NSIC implements various schemes that greatly benefit MSMEs & entrepreneurs in Andhra Pradesh

NSIC implements various schemes that greatly benefit MSMEs & entrepreneurs in Andhra Pradesh

The National Small Industries Corporation Limited (NSIC), a public sector enterprise under the Ministry of Micro, Small and Medium Enterprises (MSME) provides integrated support for promotion and development of MSMEs across the country including Konaseema district of Andhra Pradesh through its various schemes. These schemes inter-alia include Raw Material Assistance, Raw Material Distribution, Marketing Support, credit facilitation, ICT digital services, skill development and entrepreneurship development, etc. NSIC Branch offices located at Vijayawada and Vishakhapatnam cater the needs of MSMEs of Konaseema district.

The number of MSMEs/entrepreneurs assisted and benefited under various schemes of NSIC in Andhra Pradesh during the last three years and current year are as under:

Years

Single Point Registration Scheme

Global MSME Mart -B2B

Raw Material Assistance Scheme

Raw Material Distribut- ion scheme

Bank Tie-up Scheme

Bill Discounting Scheme

2022-23

186

72

83

4

2

–

2023-24

159

102

81

6

2

1

2024-25

144

96

82

2

2

1

2025-26

(up to 28^th Feb. 2026)

117

191

78

6

7

1

Scheme-wise fund sanctioned under NSIC initiatives in the State of Andhra Pradesh during the last three years and current year are as under:

                                                                                                                              (Rs. in lakh)

Years

Raw Material Assistance Scheme

Raw Material Distribution scheme

Bank Tie-up Scheme

Bill Discounting Scheme

2022-23

26143.34

364.00

38.75

–

2023-24

22334.37

435.73

330.00

400.00

2024-25

23159.96

477.86

51.00

283.13

2025-26

(up to 28^th Feb. 2026)

28244.08

363.98

416.00

627.15

Details   of entrepreneurship and skill development programmes conducted by NSIC Technical Service Centre, Hyderabad in Andhra Pradesh during the last three years and current year (upto 28^th February 2026) are as under:

Year

Number of programmes

Number of candidates

2022-23

01

20

2023-24

01

100

2024-25

02

479

2025-26

(upto 28 Feb. 2026)

09

1161

NSIC implements the National SC-ST Hub (NSSH) Scheme of Government of India to promote entrepreneurship amongst the SCs/STs and to facilitate fulfilment of the mandated 4% procurement from SC/ST owned Micro and Small Enterprises (MSEs) under the Public Procurement Policy for MSEs. Several initiatives have been taken up, such as subsidy upto Rs. 25 lakh through Special Credit Linked Capital Subsidy on institutional finance for procurement of plant & machinery and equipment; skilling and capacity building program; market linkage through Special Market Assistance Scheme; and to enhance competitiveness, reimbursement of testing fees, membership fee of Export Promotion Councils and Government promoted e-commerce portals, etc. 1446 SC/ST entrepreneurs from the State of Andhra Pradesh  have availed the benefit under the Scheme during the last three years and current year.

NSIC has entered into MoU with Steel Authority of India Ltd. (SAIL), Rashtriya Ispat Nigam Limited (RINL), BITARA Private Ltd., Shree Cement, Sri Kanya Steel Corporation for supply of raw materials to MSMEs in Andhra Pradesh for commercial activities.

Several steps have been taken by NSIC to expand its reach and effectiveness of its services in Andhra Pradesh including Konaseema district which inter-alia include:

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

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