Home / Knowledge / News / New initiatives for the promotion of MSMES
New initiatives for the promotion of MSMES
30
Apr '08
The Central Government supplements the efforts of the States/UTs by providing supportive measures through schemes/initiative to enhance the competitiveness of the Micro, Small and Medium Enterprises (MSMEs) and enable them to grow and generate more and more employment.

The measures include ongoing schemes as well as new schemes under the Package for Promotion of Micro and Small Enterprises announced in Lok Sabha on 27th February 2007.

Some of the new initiatives for the promotion and development of Micro, Small and Medium Enterprises (MSMEs)are:
1. Scheme for financial assistance to select management/business schools and technical institutes to conduct tailor made courses,

2. Scheme for financial assistance to five select universities / colleges to run 1200 entrepreneurial clubs.

3. Rajiv Gandhi Udyami Mitra Yojana to assist potential 1.5 lakh first-generation entrepreneurs in completion of various formalities and tasks necessary for setting up of their enterprises and to facilitate them in completing the required formalities during the course of Eleventh Five Year Plan.

4. Scheme for Prime Minister's Employment Generation Programme (PMEGP) by merger of existing REGP and PMRY Schemes (proposed)

5. Package for developing infrastructure for Khadi Institutions including nursing fund for weak institutions.(proposed)

6. Workshed Scheme for Khadi Artisans

7. Scheme for enhancing productivity and competitiveness of Khadi industries and artisans. (proposed), and

8. Scheme for rejuvenation, modernization and technological upgradation of coir industry.

Moreover, 10-point initiatives under the National Manufacturing Competitiveness Programme (NMCP) have been announced to be implemented during Eleventh Plan period in MSME clusters in the Public Private Partnership (PPP) mode.

This information was given by the Minister of Micro, small & Medium Enterprises, Shri Mahabir Prasad in a written reply to a question in Lok Sabha.

Press Information Bureau Government of India


Must ReadView All

Apparel/Garments | On 29th Jun 2017

Amazon intends to keep investing and growing in India

American online retail giant Amazon intends to keep investing and...

Textiles | On 29th Jun 2017

Vietnam’s textile & garment exports cross $10bn till May

Vietnam earned $10... billion from textile and garment exports in the ...

Textiles | On 29th Jun 2017

Indian textile industry will reach new milestone by 2020

By 2020, textile technologies will be highly advanced not only with...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X