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Introduction

• Small & Medium Enterprises are backbone of


Industrial Development
• Ministry of Micro, Small and Medium enterprises
contributes nearly 8% in GDP, 40% in
manufacturing output and 45% in exports
• They provide the largest share of employment
after agriculture
• They have emerged as a dynamic and vibrant
sector of economy
MSME ?

Micro, Small ,Medium Enterprises

On The Basis of Investment & Turnover


Industry Differentiation
Investment
Turnover
in Plant &
Machinery or
Equipment

> Rs. 1 cr. Micro > Rs. 5 cr.

Small
> Rs. 10 cr. > Rs. 50 cr.

> Rs. 50 cr. Medium > Rs. 250 cr.


Role /Features of MSME
Employment Generation

Production

Export Contribution

Increase GDP

Innovation & Development

Utilizing resources (Local) optimally


MSME and Its schemes
Regulated through MSMED Act, 2006
Micro, Small ,Medium Enterprises Development (MSMED)
Seeks to facilitate the development of these enterprises
Establishment of specific funds for the promotion, development & enhancing competitiveness of these
enterprises

Different schemes have been launched to grow MSME Sector


International Cooperation Scheme
Provide financial assistance upto 95% of airfare and space rent for entrepreneurs,
Participation by Indian MSMEs in international exhibitions, tade fares and buyer sellers meet in foreign
countries as well as in India, in which there is international participation.
Assistance to training Institutions(AIT)
Provided to training institutions in the form of capital grant for creations/strengthen of infrastructure and
support for conducting entrepreneurship development and skill development training programs.
MSME and its schemes
Marketing Assistance
Financial assistance of up to 95% of airfare and space rent for entrepreneurs; assistance is provided on the basis
of size & type of the enterprise

ISO 9000/ ISO14001 Certification reimbursement


Reimbursement of charges for acquiring ISO 9000/ ISO 140001/HACCP certification to the extent of 75% of
expenditure subject to a maximum of Rs. 75000 in each case.

Credit linked Capital Subsidy CLCS for Technology Upgradation


Aims at facilitating technology upgradation by providing 15% upfront capital subsidy to MSEs

National Small Industries corporation Limited (NSIC)


To promote aid and foster the growth of micro & small enterprises in the country, generally on commercial
basis.
Savita S. Dhonnar

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