MSME Minister Bhanu Pratap Singh Verma Informed Lok Sabha on Manufacturing Output of MSMEs

The Minister of State for MSME informed Lok Sabha about the MSMEs' performance data as per Udyam Registration Portal.

author-image
SMEStreet Edit Desk
New Update
Bhanu Pratap Singh Verma

Micro, Small and Medium Enterprises (MSMEs) play an important role in the manufacturing sector of the country.

Brief 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. As per information received from the Ministry of Statistics & Programme Implementation, the Share of MSME Manufacturing Output in All India Manufacturing Output was as follows:

Year Share of MSME Mfg. O/P in All India Mfg. O/P (in %)
2016-17 37.09%
2017-18 37.38%
2018-19 36.86%
2019-20 36.68%
2020-21 35.98%

As per Udyog Aadhar Portal, the number of enterprises which were registered and afterwards withdrawn their registration (as on 15.07.2022) with specified reasons is as follows:

Reasons 2017-18 2018-19 2019-20 2020-21
(Till 30/06/2020)
Total
No Further Required 0 0 157 94 251
Shut down 0 0 245 155 400
Duplicate 0 0 96 69 165
Owner Change 0 0 100 58 158
Other 0 0 314 182 496
Total 0 0 912 558 1470

As per Udyam Registration Portal, the number of enterprises which were registered and afterwards withdrawn their registration (as on 15.07.2022) with specified reasons is as follows:

Reasons 2020-21
(From 01/07/2020)
2021-22 2022-23* Total
No Further Required 170 3733 1607 5510
Shut down 175 6222 2744 9141
Duplicate 67 942 333 1342
Owner Change 60 2713 1138 3911
Other 459 10465 4673 15597
Total 931 24075 10495 35501

     *as on 15.07.2022

 

MSMEs MSME Manufacturing MSME Ministry manufacturing MSMEs Bhanu Pratap Singh Verma Top News