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Large Number of Employment Opportunities created in MSME Sector with relatively Less Capital 

As per the 73rd Round of National Sample Survey (NSS), conducted by National Sample Survey Office, Ministry of Statistics & Programme Implementation during the period 2015-16, the estimated number of workers in unincorporated non-agriculture MSMEs in the country engaged in different economic activities excluding the MSMEs registered under (a) Sections 2m(i) and 2m(ii) of the Factories Act, 1948, (b) Companies Act, 1956 and (c) Construction activities falling under Section F of National Industrial Classification (NIC), 2008, are 11.10 crore.

Under the Prime Minister’s Employment Generation Programme (PMEGP,) the estimated employment generated (number of persons) in micro enterprises during the years 2014-15, 2015-16, 2016-17, 2017-18 and 2018-19 are 3.58 lakhs, 3.23 lakhs, 4.08 lakhs, 3.87 lakhs and 5.87 lakhs, respectively.The large number of employment opportunities are created with use of relatively less capital in the MSME sector. Ministry of Micro, Small and Medium Enterprises implements Prime Minister’s Employment Generation Programme (PMEGP), which is a credit-linked subsidy programme aimed at generating self-employment opportunities. The State/UT-wise details of Target set for creation of employment opportunities and estimated employment generated through setting up of new micro-enterprises under PMEGP during last three years are given below:

STATE/UT-WISE   JOB   CREATED   UNDER   PMEGP

(Jobs in No.)

EMPLOYMENT – TARGET SET AND ACHIEVEMENT UNDER PMEGP

DURING LAST THREE YEARS

Sr. No. State/Union Territories 2016-17 2017-18 2018-19

( Provisional)

Target Achievement Target  Achievement Target Achievement
1 Chandigarh UT 800 376 800 360 768 224
2 Delhi 1200 952 800 920 936 1056
3 Haryana 13488 11016 15088 13744 15392 17320
4 Himachal Pradesh 7880 6916 7144 7088 8832 11192
5 Jammu & Kashmir 6168 11691 19088 30024 21128 60232
6 Punjab 8016 9858 15088 12160 15240 14408
7 Rajasthan 14000 13408 19640 12616 25536 18872
8 Chhattisgarh 17976 12856 11264 11704 20920 24752
9 Madhya Pradesh 34112 15520 30352 14432 39448 20208
10 Uttarakhand 4560 9890 8536 12904 9560 17448
11 Uttar Pradesh 51928 36315 52632 43456 61040 41944
12 Arunachal Pradesh 2000 1984 2000 1672 2344 2240
13 Assam 20016 31498 21408 18256 34752 29896
14 Manipur 7288 8419 5736 4800 8576 10328
15 Meghalaya 1144 2632 5680 600 8880 3120
16 Mizoram 2592 3400 3784 1992 7208 8984
17 Nagaland 8336 7783 10912 7440 9344 9664
18 Sikkim 344 201 800 296 656 440
19 Tripura 9072 17961 9136 8928 8584 9432
20 Andaman & Nicobar Islands 800 1398 2000 1744 928 1832
21 Bihar 27640 25872 22616 18456 35864 26424
22 Jharkhand 8664 10400 8280 8888 20432 14376
23 Odisha 28808 20392 19848 19192 25472 24560
24 West Bengal 22720 26604 13904 10928 20440 19304
25 Goa 1488 660 792 400 1992 624.00
26 Gujarat * 29592 11629 39640 15008 39216 28000.00
27 Maharashtra ** 8448 17799 27424 26632 30000 45136
28 Andhra Pradesh 17344 14148 15736 12216 17032 17760
29 Karnataka 31768 30286 21848 16920 23192 29256
30 Kerala 15784 13068 9336 10776 11480 19888
31 Lakshadweep 400 0 400 0 160 0.00
32 Puducherry 1200 699 800 352 536 608
33 Tamilnadu 21168 25764 29040 32760 29240 41480
34 Telangana 8016.00 6445 18448 9520 23920 16408
  GRAND TOTAL 434760 407840 470000 387184 579048 587416
  * Including daman & Diu, ** Including Dadra & Nagar Haveli

 

The Ministry of Micro, Small and Medium Enterprises (MSMEs) implements various schemes to boost MSMEs and job creation in the MSMEs sector, which include Prime Minister’s Employment Generation Programme (PMEGP), Micro and Small Enterprises-Cluster Development Programme (MSE-CDP), Scheme for Promotion of MSMEs in North Eastern Region and Sikkim, Tool Rooms and Technology Centers, Mission Solar Charkha (MSC), Scheme of Fund for Regeneration of Traditional Industries (SFURTI), Procurement and Marketing Support Scheme, Entrepreneurship Skill Development Programme (ESDP), Credit Guarantee Scheme for Micro and Small Enterprises (MSEs) and Credit Linked Capital Subsidy and Technology Upgradation Scheme (CLCS-TUS).

As per the data received from the Reserve Bank of India (RBI), the outstanding credit to Micro, Small and Medium Enterprise (MSME) sector by all Scheduled Commercial Banks during the last three years has increased. The credit flow to MSME sector by all Scheduled Commercial Banks during the last 3 years is given below:

 

Year ended Amount Outstanding (in Rs. Crore)
March 2017 1070129.48
March 2018 1149353.83
March 2019 1497687.10

 

The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) was launched by the Government of India to make available collateral-free credit to the micro and small enterprise sector. The number and amount of Guarantees approved under the CGTMSE during the last 2 years is given below:

 

Year No. of Credit Facilities Approved (in lakhs) Amount of Guarantees Approved

( in Rs. crore)

2017-18 2.63 19065.91
2018-19 4.36 30168.57

 

This has also helped in better credit flow to the micro and small enterprises.This information was given by Shri Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises in written reply to a question in Lok Sabha

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