MSME Ministry is Implementing International MSME Scheme to Promote MSME Led Exports

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

To encourage international cooperation between various countries and the MSMEs in the country, Ministry of Micro, Small and Medium Enterprises(MSME) is implementing International Cooperation Scheme, a Central Sector Scheme. The scheme is in operation since its inception in 1996. The Scheme facilitates Indian MSMEs for their participation in international exhibitions, trade fairs, buyer-seller meet and for holding international conferences and seminars which are in the interest of MSME sectors.  The purpose of this scheme is enhancing the competency of MSMEs, capturing new markets for their products, exploring & enhancing exports, exploring new technologies for increasing manufacturing capacity, generation of employment etc. As per scheme guidelines, financial assistance is provided on a reimbursement basis to the State/Central Government organizations, industries/enterprises Associations and registered societies/trusts and organizations associated with promotion and development of MSME sector. The details of expenditure incurred and no. of MSMEs assisted under the scheme during last 3 years are as under:-

Year Expenditure

(Rs. in crore)

No. of MSME benefited No of events supported
2018-19 4.80 590 46
2019-20 6.90 586 52
2020-21 1.80 102 15

The total registrations under ZED Scheme: 23948 MSMEs. Out of 23,948 registrations, the following are the status of MSMEs undergone ZED model:

Site Assessment carried out: 503 MSMEs

  • Bronze certified: 131 MSMEs
  • Silver certified: 132 MSMEs
  • Gold certified: 62 MSMEs
  • Diamond certified: 04 MSMEs
  • No rating: 174 MSMEs

In regard to Gap Analysis, Handholding, Consultancy, etc., component under the scheme was not initiated during FY 2016-17 & 2017-18 under the erstwhile ZED Scheme. Further, the erstwhile ZED Scheme has been renamed as “MSME Sustainable (ZED)”, and its guidelines is under approval stage.

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.

MSME Bhanu Pratap Singh Verma International MSME Scheme