Lok Sabha Question No. 1224 (UNSTARRED), answered on 2023-02-09
Subject: Revival of MSMEs
Ministry: MICRO,SMALL AND MEDIUM ENTERPRISES
Asked by: Vijayakumar (alias) Vijay Vasanth, C. R. Patil

## GOVERNMENT OF INDIA MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES

## LOK SABHA UNSTARRED QUESTION NO. 1224 TO BE ANSWERED ON 09.02.2023

## REVIVAL OF MSMEs

## 1224.   SHRI VIJAYAKUMAR ALIAS VIJAY VASANTH: SHRI C.R.PATIL:

Will the  Minister  of  MICRO,  SMALL  AND  MEDIUM  ENTERPRISES  be  pleased  to  state:

- (a) whether  the  Government  is  aware  of  the  fact  that  many  of  the  Micro,  Small  and  Medium Enterprises (MSMEs) in the country have closed their units due to various reasons;
- (b) if so, the details thereof and the steps taken by the Government to restore/revive these units and improve their status;
- (c) whether the Government has provided any financial assistance for the revival of MSMEs in the country, particularly in Tamil Nadu and Gujarat and if so, the details thereof and the funds allocated for the purpose during the last three years; and
- (d) the  measures taken or proposed to be taken by  the Government to protect the interests of both employer and employees of MSME sector?

## ANSWER

## MINISTER OF STATE FOR MICRO, SMALL AND MEDIUM ENTERPRISES (SHRI BHANU PRATAP SINGH VERMA)

(a): A study conducted by SIDBI from September, 2021 to January, 2022, comprising 1,029 Micro, Small and Medium Enterprises (MSMEs) spread across 20 States and 2 UTs revealed that 67% of the respondent MSMEs were temporarily closed up to a period of three months.

(b)&(c): The Government has taken a number of initiatives and has provided financial assistance to support MSMEs in the country, including the States of Tamil Nadu and Gujarat. Some of these include:

- i. Rs. 5 lakh crore Emergency Credit Line Guarantee Scheme for business, including MSMEs.
- ii. Rs. 50,000 crore equity infusion through Self Reliant India Fund.
- iii. New revised criteria for classification of MSMEs.
- iv. No global tenders for procurement up to Rs. 200 crores.
- v. 'Udyam Registration' for MSMEs, for Ease of Doing Business
- vi. Launching  of  an  online  Portal  'Champions'  in  June,  2020  to  cover  many  aspects  of  egovernance including redressing grievances and handholding of MSMEs.
- vii. Inclusion of Retail and Wholesale traders as MSMEs  as well as street vendors for availing the Priority Sector Lending.
- viii. Non-tax benefits extended for 3 years in case of an upward change in status of MSMEs.
- ix. Launch of Udyam Assist Platform (UAP) on 11.01.2023 to bring Informal Micro Enterprises (IMEs) under the formal ambit for availing the benefit under Priority Sector Lending (PSL).

(d):      On  Udyam  Registration  portal,  which  was  launched  on  1.7.2020,  1.39  crore  MSMEs  with  an employment of more than 10 crore have registered, which shows that the number of persons employed per enterprise stands at 7.2 persons /enterprise.

Budget 2022 announced the integration of Udyam, e-shram, National Career Service (NCS) and Aatmanirbhar Skilled Employee-Employer Mapping portals for the purpose of credit facilitation, skilling and recruitment. Since the integration of Udyam and NCS on 14.9.2022, more than 6 lakh MSMEs have accessed the NCS portal.

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