Lok Sabha Question No. 1 (UNSTARRED), answered on 2023-07-20
Subject: Performance of MSMEs
Ministry: MICRO,SMALL AND MEDIUM ENTERPRISES
Asked by: Su Thirunavukkarasar

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

## LOK SABHA UNSTARRED QUESTION No. 1 TO BE ANSWERED ON 20.07.2023

## PERFORMANCE OF MSMEs

1. SHRI THIRUNAVUKKARASAR SU:

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

- (a) whether the performance of about 3/4 of Micro, Small and Medium Enterprises (MSMEs) has either remained stagnant or negative and some of these are on the verge of closure as per the recent survey made in the country;
- (b) if so, the details thereof along with the reasons therefor;
- (c) whether any kind of assistance or any new packages are proposed by the Government to save the industry and to improve their performance; and
- (d) if so, the details thereof and if not, the reasons therefor?

## ANSWER

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

- (a) &  (b): As per the information available on Udyam Registration Portal, since its launch on 01.07.2020,  the  total  investment  and  turnover  of  the  registered  Micro,  Small  and  Medium Enterprises (MSMEs) have shown an increasing trend, as detailed below:
- (c) & (d): The  Ministry  of  Micro,  Small  and  Medium  Enterprises  implements  various schemes  for  the  growth  and  development  of  MSME  sector  in  the  country  in  areas  of  credit support,  formalization,  technological  assistance,  infrastructure  development,  skill  development and training and market assistance to MSMEs which enable them to widen their business. The schemes/programmes  inter  alia  include  Prime  Minister's  Employment  Generation  Programme (PMEGP),  Credit  Guarantee  Scheme  for  Micro  and  Small  Enterprises  (CGTMSE),  Micro  and Small  Enterprises-Cluster  Development  Programme  (MSE-CDP),  A  Scheme  for  Promoting Innovation,  Rural  Industry  &  Entrepreneurship  (ASPIRE),  Entrepreneurship  Skill  Development Programme  (ESDP),  Procurement  and  Marketing  Support  Scheme  (PMS)  and  National  SC/ST Hub (NSSH).

| Year Wise total Investment &total Turnover Under Udyam Registered MSMEs Since Inception to 14.07.2023   | Year Wise total Investment &total Turnover Under Udyam Registered MSMEs Since Inception to 14.07.2023   | Year Wise total Investment &total Turnover Under Udyam Registered MSMEs Since Inception to 14.07.2023   |
|---------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------|
| Year                                                                                                    | Total Investment (In Rs. crore)                                                                         | Total Turnover (In Rs. crore)                                                                           |
| 2020-21                                                                                                 | 404,683.08                                                                                              | 4,787,788.47                                                                                            |
| 2021-22                                                                                                 | 684,670.12                                                                                              | 9,214,009.94                                                                                            |
| 2022-23                                                                                                 | 785,762.89                                                                                              | 11,239,434.45                                                                                           |
| 2023-24 (as on 14.07.2023)                                                                              | 758,938.30                                                                                              | 14,503,951.65                                                                                           |

The  Government  has  taken  a  number  of  recent  initiatives  to  support  MSMEs  in  the country, include:

- (i) Rs. 5 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for business, including MSMEs.
- (ii) Rs. 50,000 crore equity infusion through MSME 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 e-governance including grievance redress and handholding of MSMEs.
- (vii)  Inclusion of Retail and Wholesale trades as MSMEs w.e.f. 02nd July, 2021.
- (viii)  Non-tax  benefits  extended  for  3  years  in  case  of  an  upward  change  in  status  of MSMEs.
- (ix) Roll out of Raising and Accelerating MSME Performance (RAMP) programme with an outlay of Rs. 6,000 crore over 5 years.
- (x) Launch of Udyam Assist Platform (UAP) on 11.01.2023 to bring the Informal Micro Enterprises  (IMEs)  under  the  formal  ambit  for  availing  the  benefit  under  Priority Sector Lending (PSL).

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