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Status of MSMEs and SMEs

The COVID-19 epidemic has temporarily affected various sectors including Micro, Small and Medium Enterprises in the country. Economic activity contracted due to the strict lockdown measures imposed by the Government. This contraction has also had impact on the MSME sector.

The Ministry of MSME implements various schemes and programmes for growth and development of MSME Sector in the country. These schemes and programmes include Prime Minister’s Employment Generation Programme (PMEGP), Scheme of Fund for Regeneration of Traditional Industries (SFURTI), A Scheme for Promoting Innovation, Rural Industry & Entrepreneurship (ASPIRE), Interest Subvention Scheme for Incremental Credit to MSMEs, Credit Guarantee Scheme for Micro and Small Enterprises, Micro and Small Enterprises Cluster Development Programme (MSE-CDP), Credit Linked Capital Subsidy and Technology Upgradation Scheme (CLCS-TUS). Achievements under some of them are:

 

  1. Achievements regarding Credit Guarantee Scheme during 2019-20 to 2021-22

 

Financial Year

No. of Credit Facilities Approved

Amount of Guarantees   Approved

(Rs in crore)

2019-20

8,46,650

45,851.22

2020-21

8,36,065

36,954.72

2021-22*

2,44,300

13,315.95

*Till June 2021                                                                                           Source: CGTMSE

 

  1. The performance of the PMEGP during the last three years are:

 

Year

Margin Money Disbursed (Rs. Crore)

Micro units assisted (Number)

Estimated Employment Generated (Number)

2018-19

2070

73,427

5,87,416

2019-20

1950.82

66,653

5,33,224

2020-21

2188.80

74,415

5,95,320

2021-22

453.77*

14,820

1,18,560*

*upto 30.06.2021                                                                                                   Source: KVIC

  1. A brief performance of Emergency Credit Guarantee Line Scheme (ECLGS) as on 02.07.2021 is as under:

 

Type of Borrower

Guarantee

(In nos.)

Guarantees Issued

(Amt. In crore)

Micro Enterprises

1,01,92,105

63,524.57

Small Enterprises

4,64,086

63,243.36

Medium Enterprises

2,58,970

39,097.63

Other Business Enterprises

5,16,680

82,906.96

TOTAL

1,14,31,841

2,48,772.52

Source: NCGTC

  1. No. of Projects approved under Infrastructure Development (ID) and Common Facility Centres (CFC) under Cluster Development Programme:

 

Year

Projects Approved

Projects completed

Common Facility Centres (CFC) – Final Approval

Infrastructure Development Centres (ID) – Final Approval

Total (Final Approval)

Common Facility Centres (CFC)

Infrastructure Development Centres (ID)

Total

2020-21

26

42

68

8

12

20

2021-22

6

1

7

1

1

2

Total

32

43

75

9

13

22

  1. An online Portal “Champions” has been launched on 01.06.2020 by Prime Minister. This covers many aspects of e-governance including grievance redressal and handholding of MSMEs. Through the portal, total 36,373 grievances have been redressed upto 01.08.2021.

 

This information was given by Union Minister for Micro, Small and Medium Enterprises,  Narayan Rane in a written reply in Rajya Sabha today.