Friday, November 25, 2011

Growth of MSME Sector NE States

The growth rate achieved in the North Eastern States in respect of the number of units, employment and production in registered MSME sector is 5.96%, 20.69% and 48.76%, respectively from 2001-02 (the Third Census) to the fourth census (with reference year 2006-07) for which the data was collected till 2009 and the results published in 2011.

Micro and Small Enterprises of North Eastern Region (NER) are encouraged to showcase their products by participating in exhibitions organized anywhere in the country.

The Government programme to understand the nature and problems related to the entrepreneurial growth include all States. However, to promote the Micro, Small and Medium Enterprises (MSME) sector in the North Eastern Region of the country, the Government has stipulated that 10% of the outlay would be earmarked for that region. In addition, there is special dispensation for NER states in schemes such as Credit Guarantee Scheme, Micro and Small Enterprises - Cluster Development Programme, Scheme for National Exhibition and Prime Minister’s Employment Generation Programme.

This information was given by the Union Cabinet Minister for Micro, Small and Medium Enterprises, Shri Virbhadra Singh in a written reply to a question in the Lok Sabha today.

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