What are Micro, Small & Medium Enterprises ?
Revised Classification applicable w.e.f 1st July 2020 |
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Composite Criteria: Investment in Plant & Machinery/equipment and Annual Turnover |
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Classification |
Micro |
Small |
Medium |
Manufacturing Enterprises and Enterprises rendering Services |
Investment in Plant and Machinery or Equipment: |
Investment in Plant and Machinery or Equipment: |
Investment in Plant and Machinery or Equipment: |
UDYOG AADHAR MEMORANDUM (UAM)
Udyog Aadhar is a twelve digit Unique Identification Number provided by the Ministry of Micro, Small and Medium Enterprises, Government of India for Micro, Small and Medium Enterprises in India. It is also known as Aadhar for Business.
MUDRA LOAN
Micro Units Development and Refinance Agency Ltd. [MUDRA] is an NBFC supporting development of micro enterprise sector in the country. MUDRA provides refinance support to Banks / MFIs for lending to micro units having loan requirement upto 10 lakh. MUDRA provides refinance to micro business under the Scheme of Pradhan Mantri MUDRA Yojana.
Unemployed Youth Employment Generation Programme (UYEGP)
The Micro, Small and Medium Enterprises Department of Government of Tamil Nadu has introduced the scheme Unemployed Youth Employment Generation Programme (UYEGP). The key objective of this UYEGP scheme is to diminish the unemployment problems of socially and economically weaker section of the society, particularly among the educated and unemployed to become self-employed by setting up Service, Manufacturing, Business enterprises by availing loan with subsidy assistance from the State Government
Start Up India Scheme
Launched on 16th January, 2016, the Startup India Initiative has rolled out several programs with the objective of supporting entrepreneurs, building a robust startup ecosystem and transforming India into a country of job creators instead of job seekers. These programs are managed by a dedicated Startup India Team, which reports to the Department for Industrial Policy and Promotion (DPIIT).
NIC ACTIVITY CODE FOR UAM
Activities under UAM has been classified with unique code as per NIC 2008.
Pradhan Mantri Employment Generation programme(PMEGP)
PMEGP is a central sector scheme , administered by the Ministry of Micro, Small and Medium Enterprises (MoMSME). The Scheme will be implemented by Khadi and Village Industries Commission (KVIC), a statutory organization under the administrative control of the Ministry of MSME as the single nodal agency at the National level. At the State level, the Scheme will be implemented through State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs) and District Industries Centres (DICs) and banks. The Government subsidy under the Scheme will be routed by KVIC through the identified Banks for eventual distribution to the beneficiaries / entrepreneurs in their Bank accounts.
MSME SAMADHAAN
The Ministry of Micro,Small & Medium Enterprises (MSME) has launched MSME Delayed Payment Portal – MSME Samadhaan for empowering micro and small entrepreneurs across the country to directly register their cases relating to delayed payments by Central Ministries/Departments/CPSEs/State Government
Stand Up India
Stand-Up India Scheme facilitates bank loans between Rs 10 lakh and Rs 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise. This enterprise may be in manufacturing, services or the trading sector. In case of non-individual enterprises at least 51% of the shareholding and controlling stake should be held by either an SC/ST or woman entrepreneur.