Setting up of MSME Units

Press Information Bureau

Government of India

Ministry of Micro,Small & Medium Enterprises

14-March-2016 14:29 IST

The Ministry of MSME is implementing various schemes and programmes for the promotion and development of MSME sector across the country. The major schemes which provide credit linked subsidy to MSMEs include Credit Linked Capital Subsidy Scheme (CLCSS) and Prime Minister’s Employment Generation Programme (PMEGP). Credit Guarantee Scheme provides guarantee cover for collateral free loans upto ₹ 100 lakh. Micro and Small Enterprises-Cluster Development Programme aims at holistic development of Micro and Small Enterprises in clusters through soft interventions, hard interventions (setting up of Common Facility Centres) and infrastructure upgradation.

This information was given by the Minister of State, Micro, Small and Medium Enterprises, Shri Giriraj Singh in a written reply to a question in Lok Sabha here today.

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AKP/ASB