Lok Sabha Question No. 1637 (UNSTARRED), answered on 2021-02-11
Subject: Setting up of Enterprises/Start-ups in MSME Sector
Ministry: MICRO,SMALL AND MEDIUM ENTERPRISES
Asked by: Annasaheb Shankar Jolle, Shobha Karandlaje

## GOVERNMENT OF INDIA

## MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES

LOK SABHA UNSTARRED QUESTION NO. 1637 TO BE ANSWERED ON: 11.02.2021

## SETTING UP OF ENTERPRISES/START-UPS IN MSME SECTOR

1637.

SHRI ANNASAHEB SHANKAR JOLLE: KUMARI SHOBHA KARANDLAJE

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

- (a) the  schemes  under  the  Ministry  which  helps  common  people  to  set  up  enterprises using easy credit;
- (b) the details of schemes under the Ministry and the funds allocated and utilized under those schemes during the last three years;
- (c) whether  MSME  Schemes  have  helped  to  increase  the  number  of  start-ups  in  the country and if so, the details thereof;
- (d) the details of different schemes available to launch a start-up/business; and
- (e) the  details  of  employment  generated  through  above  schemes  during  the  last  three years?

## ANSWER

## MINISTER OF MICRO, SMALL AND MEDIUM ENTERPRISES (SHRI NITIN GADKARI)

(a) to (e): Ministry of Micro, Small and Medium Enterprises (MSME) implements Prime Minister's Employment Generation Programme (PMEGP) for providing financial assistance to  set  up  new  enterprises.    PMEGP  is  a  major  credit-linked  subsidy  programme  aimed  at generating self-employment opportunities through establishment of micro-enterprises in the non-farm sector by helping traditional artisans and unemployed youth. Year-wise details of the finance disbursed under the PMEGP of last three year.

| Calendar Years                |   Margin money annual targets (Rs. lakh) |   Margin money subsidy utilized# (Rs. lakh) |   Number of projects assisted |   Estimated employment generated (No. of persons) |
|-------------------------------|------------------------------------------|---------------------------------------------|-------------------------------|---------------------------------------------------|
| FY 2018-19                    |                                   196880 |                                      207001 |                         73427 |                                            587416 |
| FY 2019-20                    |                                   214710 |                                      195082 |                         66653 |                                            533224 |
| FY 2020-21 (As on 31.12.2020) |                                   228949 |                                      100074 |                         31923 |                                            255384 |

# including un-utilized balance funds of previous year.

The Department for Promotion of Industry and Internal Trade (DPIIT), has created a 'Fund of Funds for Start-ups' (FFs) at Small Industries Development Bank of India (SIDBI) with  a  corpus  of  INR  10,000  crore.  As  on  1 st December 2020, investment of Rs.  4509.16 Crore has been made in 384 Start-ups. Year-wise break up of start-ups recognised by DPIIT is as under:

|   Calendar Year |   Recognized Start-ups |
|-----------------|------------------------|
|            2017 |                   5420 |
|            2018 |                   8946 |
|            2019 |                  11683 |
|            2020 |                  14778 |
|            2021 |                   1402 |

The employment generated in start-ups during the last three years as under:

|   Calendar Year |   Employment Generated |
|-----------------|------------------------|
|            2018 |                  96528 |
|            2019 |                 153126 |
|            2020 |                 174315 |

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