SMART

CURRENT
AFFAIRS
LECTURE NO.32
Theme: Economics
Topics: Economics Data, HCES-2022,
Industries, Inflation, Schemes
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ECONOMIC DATA IN INDIA

SOME IMPORTANT INDICES & RELATED AGENCIES
INDICES COMPILED BY
WPI Office of the Economic Adviser, Department for Promotion of Industry and Internal
Trade (DPIIT), Ministry of Commerce and Industry
CPI- Labour Bureau, in Ministry of Labour & Employment
IW,AL,RL
CPI-R, CPI-U, National Statistical Office (NSO), Ministry of Statistics & Programme
CPI-C Implementation
IIP CSO, [NSO, Ministry of Statistics & Programme Implementation]
ICI Office of the Economic Adviser, Department for Promotion of Industry and Internal
Trade (DPIIT), Ministry of Commerce and Industry
GDP CSO, [NSO, Ministry of Statistics & Programme Implementation]
PLFS NSSO, [NSO, Ministry of Statistics & Programme Implementation]

MoSPI

Programme Implementation Wing:

STATISTICS WING *National Statistical
*Twenty Point Programme
NSO =NSSO + CSO Commission (NSC)
*Infrastructure and Project *ISI
Monitoring
*MPLAD

MINISTRY OF PROGRAMME IMPLEMENTATION (MoSPI):

NSO =NSSO + CSO
§ CSO coordinates the statistical activities in the country and also evolves statistical standards.
§ NSSO is responsible for conduct of large scale sample surveys in diverse fields on an all India basis.

SURVEY CONDUCTED BY NSSO:

1. Socio Economic Survey
2. Periodic Labour Force Survey: Launched in 2017-18 (Amitabh Kundu Committee)
3. Annual Survey of Industries (ASI)
4. Annual Survey on Unincorporated Sector Enterprise
5. Annual Survey of Service Sector Enterprise
6. Household Consumer Expenditure Survey (HCES)
7. Price Statistics: Price Statistics Division, NSO (under MoSPI): Consumer Price Index (Rural, Urban,
Combined)

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MINISTRY OF LABOUR & EMPLOYMENT

§ CPI-IW, AL, RL
§ Labour Bureau has been engaged in collection, compilation and analysis and dissemination of
information on industrial disputes, closures, entrenchments and lay-offs in factories employing
workers

Question-1: In India, which one of the following compiles information on industrial disputes,
closures, entrenchments and lay-offs in factories employing workers? [UPSC Prelims 2022]
a. Central Statistics Office
b. Department for Promotion of Industry and Internal Trade
c. Labour Bureau
d. National Technical Manpower Information System

DEPARTMENT FOR PROMOTION OF INDUSTRY & INTERNAL TRADE (DPITT), MoCI:

§ Wholesale Price Index (WPI): It is released by the Office of Economic Advisor, DPIIT on monthly
basis with a 14 days lag.
§ Index of Eight Core Industries (ICI): It is also released by Office of Economic Advisor, DPIIT on
monthly basis.
HOUSEHOLD CONSUMPTION EXPENDITURE SURVEY (HCES): 2022-23
ANALYSIS WITHOUT IMPUTED VALUES OF WELFARE SCHEMES
1. MPCE (Rs) & SHARE OF FOOD & NON-FOOD ITEMS: ALL INDIA
TABLE-1: AVERAGE MPCE (Rs) & SHARE OF FOOD & NON-FOOD ITEMS: ALL INDIA
Item Group RURAL URBAN
Average MPCE (Rs) Share in total Average MPCE (Rs) Share in total
MPCE (%) MPCE (%)
Food 1,750 46 2530 39
Non-Food 2,023 54 3929 61

2. TREND IN LEVEL OF CONSUMPTION SINCE 1990-00: ALL INDIA

TABLE-2: TREND IN LEVEL OF CONSUMPTION SINCE 1990-00: ALL INDIA
SECTOR Average MPCE (Rs) over different period
1999-00 2004-05 2009-10 2011-12 2022-23
RURAL 486 579 1054 1430 3773
URBAN 855 1105 1984 2630 6459
Difference as % 75.9 90.8 88.2 83.9 71.2
of Rural MPCE

3. TREND IN THE LEVEL OF FOOD CONSUMPTION (AVERAGE MPCE)

TABLE-3: % SHARE OF FOOD IN MPCE
YEAR RURAL URBAN
1999-00 59.46 48.06
2004-05 53.11 40.51
2011-12 52.9 42.62
2022-23 46.38 39.17

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4. SHARE OF EXPENDITURE ON DIFFERENT FOOD ITEMS IN THE FOOD EXPENDITURE

TABLE-4: % SHARE OF MPCE

Item Group RURAL Urban
1999-00 2011-12 2022-23 1999-00 2011-12 2022-23
Cereals & Cereal 22.23 10.75 4.91 12.39 6.66 3.64
Substitutes
Pulses 3.81 2.76 1.77 2.84 1.93 1.21
Egg, Fish, Meat 3.32 4.79 4.91 3.13 3.65 3.57
Fruits 1.72 2.83 3.71 2.42 3.42 3.81
Vegetables 6.17 6.62 5.38 5.13 4.63 3.8
Beverages, 4.19 7.90 9.62 6.35 8.98 10.64
Processed food etc

ANALYSIS WITH IMPUTED VALUES OF WELFARE SCHEMES

1. MPCE (Rs) & SHARE OF FOOD & NON-FOOD ITEMS: ALL INDIA
TABLE-5: AVERAGE MPCE (Rs) & SHARE OF FOOD & NON-FOOD ITEMS: ALL INDIA
Item Group RURAL URBAN
Average MPCE (Rs) Share in total Average MPCE (Rs) Share in total
MPCE (%) MPCE (%)
Food 1832 47 2589 40
Non-Food 2028 53 3932 60

2. TREND IN LEVEL OF CONSUMPTION SINCE 1990-00: ALL INDIA

TABLE-6: TREND IN LEVEL OF CONSUMPTION SINCE 1990-00: ALL INDIA
SECTOR Average MPCE (Rs) over different period
1999-00 2004-05 2009-10 2011-12 2022-23
RURAL 486 579 1054 1430 3860
URBAN 855 1105 1984 2630 6521
Difference as % 75.9 90.8 88.2 83.9 68.9
of Rural MPCE

3. TREND IN THE LEVEL OF FOOD CONSUMPTION (AVERAGE MPCE)

TABLE-7: % SHARE OF FOOD IN MPCE
YEAR RURAL URBAN
1999-00 59.4 48.06
2004-05 53.11 40.51
2011-12 52.9 42.62
2022-23 47.47 39.70

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4. SHARE OF EXPENDITURE ON DIFFERENT FOOD ITEMS IN THE FOOD EXPENDITURE

TABLE-8: % SHARE OF MPCE
Item Group RURAL Urban
1999-00 2011-12 2022-23 1999-00 2011-12 2022-23
Cereals & Cereal 22.23 10.75 6.92 12.39 6.66 4.51
Substitutes
Pulses 3.81 2.76 1.73 2.84 1.93 1.20
Egg, Fish, Meat 3.32 4.79 4.8 3.13 3.65 3.54
Fruits 1.72 2.83 3.63 2.42 3.42 3.77
Vegetables 6.17 6.62 5.26 5.13 4.63 3.76
Beverages, 4.19 7.9 9.41 6.35 8.98 10.53
Processed food etc

WELFARE:

POVERTY

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CONSUMER PRICE INDEX (CPI):

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TREND RELATED TO CPI:

§ Long term trend: Mostly CPI-H remained above the target range
§ Cause for CPI rise: food items such as tomatoes & Onions
§ Factors that led to CPI decline: Vegetables

WHOLESALE PRICE INDEX (WPI):

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Long Term Trend:

§ Stayed in deflation zone è
a. Food Price Increased
b. Manufacturing products and fuel and power items price declined
c. (b) > (a) è WPI became negative
Feb 2024:
§ Food: Wheat (cereals) & Pulse price increased è WPI increased at slower pace
§ Manufactured Products: No change in February from January
Mar 2024:
§ WPI was positive: increase in prices of food articles, electricity, crude petroleum & natural gas,
machinery & equipment and other manufacturing etc

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CONCLUSION:
1. Food Price= Inflated & still rising
2. Manufactured products, fuel, power = No significant inflation
3. WPI = from negative it became positive (0.53%)
4. CPI= high because of food prices (around 5%)

BASICS CONCEPTS:
SL.NO Group Description Revised Series of CPI (Base Year 2012)
Rural Urban Combined
1 Food & beverages 54.18 36.29 45.86
2 Pan, tobacco & intoxicants 3.26 1.36 2.38
3 Clothing & Footwear 7.36 5.57 6.53
4 Housing - 21.67 10.07
5 Fuel &Light 7.94 5.58 6.84
6 Miscellaneous 27.26 29.53 28.32
Total 100 100 100
Weight of Food (Food Inflation) 47.25 29.62 39.06

INDICES BASE COMPILED BY

YEAR
WPI 2011-12 Office of the Economic Adviser, Department for Promotion of Industry
and Internal Trade (DPIIT), Ministry of Commerce and Industry
CPI-IW 2016 Labour Bureau, in Ministry of Labour & Employment
CPI-AL 1986-87
CPI-RL 1986-87
CPI-R 2012 National Statistical Office (NSO), Ministry of Statistics & Programme
CPI-U Implementation
CPI-C

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INDUSTRIES

Index of Industiral Production (IIP)

Index of Core Indistries (ICI)

INDUSTRIES

Annual Survey of Industries (ASI)

Purchasing Manager's Index (PMI)

INDEX OF INDUSTRIAL PRODUCTION (IIP) (BASE YEAR: 2011-12)

§ CSO (Now NSO) under MoSPI, monthly
§ IIP is compiled on the basis of data from 14 ministries.
§ IIP is a short-term composite indicator that measures the changes in the volume of production of
a basket of industrial products during a given period with respect to that in a chosen base period.
§ IIP is a composite indicator that measures the growth rate of industry groups classified under:
1. Broad sectors:
a. Mining (29 items, 14.4%)
b. Manufacturing (809 items, 77.6%)
c. Electricity (1 item, 8%)
2. Use-based sectors:
a. Primary Goods (34.05%)
b. Intermediate Goods (17.22%)
c. Consumer non-durable (15.33%)
d. Consumer Durable (12.84%)
e. Infrastructure/Construction Goods (12.34%)
f. Capital Goods (8.22%)

INDEX OF EIGHT CORE INDUSTRIES (BASE: 2011-12)

§ DPIIT, Monthly
§ The ICI measures the combined and individual performance of production of eight core industries
viz. Cement, Coal, Crude Oil, Electricity, Fertilizers, Natural Gas, Refinery Products and Steel.
§ The Eight Core Industries comprise 40.27% of the weight of items included in the Index of
Industrial Production (IIP).

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SL.NO INDUSTRY WEIGHT (%)

1 Refinery Products 28%
2 Electricity 19.9%
3 Steel 17.9%
4 Coal 10.3%
5 Crude Oil 9%
6 Natural Gas 6.9%
7 Cement 5.4%
8 Fertilizer 2.6%

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ANNUAL SURVEY OF INDUSTRIES (ASI):

§ Collects data for organised manufacturing
sector EXCLUDED FROM ASI:
Defence establishments, oil storage and
§ Published annually by CSO (Now NSO)
distribution depots, departmental units such as
§ Coverage: ASI covers railway workshops, RTC workshops, Govt.
1. All factories registered under Sections Mints, sanitary, water supply, gas storage etc.
2(m)(i) and 2(m)(ii) of the Factories Act, are excluded from the purview of the survey.
1948, (only those establishments, which
are employing 10 or more workers with power or 20 or more without power, are covered)
2. The units with 100 or more employees not registered under Section 2m (i) and 2m (ii) of the
Factories Act, 1948 but registered under any of the seven Acts like Companies Act, Factories
Act etc.
3. Registered Bidi and cigar manufacturing establishments, all electricity undertakings (not
registered with the Central Electricity Authority (CEA)).
ASI 2021-22:
§ Factories in the country increased by 1.7% year-on-year to 2.46 lakh in 2019-20, employing a total
of 1.3 crore workers.
§ Among states, Tamil Nadu showed the highest number of employment of workers in 2019-20,
followed by Maharashtra and Gujarat.

PURCHASING MANAGER’S INDEX (PMI):

§ Monthly Index
§ It measures activity at the purchasing or input stage. Note that, IIP which is indicative of actual
production.
§ There are two types of PMI:
1. Manufacturing PMI
2. Services PMI
§ The index shows trends in both the manufacturing and services sector.
§ PMI does not capture informal sector activity.

Institution responsible for releasing PMI for India

§ S&P Global - a global major in financial information and analytics. Earlier PMI data is India was
released by IHS Markit before its merger with S&P.
§ The Manufacturing PMI measures the performance of India’s manufacturing sector and is derived
after a monthly survey of approx. 500 manufacturing companies.
Methodology
§ The PMI is derived from a series of qualitative questions sent to the companies.
§ The questions are related to 5 key variables.
1. New orders (30%)
2. Output (25%)
3. Employment Environment (20%)
4. Suppliers’ delivery times (15%)
5. Stock of items purchased (10%)
Range of PMI:
§ PMI > 50 = expansion in business activity
§ PMI < 50 contraction in business activity

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§ The rate of expansion can also be judged by comparing the PMI with that of the previous month
data. If the figure is higher than the previous month’s then the economy is expanding at a faster
rate.

HSBC FLASH PMI:

§ The Flash PMI scores for an ongoing month are based on responses from about 75% to 85% of
500 services and manufacturing players surveyed for the PMI that is available for each month in
the first week of the subsequent month.
§ Combined output from India’s manufacturing and services sectors may have grown at the fastest
pace in the recent months.

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SCHEMES (Industries & Infrastructure)

MAKE IN INDIA
§ The ‘Make in India' initiative was launched on September 25, 2014, to facilitate investment, foster
innovation, build best in class infrastructure and make India a hub for manufacturing, design and
innovation.
§ Make in India initiative presently focuses on the following 27 sectors under Make in India 2.0

Manufacturing Sectors
1. Aerospace and Defence
2. Automotive and Auto Components
3. Pharmaceuticals and Medical Devices
4. Bio-Technology
5. Capital Goods
6. Textile and Apparels
7. Chemicals and Petro chemicals
8. Electronics System Design and Manufacturing (ESDM)
9. Leather & Footwear
10. Food Processing
11. Gems and Jewellery
12. Shipping
13. Railways
14. Construction
15. New and Renewable Energy

Service Sectors
1. Information Technology & Information Technology enabled Services (IT &ITeS)
2. Tourism and Hospitality Services
3. Medical Value Travel
4. Transport and Logistics Services
5. Accounting and Finance Services
6. Audio Visual Services
7. Legal Services
8. Communication Services
9. Construction and Related Engineering Services
10. Environmental Services
11. Financial Services
12. Education Services

FOUR PILLARS OF M.I.I:

1. New Processes: ease of doing business
2. New Infrastructure: Industrial corridors, smart cities, create world class infrastructure, and high-
speed communication.
3. New Sectors: FDI has been opened up in Defence Production, Insurance, Medical
Devices, Construction and Railway infrastructure, Insurance and Medical Devices.
4. New Mindset: Government shall act as a facilitator and not a regulator

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PRODUCTION LINKED INCENTIVE SCHEME (PLI):

§ India’s vision of becoming Atmanirbhar and enhancing India’s manufacturing capabilities and
exports
§ An outlay of INR 1.97 lakh crore (over US$ 26 billion) for 14 key sectors of manufacturing
§ The 14 sectors are: (i) Mobile Manufacturing and Specified Electronic Components, (ii) Critical Key
Starting Materials/Drug Intermediaries & Active Pharmaceutical Ingredients, (iii) Manufacturing
of Medical Devices (iv) Automobiles and Auto Components, (v) Pharmaceuticals Drugs, (vi)
Specialty Steel, (vii) Telecom & Networking Products, (viii) Electronic/Technology Products, (ix)
White Goods (ACs and LEDs), (x) Food Products, (xi) Textile Products: MMF segment and technical
textiles, (xii) High efficiency solar PV modules, (xiii) Advanced Chemistry Cell (ACC) Battery, and
(xiv) Drones and Drone Components.
§ Out of the 733 applications selected under various PLI Schemes, 176 MSMEs are among the PLI
beneficiaries in sectors such as Bulk Drugs, Medical Devices, Pharma, Telecom, White Goods, Food
Processing, Textiles & Drones.
§ Performance Review: The eight sectors where PLI performance is healthy include large-scale
electronics manufacturing, pharma, food processing, telecom, white goods, auto and auto
components. Sectors which are not picking up well include high-efficiency solar PV modules,
advanced chemistry cell (ACC) batteries, textile products and speciality steel.
Extension of PLI Scheme for Automobile and Auto Components
§ Extension until 2027-28
§ Purpose: Geared towards catalyzing the supply chain of Advanced Automotive Technology (AAT)
products, encompassing both vehicles and components.
§ Base Year (BY) for incentives: 2019-20.
§ Conditions for Incentive: Mandates a minimum 50% domestic value addition.
§ Nodal Ministry: Administered by the Ministry of Heavy Industries (MHI).
§ Project Management Agency: IFCI Limited (IFCI), a Public Sector NBFC
§ Government's Vision: The government aspires to enhance the contribution of the automobile
sector to India's GDP, targeting a rise from the current 7.1% to 12%.

FOURTH INDUSTRIAL REVOLUTION:

4th Industrial Revolution or Industry 4.0:

§ Klaus Schwab, founder and executive chairman of the Geneva-based WEF, published a book in
2016 titled “The Fourth Industrial Revolution” and coined the term The Fourth Industrial
Revolution
§ It refers to how technologies like artificial intelligence, autonomous vehicles and the internet of
things are merging with humans’ physical lives. Examples: Voice-activated assistants, facial ID
recognition or digital health-care sensors.
§ C4IR Telangana will be the 19th centre of WEF’s Fourth Industrial Revolution Network (4IR) and
second centre in India. The first C4IR in India was set up in Maharashtra.
§ The proposed centre will also be the world’ s first centre with a focus on health tech and life
sciences and will act as a ‘Life Sciences’ Hot Spot’ in the entire Asia.

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UTTAR POORVA TRANSFORMATIVE INDUSTRIALIZATION SCHEME, 2024

(UNNATI)-2024
§ UNNATI is Central Sector Scheme for the development of industries in the states of North East
Region.
§ The scheme's main objective is to generate gainful employment, which will lead to the area's
overall socio-economic development.
§ DPIIT will implement the scheme in collaboration with the states.
§ The scheme duration is for a period of 10 years from the date of notification.
§ All eligible industrial units will have to commence their production or operation within 4 years
from the grant of registration.

NATIONAL INDUSTRIAL CORRIDOR PROGRAMME (NICP):

§ Nodal Ministry: DPIIT, Ministry of Commerce and Industry.
§ Implementing Agency: National Industrial Corridor Development and Implementation Trust
(NICDIT).
§ The government has approved the development of 11 Industrial Corridors, including Delhi-
Mumbai, Chennai- Bengaluru, and Amritsar- Kolkata, with 32 projects in four phases.

INDUSTRIAL CORRIDORS (ICs)

1. Delhi Mumbai Industrial Corridor (DMIC)
2. Chennai Bengaluru Industrial Corridor (CBIC)
3. Amritsar Kolkata Industrial Corridor (AKIC)
4. East Coast Industrial Corridor (ECIC) with Vizag Chennai Industrial Corridor (VCIC) as
Phase 1
5. Bengaluru Mumbai Industrial Corridor (BMIC)
6. Extension of CBIC to Kochi via Coimbatore
7. Hyderabad Nagpur Industrial Corridor (HNIC)
8. Hyderabad Warangal Industrial Corridor (HWIC)
9. Hyderabad Bengaluru Industrial Corridor (HBIC)
10. Odisha Economic Corridor (OEC)
11. Delhi Nagpur Industrial Corridor (DNIC)

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MICO, SMALL & MEDIUM ENTERPRISES (MSMEs):

CATEGORY INVESTMENT ANNUAL TURNOVER
MICRO Upto Rs 1 crore Upto Rs 5 crore
SMALL RS 1 crore to Rs 10 crore Rs 5 crore to Rs 50 crore
MEDIUM Rs 10 crore to Rs 50 crore Rs 50 crore to Rs 250 crore

1. UDYAM PORTAL-2020: Udyam registration portal is a unified platform for MSMEs to register and
obtain various certifications.
2. Pradhan Mantri Mudra Yojana-2015: It enables a small borrower to borrow from all Public Sector
Banks such as PSU Banks, Regional Rural Banks and Cooperative Banks, Private Sector Banks,
Foreign Banks, Micro Finance Institutions (MFI) and Non Banking Finance Companies (NBFC) for
loans upto Rs 10 lakhs for non-corporate, non-farm small/micro enterprises.
§ Collateral: It provides collateral-free loans upto Rs 10 Lakhs.
§ Credit Guarantee: It is provided by government
§ Repayment period: It varies from bank to bank. For instance, 2 years to 7 years range.
§ Three types of loans under PMMY:
a. Shishu: loans upto 50,000/-
b. Kishor: loans above 50,000/- and upto 5 lakh
c. Tarun: oans above 5 lakh to 10 lakh
3. A Scheme for Promotion of Innovation, Rural Industries & Entrepreneurship (ASPIRE), 2021-22:
Aspire aims to promote entrepreneurship and innovation in MSMEs to create jobs. Aspire has two
components:
a. Livelihood Business Incubator (LBI): LBI is an entity setup for imparting skill development and
incubation programs for entrepreneurship in agro-rural sector with special focus on rural and
underserved areas.
b. Technology Business Incubator (TBI): TBI provides incubation to those businesses which use
high-level technology in their business. (Discontinued)
c. ASPIRE Fund-of-Fund: It is managed by SIDBI. It was created with a focus to invest in early-
stage start-ups in need of support in the areas of innovation, entrepreneurship, developing
forward and backward linkages with multiple value chain of manufacturing & service delivery
in the agro-based sector. The total corpus of SIDBI FoF is INR 310 cr.
4. Credit Linked Capital Subsidy Scheme for technology upgradation (CLSS-TU)-2000: Both
upgradation projects (with or without expansion) and new projects are eligible.
§ 15% subsidy on institutional Credit upto Rs. 1.0 Crore (i.e. subsidy cap of Rs. 15.00 lakh) for
identified sectors/ subsectors/ technologies.
§ 25% subsidy for entrepreneurs belonging to the Women, ST/SC categories or hailing from 117
'aspiration districts' in the North-Eastern and hilly regions
§ Implementation: At present, the Scheme is being implemented by 12 nodal banks/agencies
including SIDBI and NABARD.
5. MSME Champions Scheme- 2021 : There are 3 components under the new MSME Champions
scheme, the details of which are as below:
a. MSME Sustainable (ZED): The ZED Certification aims to create awareness amongst MSMEs
about Zero Defect Zero Effect (ZED) practices.
b. MSME-Competitive (Lean): MSME (Lean) aims to enhance the competitiveness of MSME
Sectors through implementation of Lean Tools and Techniques.
c. MSME-Innovative (for Incubation, IPR, Design and Digital MSME)
6. Raising and Accelerating MSME Performance (RAMP) Scheme-2022: RAMP is a World Bank
supported Central Sector Scheme aimed at improving access of MSMEs to market, finance and
technology upgradation by enhancing the outreach of existing MoMSME schemes. The

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programme also aims at strengthening institutions at the Central and State level, and enhancing
Centre-State collaboration.
o RAMP scheme envisages to benefit more than 5.5 lakh MSMEs during the programme period
(FY 2022-23 to 2026-27).
o The programme implementation will be through the State agencies.
7. SAMADHAAN-The MSME delayed payment portal-2017
§ If an entity receives goods/services from MSMEs, it must settle the dues with MSME within
15 days, or up to 45 days under a mutual agreement. For delayed payments:
a. The the buyer has to pay rate of interest equal to three times (x3) the bank rate as
notified by RBI.
b. The pending payment can't be deducted as expense from the taxable income,
potentially increasing the tax liability of buyer business entity.
8. MSME SAMBANDH Portal-2017: Procurement of goods & services by government departments
is monitored through this portal.
§ 25% of their annual procurement through e-Tendering from MSMEs
§ A sub target of 4% procurement of goods and services from MSEs owned by SC/ ST
entrepreneurs and 3% from MSEs owned by women entrepreneurs.
§ The government has also reserved 358 items for purchase from MSEs exclusively.
§ Government e-Marketplace (GeM) is an online procurement platform : MSMEs, DPIIT
recognised startups and other private companies can register on GeM as sellers and sell
their products and services directly to government entities.
§ GeM Startup Runway is a new initiative launched by GeM to allow startups to reach out to
the universe of government buyers by offering innovative products that are unique in
design, process and functionality.
§ "Womaniya" initiative seeks to showcase products made by women entrepreneurs and
women self-help groups [WSHGs], and spur Women entrepreneurship by aligning them
with opportunities to sell their products to various Government ministries, departments
and institutions.
BIZMAP:
§ The Ministry of MSME and National Small Industries Corporation (NSIC) Venture Capital Fund
Limited (NVCFL) have organized an outreach programme called "BIZAMP" - Amplifying businesses
of North East Region, aimed at empowering MSMEs in the region.
§ The event showcased the efforts of the State and Central government and provided insights on
policies designed for MSMEs' growth.
GRSE Accelerated Innovation Nurturing Scheme (GAINS) 2023)
§ Garden Reach Shipbuilders and Engineers Ltd (GRSE), a Miniratna company, is India’s leading
shipyards under the administrative control of Ministry of Defence.
§ GRSE has launched GRSE Accelerated Innovation Nurturing Scheme (GAINS)-2023, a start-up
challenge aiming to address challenges in the ship design and construction industry while
achieving Atmanirbhar Bharat objectives.
§ GAINS 2023 will focus on artificial intelligence, renewable energy, and energy efficiency
enhancement, leveraging India's vast start-up ecosystem.
§ Each entity will receive a maximum of ₹5 lakh each, based on the committee's recommendations,
after delivering a project report.
SCHEME FOR CAPACITY BUILDING IN THE TEXTILE SECTGOR (SAMARTH)
§ Samarth (2017) is a demand driven and placement-oriented umbrella skilling programme of
Ministry of Textiles.

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§ Implementation: The scheme is implemented through Implementing Partners (IPs) comprising of

116 Textile Industries / Industry Associations, 12 Central / State Government Agencies and 3
Sectoral Organizations of Ministry for undertaking training programmes under Samarth.
§ The scheme was formulated under the broad skilling policy framework adopted by M/o Skill
Development & Entrepreneurship. A total of 184 courses aligned with National Skill Qualification
Framework (NSQF) have been adopted under the scheme across various textile segments covering
traditional sector like Handloom/ Handicrafts to conventional sector like Garmenting to advanced
sector like Technical Textiles.
a. More than 85% of the beneficiaries trained so far under the scheme are women.
b. More than 70% of the beneficiaries trained in organized sector courses has been provided
placement.

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