Prime Minister Narendra Modi on Saturday highlighted the government's announcement of the manufacturing mission in the Union Budget, noting that the initiative is aimed at promoting 'Make in India' and providing Indian youth the opportunity to create products that meet global standards.
In terms of exports, MSME products have maintained a substantial share in India's overall export figures. According to data from the Directorate General of Commercial Intelligence and Statistics (DGCIS), the share of MSME-specified products in total Indian exports was 45.03 per cent for the
The scheme will facilitate the provision of financial assistance to micro-entrepreneurs in unavoidable circumstances. For example, in case of death or disability of a micro-entrepreneur, claims of up to Rs 5 lakh can be made under the scheme, Finance Minister Suresh Khanna informed. On parti
The campaign aims at covering around 14 lakh such MSMEs that are not yet registered with the MSME Udyam portal, and providing them all the benefits of the schemes of the state government.