Greater than two lakh Micro, Small and Medium Enterprises (MSMEs) have been began within the State underneath the Industries division’s entrepreneurship 12 months initiative with a complete funding of ₹12,537 crore and creating 4.3 lakh jobs, Industries Minister P .Rajeeve has mentioned.
Addressing a press convention right here on Friday, Mr. Rajeeve mentioned as on December 29, a complete of two,01,518 MSMEs had been launched underneath the marketing campaign, which was launched on April 1, 2022.
As many as 64,127 of the MSMEs had been began by ladies, whereas 8,752 of the entrepreneurs belonged to SC/ST classes. About 98% of the institutions had been geo-tagged and the main points uploaded on-line for transparency. Presently, geo-tagging was being carried out as a part of the registration course of.
To supply the mandatory help to entrepreneurs, 1,034 educated professionals had been appointed in native our bodies throughout the State. MSME clinics had been additionally being organised to handle their points. A helpdesk was being organised month-to-month by an organisation of chartered accountants to assist them in submitting GST returns.
Mr. Rajeeve mentioned nearly all of the MSMEs within the State weren’t insured, thus pushing the entrepreneurs into disaster after pure calamities. Now, the federal government had launched a complete insurance coverage scheme to guard them from varied dangers. The Division of Industries and Commerce had signed a memorandum of understanding (MoU) with 4 public sector insurance coverage firms for this function.
He mentioned about 15% of the MSMEs had been dealing with closure within the first 12 months, in opposition to a nationwide common of 30%. Nevertheless, by means of proactive steps initiated by the division, 303 of the MSMEs which closed down had now reopened.