Contribution of MSME
Based on the data of Gross Domestic Product (GDP) published by Central Statistical Office, Ministry of Statistics and Programme Implementation, the contribution of Micro and Small Enterprises (MSEs) to GDP and total industrial production was estimated to be 8.72% and 44.86% respectively during the year 2008-09. The estimated contribution of Micro, Small and Medium Enterprises (MSMEs) in total exports of the country for the year 2007-08 (latest available), based on data obtained from Export Promotion Councils, was 30.80%.
Enterprise-wise data collected on Micro, Small and Medium Enterprises (MSMEs) during the 4th All India Census of MSMEs: 2006-07 indicate that out of 15.64 lakh registered enterprises, entrepreneurs belonging to Other Backward Classes owned 5.99 lakh enterprises (38.28%) while Scheduled Castes and Scheduled Tribes entrepreneurs owned 1.19 lakh(7.6%) and 0.45 lakh (2.87%) enterprises respectively. The socially backward classes of the society together owned 48.75% of the MSMEs. The women entrepreneurs also owned 2.15 lakh enterprises (13.72%). The above data suggests that the MSME growth is inclusive.
This information was given by the Union Cabinet Minister for Micro, Small and Medium Enterprises, Shri Virbhadra Singh in a written reply to a question in the Rajya Sabha today.
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