Lok Sabha Informed Regarding the Impact of Aatmanirbhar Bharat Package on MSMEs

The Government has taken a number of initiatives under Aatmanirbhar Bharat Package to support the MSMEs. These include:

1. Rs. 5 lakh crore Collateral Free Automatic Loans under Emergency Credit Line Guarantee Scheme (ECLGS) for business, including MSMEs.
2. Rs. 50,000 crore equity infusion through MSME Self-Reliant India Fund.
3. New revised criteria for classification of MSMEs.
4. No global tenders for procurement up to Rs. 200 crores.
5. “Udyam Registration” for MSMEs, for Ease of Doing Business
6. Launching of an online Portal “Champions” in June, 2020 to cover many aspects of e-governance including grievance redress & handholding of MSMEs.

This information was given by the Minister of State for Micro Small and Medium Enterprises, Shri Bhanu Pratap Singh Verma in a written reply to the Lok Sabha.

The details of the number of MSMEs in handloom, handicraft and agro-based production as identified from NIC Codes and the number of women employed across such enterprises, State wise, are given in Annexure-I.

The number of women employed in handloom, handicraft and agro-based enterprises in Hazaribagh and Ramgarh districts of Jharkhand is at Annexure-II.  The MSMEs who have registered on Udyam Portal in Hazaribagh and Ramgarh districts of Jharkhand and are eligible for receiving benefits available under various schemes of Ministry of MSME as per scheme guidelines.

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Annexure-I

Annexure-II