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Home / Knowledge / News / Textiles / Contribution of SSI sector in global market

Contribution of SSI sector in global market

19
Mar '08

A growth rate of 12% has been envisaged for the MSE sector during the Eleventh Five Year Plan (2007-12). This has been stated by Shri Mahabir Prasad, Minister for Micro, Small & Medium Enterprises in a written reply in Lok Sabha.

He said the Government implements various schemes and programmes to enable micro and small enterprises (MSE, formerly known as SSI) to enable them to compete in the global market and strengthen their export competitiveness.

Such programmes and schemes, inter alia include assistance for participation in international exhibitions/fairs, reimbursement for obtaining bar-code certification, etc. under its Market Development Assistance (MDA) Scheme.

In addition, other support measures such as organising training programmes on packaging for exports, assistance for technology upgradation under Credit Linked Capital Subsidy Scheme (CLCSS), incentives for obtaining ISO/9000-14001, etc. are included to promote export competitiveness of the MSE sector.

During the year 2005-06, Indian MSE sector accounted for approximately 33% of the total exports from the country.

Press Information Bureau Government of India

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