is a Nationwide Autonomous Institute, established in 2009, beneath the aegis of the Ministry of MSME, Authorities of India.

MGIRI has departments for Khadi and Textile Industries (Ok&T), Bio-processing and Natural based mostly Industries (B&H), Rural Chemical Industries (RCI), Rural Crafts and Engineering (RC&E), Rural Infrastructure and Power (REI) and Administration and Methods (M&S).

 

Throughout January, 2023 to December, 2023, MGIRI undertook talent growth coaching programmes for numerous sectors and applicable synergy was established for such programmes with State Governments and organizations like KVIC.

 

7.         GRIEVANCE REDRESSAL PORTAL

Hon’ble Prime Minister launched a web-based “CHAMPIONS” Portal on 1st June, 2020, which covers many features of e-governance, together with grievance redressal and handholding of MSMEs.

 

On the event of ‘Worldwide MSME Day’, 2023, on  27thJune 2023, CHAMPIONS 2.0 was launched by Hon’ble Minister of MSME. The portal has been upgraded to boost person friendliness and grievance decision turn-around-time.

 

Since inception, CHAMPIONS Portal has obtained 76,205 grievances, out of which 75,815 (99.48%) have been replied on the portal.