Ministry of Micro

With the objective of promoting the growth and development of MSMEs by improving their market access and linkages and providing an assured market, the Ministry of MSME notified the implementation of the Public Procurement Policy for Micro…

The Government has taken a number of steps to facilitate the loans for the Micro, Small and Medium Enterprises and ease the procedure involved in getting the loans. Some of these steps are as follows: Credit Guarantee Scheme for Micro…

Ministry of MSME, through Khadi and Village Industries Commission (KVIC), is implementing Prime Minister’s Employment Generation Programme (PMEGP). Objectives of PMEGP are to generate employment opportunities in rural as well as urban…

The Government has taken a number of steps to facilitate easy access to credit for the MSME sector in the country, through various schemes, programmes and policy initiatives. Some of the schemes implemented are as follows: i.        To…

The PM Vishwakarma Yojana was launched by the Hon'ble Prime Minister on 17.09.2023. The Scheme aims to provide end-to-end support to artisans and craftspeople who work with their hands and tools. The Scheme components include recognition…

From 2nd July 2021, the Retail and Wholesale traders have been included as MSME for availing the benefit of Priority Sector Lending (PSL) in the country, including the State of Bihar. These loans are extended by various banks and as per the…

From 2ndJuly, 2021, the Government had included Retail and Wholesale Trades as MSMEs. They are allowed to register on Udyam Registration Portal to avail the benefits of Priority Sector Lending. As on 30.7.2024, 2,19,38,707 Traders are…

Government has taken a number of steps for the development of MSME sector. They are as given below: New criteria for classification of MSMEs with higher threshold, based on Investment and Turnover, to widen the ambit of the MSME…

Government implements various schemes to promote MSME sector. These include Prime Minister Employment Generation Programme (PMEGP), Procurement and Marketing Support (PMS) scheme, Credit Guarantee Scheme for Micro and Small Enterprises…

Government has recently taken a number of steps to support the MSME sector in the country and create an enabling positive environment: New criteria for classification of MSMEs with higher threshold, based on Investment and Turnover, to…