Saturday, September 21, 2019

MSME Sector India - Vision 2020 - 2025 - 2030- 2035



Celebrate  August 21 - World Entrepreneurs’ Day

https://smallb.sidbi.in/  -   https://sidbi.in/ - Certified Credit Counsellor Handbook - FAQs for CCCs

http://www.smechamberofindia.com/  - http://www.indiansmechamber.com/

CII - MSME Sector -



22 September 2019  What happened so far? A review needs to be made





2017


#PositiveIndia - Employment Potential of Mudra Finance - Employment to 2 Crore Persons per Annum

•Published on 15 Dec 2017
________________

________________

10 (100 million)  Crore Units - 20 Crore (200 million) Employees - Vision for Micro Units Facilitated by MUDRA Finance Scheme


The last NSSO survey puts the number of micro units at 6 crore (60 mil) and number of employees at 11 crore (110 mil). There is an opportunity to promote one crore (10 million) new firms and provide employment to another one crore (10 million) persons employment through MUDRA finance giving one lakh crore rupees to new firms and giving another one lakh crores to firms with plan to give employment to one more person. This requires two lakh crores as priority Mudra finance and another 1.5 lakh crores can be given to other micro units. Thus the government and Mudra agency can target Rs. 3.5 lakh crore credit under Mudra for the year 2018-19. The target for this year 2017-18 is Rs. 2.44 lakh crores. So providing additonal Rs. 1.06 lakhs crore is within the feasibility tests.

In four years, with the above plan for credit, the employment in micro units can be raised to Rs. 20 crores. The number of units will go up to 10 crore.

Of course many changes are to be brought into micro units promotion and financing based on inputs from users, facilitators, regulating agencies and banks. Research studies from various agencies - academic institutions, NGOs, banks, industry and business associations, and government agencies are needed to identify potential powerful ideas which need to be implemented.


Research on Mudra Finance - Employment Potential 2017

The author of this blog, Prof. K.V.S.S. Narayana Rao is presently involved in a research project on Mudra Finance. The project is based on a survey of MPs,  Bankers and District Industries Centers.

Grant Thornton - FICCI MSME Sector Vision 2020
MSME contributes 8% to India's GDP. Next to Agriculture this is the biggest single biggest grouping.
http://www.ficci.com/spdocument/20143/Grant-Thornton-FICCI%20MSME.pdf

Please give your suggestions and opinions to improve the scheme through comments for improving it.


The Rs 9-lakh crore MSME industry is likely to double in the coming years, and to reach that kind of size and scale, automation will play a big role.
http://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/make-in-india-india-made-robot-tata-brabo-to-be-launched-in-next-2-months/articleshow/51006144.cms



2016

This table probably presents the right picture of MSME in India.

CONTRIBUTION OF MSME SECTOR IN GDP AND OUTPUT
 (at 2004-05 prices)
Year          Gross Value of       Share of MSME sector in total GDP (%)      Share of MSME
                 Output of MSME    Manufacturing   Services           Total               Manufacturing
                 Manufacturing         Sector MSME   Sector MSME                         output in total
                 Sector                                                                                                 Manufacturing
                 (` in crore)                                                                                          Output (%)
2006-07    1198818                    7.73                  27.40                35.13                 42.02
2007-08    1322777                    7.81                  27.60                35.41                 41.98
2008-09    1375589                    7.52                  28.60                36.12                 40.79
2009-10    1488352                    7.45                 28.60                 36.05                 39.63
2010-11    1653622                    7.39                 29.30                 36.69                 38.50
2011-12    1788584                    7.27                 30.70                 37.97                 37.47
2012-13    1809976                    7.04                 30.50                 37.54                 37.33

Source for the table  Table 2.3 Annual Report 2015 - 16 of Ministry of MSME, Government of India
http://msme.gov.in/WriteReadData/DocumentFile/MEME%20ANNUAL%20REPORT%202015-16%20ENG.pdf

http://www.eaindustry.nic.in/industrial_handbook_200809.pdf

MSME census 2007 - http://fisme.org.in/document/FinalReport010711.pdf

2015

The share of Micro, Small & Medium Enterprise (MSME) contribution to GDP will significantly increase from the current 8 percent to 15 percent by 2020, according to a study report by KPMG-CII.
https://assets.kpmg.com/content/dam/kpmg/pdf/2016/03/The-new-wave-Indian-MSME.pdf

The MSME sector contributed 8% to India's GDP  for 2011-12. India has the potential to increase the share of contribution to GDP from its MSME sector from current 8 percent to about 15 percent by the year 2020," it said.

According to study,  employment to the extent of 50 percent of the overall employment representing 300 million jobs across agricultural, manufacturing and services sectors will be provided by MSME.

The GDP growth rate is likely to achieve 8.5 percent level and India is expected to be an approximately USD 5 trillion economy by the year 2025.
http://www.smetimes.in/smetimes/news/top-stories/2014/Oct/28/share-of-msme-in-gdp-may-reach-15-pc-by-2020-study631653.html



Budget
Government of India has announced founding a apex bank to fund MSME sector through indigenous money lenders and small banks. It also announced Credit Guarantee fund for MSME units. Thus it has taken steps to increase bank credit/finance support to MSME sector in India.


Updated 22 September 2019,    20 August 2017 ,  12 April 2017,   30 July 2016,  17 June 2015

17 comments:

  1. Thank you.
    your information is very informative and helpful to me.
    keep sharing.
    udyog aadhar

    ReplyDelete
  2. thank you for share to us this blog which provide the news about msme registration and that list was very helpful to us very informative blog this is really good for gain the knowledge about MSME registration thank you for sharing keep continue to share that type of blog which awares to people like that msme registration

    ReplyDelete
  3. Udyog Aadhar Certificate just in One Day -Get update through mail and messages instantly. Apply just in 2 mins. Easy & Fast Process .Hassle free Services. Apply Now. Self Registration. Hassle Free. National Portal. Get Certificate In 1 Hr. Life Time Validity. udyog-aadhar.in

    ReplyDelete
  4. Thanks for sharing this greate information aboute MSME.
    Get full MSME details and Instant Udyog Aadhaar Registration Service.

    ReplyDelete
  5. Thank you for sharing such a wonderful information.It's very helpful.We are providing the platform for Udyam Registration Certificate MSME Certficate

    ReplyDelete
  6. I love the valuable information you have provided in your blog. Thank you for sharing it with us. We have also unique content related to shopping bag manufacturer, facemask manufacturer, throw type fire extinguisher, Rice exporting company. We are the best digital marketing company in india.

    ReplyDelete
  7. Thanks for sharing a valuable article post.
    MSME registration

    ReplyDelete
  8. Kudos for sharing it. Contact us to MSME Registration Online

    ReplyDelete
  9. Thank you very much.
    Your information is very useful informative and beneficial to me.
    keep sharing.
    Also We are providing the platform for Udyam Registration Certificate, MSME Certficate, Udyam Registration, Udyog Aadhar, Udyam Certificate, and visit to know about Udyam Registration Benefits for MSME.

    ReplyDelete
  10. This is a very informative blog! I came across another blog on Indian MSMEs and Global Trade Do give it a read if it interests you.

    ReplyDelete
  11. Buy Women's Accessories Online at Youth N Yours. Shop the Latest Collection of Accessories for women Like earrings, pendants, hair bands & scrunchies, etc. at the Lowest Price Discounts and FREE SHIPPING.
    Cute Heart Necklace
    women accessories online

    ReplyDelete
  12. It was pleasurable experience by reading your blog I'm glad that I found the blog and it was informative and valuable. If you are in need of Udyam Registration Services then kindly checkout our websites and You can visit some of our blogs.

    Benefits of udyam registration

    Udyam registration portal

    Udyam registration

    Udyog Aadhar Registration

    Udyam registration online

    MSME Registration

    Udyam registration benefits

    MSME Certificate



    ReplyDelete
  13. Your blog's guest posts and expert interviews bring such valuable perspectives to the table. It's like having a roundtable discussion with the best minds in the field. cost of registering a pvt. ltd. company
    Name Change on Digital Identity
    wife have rights to husband's salary
    validity of a company after its registration

    ReplyDelete
  14. MSME registration services in Delhi caters to businesses seeking official recognition under the Micro, Small, and Medium Enterprises Development Act. These services facilitate the registration process through online platforms, ensuring compliance with government regulations and enabling access to various benefits such as subsidies, priority sector lending, and exemptions under certain laws.

    ReplyDelete
  15. Fundamentally, the Udyam Registration Online streamlines the registration procedure, increasing its accessibility and effectiveness for both current and prospective MSME.
    MSME Registration Online
    Udyam Registration Online

    ReplyDelete
  16. Our team of professionals makes sure that the registration procedure is easy and hassle-free, helping you at each stage to ensure honesty and safety. Benefits of Udyam Registration Online include protection against late payments, better credit access, and qualification for various benefits.Visit us for more informatrion.
    Udyam Registration Online
    MSME Registration Portal



    ReplyDelete