Several initiatives taken under Aatma Nirbhar Bharat Abhiyan to mitigate negative impact of Covid-19 » Bhajpa Ki Baat
The Government has taken a number of initiatives under the Aatma Nirbhar Bharat Abhiyan to mitigate the negative impact of Covid-19 on small businesses, including MSMEs, in the country. Some of them are:
• Rs. 20,000 crore Subordinate Debt for stressed MSMEs.
• Rs.3 lakh crores Emergency Credit Line Guarantee Scheme (ECLGS) for Businesses, including MSMEs (which has subsequently been increased to Rs. 5 lakh crore, as announced in Budget 2022-23).
• Rs. 50,000 crore equity infusion through Self Reliant India Fund.New revised criteria of classification of MSMEs.
• New registration of MSMEs through ‘Udyam Registration’ for Ease of Doing Business.
• No global tenders for procurement up to Rs. 200 crores.
Promotion and development of MSMEs is a continuous process. The Government of India, interacts regularly with Stakeholders, Industry Associations, Individual Enterprises, State Government through Seminars, Video Conferencing, Meeting etc., to assess the problems and challenges faced by the MSMEs. The Ministry of MSME implements various schemes and programmes for the promotion and development of MSMEs. These schemes and programmes inter alia include Prime Minister’s Employment Generation programme (PMEGP), Scheme of Fund for Regeneration of Traditional Industries (SFURTI), A Scheme for Promoting Innovation, Rural Industry & Entrepreneurship (ASPIRE), Credit Guarantee Scheme for Micro and Small Enterprises, Micro and Small Enterprises Cluster Development Programme (MSE-CDP), etc.
The Ministry of MSME, in order to help the MSMEs to grow technologically and to enhance their competitiveness, has established new Technology Centres (TCs) and Extension Centres (ECs) across the Country. The Government of India, through its 18 technology centres, conducts various skill development training programmes based on the provision of well structured modular, hands on practically oriented, training for the educated youth and technicians of industries. All courses are regularly updated to keep abreast with global technological advancements.
Accordingly, 76 courses are compliant with National Skill Qualification Frame work (NSQF), Ministry of Skill Development & Entrepreneurship.
This reply was given by the Minister of State for Micro Small and Medium Enterprises, Shri Bhanu Pratap Singh Verma in a written reply in the Rajya Sabha on April 4.
‘Joint Parcel Product’ plans Door-to-Door Delivery by Railways
A ‘Joint Parcel Product’ (JPP) of India Post and Indian Railways is being developed, wherein first-mile and last-mile connectivity will be provided by the Department of Posts, and the intermediate connectivity from station to station shall be done through Railways. The JPP aims to target business-to-business and business-to- customer market by providing complete parcel handling solution, i.e. picking up from the premises of the sender, booking and door-step delivery to the recipient.
The JPP by Indian Railways and India Post has commenced on pilot project basis. The first service of the pilot project has commenced on 31th March, 2022 from Surat to Varanasi. This information was given by the Minister of Railways, Communications and Electronic & Information Technology, Shri Ashwini Vaishnaw in a written reply to a question in Lok Sabha on 6 April.
(News Source -Except for the headline, this story has not been edited by Bhajpa Ki Baat staff and is published from a Bhajpa Ki Baat feed.)