This is a program introduced under the honourable prime minister of India Shri Narendra Modi that focuses only on one goal. And it is creating immense job opportunities for youth via MSMEs. The khadi and village industry commission of India/KVIC supervise the scheme at the national level.
Credit guarantee trust fund for micro and small industries
This is a program that guarantees a trust fund for micro and small enterprises. Further, this program comes under the joint establishment of Ministry of MSME, and SIDBI.
Interest subsidy eligibility certificate
This is a scheme that has been introduced with only one motto. And that is the mobilizations of funds from banks. This is executed so that the ministry can fill up a gap between actual fund necessity, and capital available from the budgetary paths.
Scheme-2 Expansion of village khadi, and coir enterprises
Market promotion and development program
This scheme is a compilation of diverse of MSME schemes integrated by the Khadi industries. It also involves promotion, marketing development aid, and publicity.
Restored scheme of fund for the regeneration of traditional industry
This scheme comes intending to enhance the traditional industries that have been ignored. It offers sustained employment, empowers the artisans with equipment that they need, and to improve their market.
Coir Vikas Yojana
Under this program, there are several other schemes introduced. It includes:
• Coir industry up-gradation scheme
• Science and technology for coir
• Export market promoting
• The domestic market promotion scheme
• Skill enhancement and Mahila coir Yojana
• Welfare measures under PMSBY
• Trade and industry-related functional assistance service
Scheme-3: Technology Up-gradation and quality accreditation
Financial aid to MSMEs in ZED certification plan
This program focuses on supporting and promoting the Make in India initiative. Further, it also aims to gain zero defects and zero effect production process in MSMEs.
The program that aims to encourage innovation, rural industry, and entrepreneurship
This program, under the MSME development process, aims to create more and more job opportunities. Further, it also boosts the entrepreneurship culture in India.
That implies more industry and more jobs. This scheme also empowers the economic development of rural areas.
National manufacturing competitiveness program NMCP
• Building awareness on IPR
• Empowering the manufacturing sector to be competitive
• Entrepreneurial and managerial improvement of SMEs via incubators
• Technology and quality enhancement
• Slender manufacturing competitiveness for MSMEs
• Design clinic for designed professionals
• Market assistance
• Credit linked fund subsidy for technology enhancement
Scheme-4: Marketing endorsement scheme
As per this scheme, the delegations of the MSME visit to overseas developed countries to come up with new technologies that can boost the MSMEs. They participate in trade fairs and internal exhibitions to discover new ideas.
Marketing assistance scheme
This program offers aid to several activities, like arranging exhibitions abroad and taking part in international exhibitions.
Marketing support scheme and procurement
This MSME plan aims to empower micro and small industries so that they can develop the domestic market with good products. This plan also promotes new market accessibility and offer market linkages.
Scheme 5: Entrepreneur and Skill development program
Entrepreneur and Skill development program
This scheme aims to come up with new programs to develop an entrepreneurship culture in India. It also helps in nurturing the young talents by constructing their capacity in various fields.
Support for training institute
This scheme focuses on offering funds to several training institutes at the national level. This helps in empowering the infrastructure of training institutes that will support and entrepreneur and skill development.
Scheme-6: Infrastructure and development program
This scheme offers funds for the construction of a common facility centre. These common facility centres would be solely for testing, training, and Randamp;D purposes.
Scheme- 7: a scheme that aids surveys studies and policy research
This is the scheme that supports that aims to bring new surveys and policies that can empower the MSMEs.
Scheme-8: Scheme for SC, and ST
This is a scheme that supports the schedule caste and schedule tribe entrepreneurs and fulfils all their necessities.
Scheme-9: Information, education, and communication
The main objective aim of this scheme is to promote several schemes introduced under the ministry of MSMEs so that the new entrepreneurs can know about all the schemes and access them.
Scheme-10: Program that generates funds for traditional industries
Under this scheme, the traditional industries can enhance their operations in India. This is because; this scheme offers funds for traditionalindustries to promote their market and equip them modern methods to manufacture products.
Scheme-11: A scheme that endorses innovation, rural industries, and entrepreneurship
The primary goals of this scheme are to come up with business innovation centres that can boost the idea of entrepreneurship and create new job opportunities for youths of the nation. Further, it also aims to enhance the rural industries, so that they can eliminate the regional imbalances. And for the entrepreneurs, this program provides funds to come up with startups.