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Inviting suggestions on Draft National Policy for Micro, Small and Medium Enterprises in India

Inviting suggestions on Draft National Policy for Micro, Small and Medium Enterprises in India
Start Date :
Feb 09, 2022
Last Date :
Mar 31, 2022
23:45 PM IST (GMT +5.30 Hrs)
Submission Closed

The Micro, Small and Medium Enterprises (MSME) is a highly vibrant and dynamic sector of the Indian economy with over 6 Crore units, providing employment to 11 Crore+ people (after ...

The Micro, Small and Medium Enterprises (MSME) is a highly vibrant and dynamic sector of the Indian economy with over 6 Crore units, providing employment to 11 Crore+ people (after Agriculture), having 28% share of GDP and 40% of exports. Like other sectors, MSME also has been adversely affected in terms of productivity during COVD 19. Accordingly, the efficiency and productivity of MSME assume further significance to achieve overall objectives of economic development and a V shape recovery of the Indian Economy.

Draft National Policy for Micro, Small and Medium Enterprises in India is a continuation of various measures taken to date to promote competitiveness, technology upgradation, infrastructure, cluster development, dedicated credit, procurement of products & financial assistance to MSME.

Ministry of Micro, Small and Medium Enterprises invites stakeholders, Industry Associations, MSME units and general public to share suggestions and comments on the Draft Policy. The purpose is to firm up adaptive and inclusive National Policy for Micro, Small and Medium Enterprises.

Click here to read the Draft National Policy for Micro, Small and Medium Enterprises in India

Last date of submitting comments and suggestions on MyGov platform is 31st March 2022.

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Showing 787 Submission(s)
Imran Rizwan Shaikh
Imran Rizwan Shaikh 4 years 6 months ago
Micro, Small and Medium Enterprises (MSMEs) play a major role in economic development, particularly in emerging countries. There is heightened attention by the international community on the MSME sector. This is primarily because of the critical importance of job creation in the recovery cycle following the recent financial crisis, and the MSMEs’ potentials in that respect.
Rutuja Kishor Misal
Rutuja Kishor Misal 4 years 6 months ago
this policy is really very nice for Indian Economy . but one thing I want to talk about that is our Indian farmers just don't need some help by economy but also they need proper education ... After all this is very nice policy 👍
rahulkumar jangde
rahulkumar jangde 4 years 6 months ago
the innovative ideas of school and college students can be transformed into msme units by govt and industry support. school and college level competitions,forums, seminars should be organized on business ideas. this will not just help msme sector but will also enhance the productivity of youth.
SANJAY SARKAR
SANJAY SARKAR 4 years 6 months ago
MSMEs provide employment to around 120 million people in India. 3. MSMEs are responsible for a 45% share of India's total export. 4. MSMEs contribute around 6.11% of the manufacturing GDP and 24.63% of the GDP from service activities.
SANJAY SARKAR
SANJAY SARKAR 4 years 6 months ago
Now MSMEs will be defined on the basis of ‘annual turnover’ instead of investment in plant & machinery/equipment. Now let us know the Old definition of the MSMEs in India;2018
SANJAY SARKAR
SANJAY SARKAR 4 years 6 months ago
The enterprises engaged in providing or rendering of services and are defined in terms of investment in equipment. In the month of February 2018, the Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved a change in the definition of the MSMEs
SANJAY SARKAR
SANJAY SARKAR 4 years 6 months ago
The enterprises engaged in the manufacture or production of goods (as per Development and Regulation) Act, 1951) or employing plant and machinery in the process of value addition to the final product having a distinct name or character or use.
Shubham Manchanda
Shubham Manchanda 4 years 6 months ago
National Policy on micro, small and medium enterprises It is very Important for economy of our country It will create employment for people.
Shashi pratap
Shashi pratap 4 years 6 months ago
हमारे देश मे एक ऐसी POLICY चलाने की जरुरत है ,जिससे गरीब किसान और जनता को सीधा लाभ पहूंचाया जा सके |
Deepali Hingne adv
Deepali Hingne adv 4 years 6 months ago
2start any businesses focus on problems & work 4 reason &r country r developing country so there r lot of problems u will see by sorrounding u even u will face your day2day activities or sometimes it's not related 2u but if u see it grab it work on it each& every 1havings capabilities 2think just modify your नजरिया ‌ work 4society/country automatically will work 4u in r country there r huge Opportunities take Diversity as an Opportunity & problems as opportunity & with help of technology try 2 make quick response on it eg 4formation of any enterprise create qrc code 2filling all necessary documents try 2 bring mode time saving & quick 2move there r variety in r country but appriciate similarities & respect diffirencases your approach 2your vision