MSME Schemes- Benefits, Factors, Eligibility & Registration Process

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MSME Schemes provides a number of schemes for better employment generation, Credit Support, Business Development, Technology Up-gradation and Quality Certification, Marketing Promotion, Entrepreneurship and skill Development & for Infrastructure Development. To implement these schemes govt. of India has started Different Entrepreneurship and Skill Development Programs, Infrastructure Development Programs, Udyog Aadhaar Online Registration & Grievance Monitoring System under the MSME Schemes.  Today here we will discuss the Micro, Small & Medium Enterprises MSME Schemes Benefits, Factors, and Eligibility & Registration Process so read the complete carefully.

What are Micro, Small & Medium Enterprises?

Micro, Small & Medium Enterprises (MSME) is a central govt. regulated body & it established under the Micro, Small & Medium Enterprises Development (MSMED) Act, 2006.  MSME is classified in two classes i.e., Manufacturing Enterprises & Service Enterprises. Under the MSME govt. has classified Enterprises into three categories according to Investment.  Ministry of Micro, Small & Medium Enterprises MSME Schemes serves a number of opportunities to establish our business.

About MSME Schemes

Scheme Name MSME Schemes
Launched by Central Govt. of India
Ministry Ministry of Micro, Small & Medium Enterprises
Start date to apply Available Now
Beneficiary Micro, Small & Medium enterprises
Benefits To empower Enterprises
Category Central govt. Programme
Official Portal https://msme.gov.in/

MSME Manufacturing Enterprises– these enterprises are engaged with manufacture or production of goods & this work according to Development and regulation Act, 1951. The limit for investment in plant and machinery/equipment for manufacturing are as follows

Type Manufacturing Sector
Enterprises Investment in plant & machinery
Micro Enterprises Does not exceed twenty five lakh rupees
Small Enterprises More than twenty-five lakh rupees but does not exceed five crore rupees
Medium Enterprises More than five crore rupees but does not exceed ten crore rupees

MSME Service Enterprises– these enterprises engaged in providing or rendering of services.  The limit for investment in the plant of service enterprises are as follows

Type Service Sector
Enterprises Investment in equipment
Micro Enterprises Does not exceed ten lakh rupees:
Small Enterprises More than ten lakh rupees but does not exceed two crore rupees
Medium Enterprises More than two crore rupees but does not exceed five crore rupees

 

Objective of MSME Schemes

The main motives of MSME Schemes are to create a better atmosphere for developing Micro, Small & Medium Enterprises in all manners. The central government is regularly working on employment generation, Business Development, Technology Up-gradation and Quality Certification etc. under the MSME Schemes will provide financial support & Guidelines to Grow & Establish new business.

Important Factors of MSME Schemes

  • Facilitation and credit flow to MSMEs
  • Improving the competitiveness of MSMEs
  • Improve manufacturing base through up-gradation of technology
  • Promotion of MSMEs through cluster bases approach
  • Marketing support to MSMEs
  • Skill development and entrepreneurship development training
  • Creation of new Micro Enterprises through Prime Minister’s Employment Generation Program (PMEGP)
  • Growth and development of Khadi and Village Industries (KVI) sector
  • Growth and development of Coir Industry

Benefits MSME Schemes

  • Ministry of Micro, Small & Medium Enterprises Provides Loans up to Rs 1 Crore within 59 Minutes through an online portal.
  • MSME is generating a huge number of employments.
  • It is also working to empower women entrepreneurs.
MSME Schemes- Benefits, Factors, Eligibility & Registration Process

PM Modi Yojana 2020

MSME Schemes 2019 List

Sl. No. Scheme Name
1. Prime Minister Employment Generation Programme and Other Credit Support Schemes
1.1. Prime Minister Employment Generation Programme(PMEGP)
1.2. Performance and Credit Rating Scheme
1.3. Credit Guarantee Trust Fund for Micro & Small Enterprises (CGTMSE)
1.4. Interest Subsidy Eligibility Certificate (ISEC)
2. Development of Khadi, Village and Coir Industries

2.1. Science and Technology Scheme
2.2. Market Promotion & Development Scheme (MPDA)
2.3. Revamped Scheme Of Fund for Regeneration Of Traditional Industries (SFURTI)
2.4. Coir Vikas Yojana (CVY)
2.4.1. Coir Industry Technology Upgradation Scheme (CITUS)
2.4.2. Science and Technology (S&T) for Coir
2.4.3. Skill Upgradation & Mahila Coir Yojana (MCY)
2.4.4. Export Market Promotion (EMP)
2.4.5. Domestic Market Promotion Scheme (DMP)
2.4.6. Trade and Industry Related Functional Support Services (TIRFSS)
2.4.7. Welfare Measures (Pradhan Mantri Suraksha Bima Yojana (PMSBY))
3. Technology Upgradation and Quality Certification
3.1. Financial Support to MSMEs in ZED Certification Scheme
3.2. A Scheme for Promoting Innovation, Rural Industry & Entrepreneurship (ASPIRE)
3.3. National Manufacturing Competitiveness Programme (NMCP)
3.3.1. Credit Linked Capital Subsidy for Technology Upgradation
3.3.2. ISO 9000/ISO 14001 Certification Reimbursement
3.3.3. Marketing Support/Assistance to MSMEs (Bar Code)
3.3.4. Lean Manufacturing Competitiveness for MSMEs
3.3.5. Design Clinic for Design Expertise to MSMEs
3.3.6. Technology and Quality Upgradation Support to MSMEs
3.3.7. Entrepreneurial and Managerial Development of SMEs through Incubators
3.3.8. Enabling Manufacturing Sector to be Competitive through QMS&QTT
3.3.9. Building Awareness on Intellectual Property Rights (IPR)
4. Marketing Promotion Schemes
4.1. International Cooperation
4.2. Marketing Assistance Scheme
4.3. Procurement and Marketing Support Scheme (P&MS)
5. Entrepreneurship and skill Development Programme
5.1. Assistance to Training Institutions (ATI)
6. Infrastructure Development Programme
6.1. Micro & Small Enterprises Cluster Development (MSE-CDP)
7. Scheme of Surveys, Studies and Policy Research
Quick Links
Msme Samadhaan Click Here
Msme Sambandh Click Here
Msme Sampark Click Here
PMEGP E-Portal Click Here
Skill Development Programs Click Here
Infrastructure Development Programs Click Here
Udyog Aadhaar  Registration Click Here
Msme Databank Click Here
Grievance Monitoring System Click Here
Central Govt.  Scheme Click Here

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