Contribution of MSME Sector
The Government has recently announced Public Procurement Policy which envisages that 20% of the total procurement to be made by Central Ministries / Departments / PSUs would be from Micro, and Small Enterprises (MSEs).
The Ministry is implementing various schemes / programmes for boosting growth of Micro, Small and Medium Enterprises (MSMEs). The major schemes include Credit Guarantee Scheme, Credit Linked Capital Subsidy Scheme, Performance and Credit Rating Scheme, Cluster Development Programme, National Manufacturing Competitiveness Programme and Prime Minister’s Employment Generation Programme.
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 Lok Sabha today.
The Government has recently announced Public Procurement Policy which envisages that 20% of the total procurement to be made by Central Ministries / Departments / PSUs would be from Micro, and Small Enterprises (MSEs).
The Ministry is implementing various schemes / programmes for boosting growth of Micro, Small and Medium Enterprises (MSMEs). The major schemes include Credit Guarantee Scheme, Credit Linked Capital Subsidy Scheme, Performance and Credit Rating Scheme, Cluster Development Programme, National Manufacturing Competitiveness Programme and Prime Minister’s Employment Generation Programme.
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 Lok Sabha today.
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