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MSME Programs India

The document outlines various government programs in India aimed at supporting micro and small businesses, including the Pradhan Mantri Mudra Yojana, Startup India Scheme, and Stand Up India Scheme. Each program offers unique benefits such as collateral-free loans, tax exemptions, and support for marginalized entrepreneurs. Additionally, initiatives like the MSME Development Act and Atmanirbhar Bharat Abhiyan focus on promoting growth, inclusivity, and self-reliance among small enterprises.

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4 views11 pages

MSME Programs India

The document outlines various government programs in India aimed at supporting micro and small businesses, including the Pradhan Mantri Mudra Yojana, Startup India Scheme, and Stand Up India Scheme. Each program offers unique benefits such as collateral-free loans, tax exemptions, and support for marginalized entrepreneurs. Additionally, initiatives like the MSME Development Act and Atmanirbhar Bharat Abhiyan focus on promoting growth, inclusivity, and self-reliance among small enterprises.

Uploaded by

ashiqashraf73
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Government Programs Supporting

Micro and Small Businesses in India


Name : Ashiq A A
Batch : C
MG:08
Pradhan Mantri Mudra Yojana (PMMY)
Launched in 2015 by Prime Minister Narendra Modi to provide loans up to ₹10 lakh to non-
corporate small businesses.

Benefits:

- Collateral-free loans

- Promotes entrepreneurship

- Supports small traders and startups


Startup India Scheme
Launched in 2016 by Prime Minister Narendra Modi to promote startups and innovation.

Benefits:

- Tax exemptions

- Easy registration

- Funding support
Stand Up India Scheme
Launched in 2016 to support SC/ST and women entrepreneurs.

Benefits:

- Bank loans from ₹10 lakh to ₹1 crore

- Encourages inclusivity

- Supports greenfield enterprises


MSME Development Act
Enacted in 2006 to support MSME growth and development.

Benefits:

- Legal framework for MSMEs

- Protection against delayed payments

- Access to credit
Credit Guarantee Fund Scheme
Launched by Government of India to provide credit guarantees to MSMEs.

Benefits:

- Collateral-free loans

- Reduces risk for lenders

- Improves credit access


Atmanirbhar Bharat Abhiyan
Launched in 2020 by PM Narendra Modi to boost local businesses.

Benefits:

- Financial stimulus packages

- Support for MSMEs

- Encourages self-reliance
Digital MSME Scheme
Launched to promote digitalization among MSMEs.

Benefits:

- Adoption of digital tools

- Improves efficiency

- Enhances competitiveness
Prime Minister Employment Generation Programme (PMEGP)
Launched in 2008 by Ministry of MSME.

Benefits:

- Subsidy on loans

- Promotes rural employment

- Supports new enterprises


SFURTI Scheme
Launched to promote traditional industries.

Benefits:

- Cluster development

- Improves market access

- Enhances income of artisans


ZED Certification Scheme
Launched in 2016 to improve quality and sustainability.

Benefits:

- Quality certification

- Enhances global competitiveness

- Promotes eco-friendly practices

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