INTEGRAL UNIVERSITY

DEPARTMENT OF COMMERCE AND BUSINESS

MANAGEMENT

NAME:- Mohd Osama Sami

ENROLLMENT NO:- 2000100401
COURSE:- BBA
YEAR/SEMESTER:- 3rd Year 5th Semester
SUBJECT:- Entrepreneurship
CODE:- BM 325

SUBMITTED TO:- Dr. Yasir Arafat Elahi

Major Schemes of the Ministry of MSME
The Ministry of MSME runs numerous schemes targeted at:-

a) providing credit and financial assistances,

Intended beneficiaries

Only new projects are considered for sanction under PMEGP. Any individual,
above 18 years of age is eligible under the scheme. Since inception in 2008-
09 till31.12.2022, a total of about 8.37 lakh micro enterprises have been
assisted with a margin money subsidy of Rs 20,775 crore providing
employment to an estimated 68 lakh persons. Out of the total units set up
under PMEGP, around 80% are under rural areas and around 20% under urban
areas. More than 50% units belong to women, SC and STs. Around 15% units
are setup in Aspirational Districts

b) skill development training,

Intended beneficiaries

Any agency/institution of Government of India/ State government or existing

training centres under Ministries/Departments of Government of India/State
Government, Industry Associations, Academic Institutions and not-for-profit
private institutions with experience in successfully executing incubation
and/or skill development programs.

c) infrastructure development,
Intended beneficiaries

Non-Government organizations (NGOs), institutions of the Central and State

Governments and semi-Government institutions, field functionaries of State and
Central Govt., PanchayatiRaj institutions (PRIs), Private sector by forming cluster
specific SPVs, Corporates and Corporate Social Responsibility (CSR) foundations
with expertise to undertake cluster development.
 D) marketing assistance
Intended beneficiaries

Khadi Institutions (KIs) affiliated/ registered with KVIC, State/UT KVIBs,

State/ UT KVIB units holding valid Khadi/Polyvastra and Khadi Mark
Certificate and whose annual budget duly approved by KVIC.

d) technological and quality upgradation and

Intended beneficiaries

Udyam Registered manufacturing MSMEs

e) Other Services for the MSMEs across the country

Intended beneficiaries

RAMP scheme envisages to benefit more than 5.5 lakh MSMEs during the
programme period (FY 2022-23 to 2026-27). The programme implementation will
be through the State agencies.

 Recent Initiatives taken by Indian Government

MyMSME To facilitate the enterprises to take benefits of various schemes, the
Office of Development Commissioner (MSME) has launched a web-based
application module, namely, MyMSME. This can also access through a mobile app.
Entrepreneurs can make their applications and track it as well on their mobile itself.

Digital Payments
Government of India is making efforts for promoting a cash less economy and to
provide the facility of seamless digital payment to all citizens of India in a
convenient manner. Promotion of digital payments has been accorded highest
priority by the Government of India to bring each and every segment of our country
under the formal fold of digital payment services. The Vision is to provide facility
of seamless digital payment to all citizens of India in a convenient, easy, affordable,
quick and secured manner.

MSME SAMADHAAN:
To Address Delayed Payment to MSEs Section 15-24 of the micro, Small and
Medium Enterprises Development (MSMED) Act, 2006 deal with the issues relating
to the Delayed Payments to Micro and Small Enterprises (MSEs) by the buyers to
the MSE supplier. In the case of delay in payment beyond 45days, MSEs suppliers
may approach the Micro and Small Enterprises Facilitation Council (MSEFC)
constituted under the Act in all State/UTs.
Public Procurement Policy
To provide marketing support to Micro and Small Enterprises (MSEs), Ministry of
MSME has notified the Public Procurement Policy for Micro and Small Enterprises
(MSEs) Order, 2012 under the MSMED Act, 2006 which is effective from 1st April,
2012 and has become mandatory w.e.f. 1st April, 2015.
MSME SAMPARK
A job portal called “MSME SAMPARK” has been launched by the Hon’ble
President of India on 27.06.2018. This portal is a digital platform wherein jobseekers
(i.e. passed out trainees / students of MSME Tool Rooms & Technical Institutions)
and recruiters can register themselves for mutually beneficial interaction. As on
05.01.2023, a total of 4, 80, 511 passed out trainees (job seekers) database available
on portal out of which 99, 201 trainees (job seekers) have registered and 6, 469
recruiters (job provider) have registered on the SAMPARK portal against vacancies
posted by recruiters; 49,415 resumes have been shared with recruiters and 33,593
jobs have been offered.
Grievance Monitoring for MSME

MSME Sambandh Portal

The Ministry of MSME had launched “MSME-SAMBANDH Portal” on 8th

December, 2017. The portal helps in monitoring the procurement by Central
Government Ministries, Departments and CPSEs and enables them to share the list
of required products/services from MSEs. The portal features, inter alia, the
following:- • Total procurement of CPSEs; • Monthly update of procurement by
CPSEs from MSEs; • Monthly update of procurement by CPSEs from MSEs owned
by SC/ST and women; • Reports for monitoring by heads of Ministries, Departments
and CPSEs; and • Items purchase by CPSEs. 158 CPSEs have uploaded procurement
details for 2021-22. These CPSEs have reported procurement of Rs. 1,64,514.20
crore. The share of purchases from all MSEs amounts to Rs. 53,484.46 crore
(2,25,437 MSEs benefited), which is 32.51% of the total procurement. The amount
of purchases from SC/ST owned MSEs amounts to Rs. 1,290.87 crore (10,414 MSEs
benefited) and the amount of purchases from Women owned MSEs amounts to Rs.
1,660.43 crore (11,225 MSEs benefited). As on 31st December, 2022, a total of 131
CPSEs have uploaded details for 2022- 2023. These CPSEs have reported
procurement of Rs. 1,07,988.17 crore. The share of purchases from all MSEs
amounts to Rs. 38,432.29 crore (1,44,987 MSEs benefited) which is 35.59% of the
total procurement.