SME Times News Bureau | 22 Sep, 2020
Minister of State for Micro, Small and Medium
Enterprises (MSMEs) Pratap Chandra Sarangi said on
Tuesday said that the ministry is implementing various schemes and programmes
for promotion and development of the sector.
In written reply to a question in Lok Sabha, the
ministersaid that these schemes include the
schemes/programmes such as Prime Minister’s Employment Generation Programme
(PMEGP), Scheme of Fund for Regeneration of Traditional Industries (SFURTI), A
Scheme for Promoting Innovation, Rural Industry and Entrepreneurship (ASPIRE),
Entrepreneurship and Skill Development Programme (ESDP), etc.
He also mentioned about
schemes like Credit Guarantee Fund Scheme for Micro and Small Enterprises,
Credit Linked Capital Subsidy - Technology Up-gradation Scheme (CLCS-TUS),
Micro & Small Enterprises - Cluster Development Programme (MSE-CDP), National
Scheduled Caste and Scheduled Tribe Hub (NSSH), etc.
Bharat, Government recently announced a special economic and comprehensive
package of Rs. 20 Lakh crore for all the sections of the society including
Industries and MSMEs, he said.
Government has taken a
number of initiatives to support the MSME sector in the country which include
the following: Rs 20,000 crore Subordinate Debt for MSMEs; Rs 3 lakh crores
Collateral free Automatic Loans for business, including MSMEs; Rs. 50,000 crore
equity infusion through MSME Fund of Funds; New revised criteria for
classification of MSMEs; New Process of MSME Registration through ‘Udyam
Registration’; and No global tenders for procurement up to Rs. 200 crores,
which will help MSMEs.
The Prime Minister has
launched an online Portal “Champions” on 01.06.2020. The portal covers many
aspects of e-governance including grievance redressal and handholding of MSMEs.
Through the portal, 19,593 grievances have been redressed upto 17.09.2020.
The Government has
notified Public Procurement Policy for Micro and Small Enterprises (MSEs)
Order, 2012 under MSMED Act. Under this policy, 25% of annual procurement by
Central Ministries /Departments/Public Sector Enterprises (CPSEs) has to be
made from Micro & Small enterprises.
This includes 4% from
MSEs owned by SC/STs and 3% from MSEs owned by Women entrepreneurs. 358 items
are reserved for exclusive procurement from MSEs.
The Micro, Small and
Medium Enterprises Development (MSMED) Act, 2006 contains specific provisions
to deal with cases of delayed payments of the Micro and Small Enterprises
(MSEs), the minister informed.
Under the provisions of
the Act, Micro & Small Enterprises Facilitation Councils (MSEFC) have been
set up in the States/UTs. These Councils can be approached by the MSEs for
resolution of delayed payment cases by way of conciliation and/or arbitration.
Ministry of MSME has
launched SAMADHAAN portal to enable Micro & Small Enterprises (MSEs) to
directly register their cases on the portal relating to delayed payments by
Central Ministries / Departments/ CPSEs/ State Government & other buyers,
Ministry of MSME
implements a scheme namely “Building Awareness on Intellectual Property Rights
(IPR)”, to encourage registration of IPR by MSMEs. Under the scheme, financial
assistance is provided to MSMEs on grant of IPR. During the FY 2019-20, Rs.
9.41 crore was released under the scheme, the minister added.