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RAISING AND ACCELERATING MSME PERFORMANCE

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RAISING AND ACCELERATING MSME PERFORMANCE

The Ministry of Micro, Small and Medium Enterprises (MoMSME) has taken several measures to enhance Ease of Doing Business for MSMEs which is as under:

Raising and Accelerating MSME Performance (RAMP) was launched by the Hon’ble Prime Minister on 30th June 2022 and implemented by the Ministry of Micro, Small and Medium Enterprises (MoMSME) over the five-year period 2022-23 to 2026-27. The scheme aims to scale up the implementation capacity and coverage of MSMEs with impact enhancement of existing MSME schemes by fostering innovation, encouraging ideation, improving practices and processes, enhancing market access, promoting greening initiatives, scaling up guarantees to women-owned micro and small enterprises, aims at promote Centre-State collaboration by providing grants to States/UTs for preparation of Strategic Investment Plan (SIP). Strategic Investment Plan (SIP) is a roadmap developed by the respective State/UTs for development of the MSME sector in the State and RAMP provides grants to the States/UTs for implementing approved projects in the SIP. Since its launch, twenty-five States/UTs have submitted SIPs and have received grants under RAMP scheme. The status of SIP submission by the States/UTs is given in Annexure – I.

This information was given by the Minister of State for Micro, Small and Medium Enterprises, Sushri Shobha Karandlaje in a written reply in the Lok Sabha today.

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Annexure – I

Details of Fund released to States/UTs under Raising and Accelerating MSME Performance (RAMP) (as on 30.06.2024)

(Rs. in Cr.)

Sl.

No

Name of State/UT

SIP Submitted

(Yes/No)

Details of Fund Released to States/UTs

For SIP Preparation

For Projects Under SIP

Released Amount

Actual Expenditure

Released Amount

Actual Expenditure

1

Andhra Pradesh

Yes

5.00

0.51

42.828

10.167

2

Arunachal Pradesh

No

5.00

NIL

SIP Not submitted

3

Assam

Yes

5.00

1.686

35.864

NIL

4

Bihar

Yes

5.00

1.36

54.296

0.31

5

Chhattisgarh

No

5.00

NIL

SIP Not submitted

6

Goa

Yes

5.00

0.71

24.628

NIL

7

Gujarat

Yes

5.00

0.66

47.06

NIL

8

Haryana

Yes

5.00

2.32

54.068

NIL

9

Himachal Pradesh

Yes

5.00

1.39

43.736

NIL

10

Jharkhand

No

5.00

NIL

SIP Not submitted

11

Karnataka

Yes

5.00

0.88

47.488

NIL

12

Kerala

Yes

5.00

0.93

43.084

NIL

13

Madhya Pradesh

Yes

5.00

0.94

42.144

NIL

14

Maharashtra

Yes

5.00

3.29

75.796

0.53

15

Manipur

No

5.00

NIL

SIP Not submitted

16

Meghalaya

Yes

5.00

2.275

17.9216

0.88

17

Mizoram

Yes

5.00

2.94

14.944

NIL

18

Nagaland

Yes

5.00

1.829

20.808

NIL

19

Odisha

Yes

5.00

2.55

22.936

NIL

20

Punjab

Yes

5.00

0.91

48.14

NIL

21

Rajasthan

Yes

5.00

0.91

45.92

NIL

22

Sikkim

Yes

5.00

0.66

29.896

NIL

23

Tamil Nadu

Yes

5.00

4.72

65.64

NIL

24

Telangana

Yes

5.00

1.87

46.94

NIL

25

Tripura

Yes

5.00

1.16

26.068

1.16

26

Uttar Pradesh

Yes

5.00

3.61

61.452

NIL

27

Uttarakhand

Yes

5.00

4.99

33.22

NIL

28

West Bengal

Yes

5.00

0.58

33.60

NIL

29

Andaman & Nicobar Island

No

5.00

NIL

SIP Not submitted

30

Chandigarh

Yes

5.00

1.12

17.228

NIL

31

Dadra and Nagar Haveli & Daman and Diu

No

5.00

NIL

SIP Not submitted

32

Ladakh

No

5.00

NIL

SIP Not submitted

33

Jammu & Kashmir

No

5.00

NIL

SIP Not submitted

34

Puducherry

No

5.00

0.57

SIP Not submitted

35

Lakshadweep

No

–

NIL

  1. New criteria for classification of MSMEs with higher threshold, based on Investment and Turnover to widen the ambit of the MSME sector.
  2. No global tenders for procurement up to Rs.200 Crores.
  3. “Udyam Registration” for MSMEs, for Ease of Doing Business, launched on 01.07.2020.
  4. Launch of Udyam Assist Platform, on 11.01.2023, for bringing Informal Micro Enterprises in the formal ambit.
  5. Inclusion of Retail and Wholesale traders as MSMEs w.e.f. 02.07.2021 for credit purpose.
  6. Non-tax benefits extended for 3 years in case of an upward change in status of MSMEs.
  7. Launch of SAMADHAAN Portal for filing of grievances and monitoring of outstanding dues to the MSEs from the buyers of goods and services.
  8. Launch of an online Portal “Champions” in June, 2020 to cover many aspects of e-governance including redressing grievances and handholding of MSMEs.

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