The Ministry of Micro, Small and Medium Enterprises has announced various relief measures for several sectors under the Aatma Nirbhar Bharat Abhiyan and has taken a number of initiatives to support the MSME Sector in the country, especially in Covid-19 pandemic situation.
The Ministry has granted Rs 20,000 crore Subordinate Debt for Micro Small & Medium Enterprises(MSMEs) and 3 lakh crores Collateral free Automatic Loans for business and has revised criteria for classification of MSMEs by including Retail and wholesale trades.
The Ministry of MSME implements various schemes and programmes for the growth and development of MSME Sector in the country, including in the State of Haryana. 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).
A Help-Desk & Facilitation Centre has been set up in Directorate General of Trade Remedies, which deals with the trade remedial measures, including anti-dumping measures. This Help Desk & Facilitation Centre is an institutional arrangement to facilitate optimal utilization of available trade remedial measures by different stakeholders.
