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India’s 91% small and medium enterprises continue to operate-corona damage-: Narayan Rane Information | small industry

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India’s 91% small and medium enterprises continue to operate-corona damage-: Narayan Rane Information | small industry: The Union Minister said that 91 percent of the small, medium and micro enterprises affected by the general freeze announced by the government-19 pandemic are still running. Narayan Rane said.

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Union Minister for Micro, Small and Medium Enterprises in Lok Sabha Narayan Rane The written answer stated:

India’s 91% small and medium

The government has announced several relief measures for various sectors under the Autonomous India Programme. In such a situation, the government has taken various initiatives to support the micro, small and medium enterprises sector, especially in the environment of the COVID-19 pandemic.

supplementary loan

Accordingly, Rs. 20,000 crore as supplementary loan. Free loan of Rs. There is a provision of 3 lakh crores. New bookings are done for Micro, Small and Medium Enterprises through ‘Utyam Booking’ for easy business. Rupee. No international agreement is required for purchases up to Rs 200 crore.

Khadi and Village Industries Commission

The Ministry, through the Khadi and Village Industries Commission, is taking various measures to promote the provision of employment in agriculture and rural industries to people including migrant workers. Accordingly, under the Prime Minister’s Employment Generation Program, Rs. 6209.62 crore has been given.

Support is provided through technical, financial and market experts to maintain the divisions created under this Programme. With a subsidy of 15 to 20%, Rs. Secondary loans up to Rs.1.0 crore are provided. An e-commerce platform has been set up for marketing of Prime Minister’s Employment Generation Program and other Khadi and rural industrial products through internet.

PM Employment Generation Programme (PMEGP)

The general shutdown announced by the government pandemic-19 has affected the micro, small and medium enterprises sector as well as other sectors. The National Small Industries Association and the Khadi and Village Industries Commission conducted the survey to assess the impact of the pandemic on companies in these sectors, including those set up under the Prime Minister’s Employment Generation Programme.

The results show that 91% of companies continue to operate. Cash flow (55% companies), new business (17% companies), labor (9% companies), logistics (12% companies) and raw material inventory (8% of companies) are the 5 major challenges facing micro , Small and Medium Enterprises. Till 25.7.2021, 35,983 complaints have been resolved through the ‘Champions’ website launched by the Prime Minister last year.

India’s 91% small and medium enterprises continue to operate-corona damage-: Narayan Rane Information | small industry

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