{"id":193538,"date":"2022-07-01T20:55:43","date_gmt":"2022-07-01T15:25:43","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=193538"},"modified":"2022-07-01T20:55:43","modified_gmt":"2022-07-01T15:25:43","slug":"pm-participates-in-udyami-bharat-programme","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/pm-participates-in-udyami-bharat-programme\/","title":{"rendered":"PM participates in \u2018Udyami Bharat\u2019 programme"},"content":{"rendered":"\n<h5><b>What is the News?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The Prime Minister has participated in the \u2018Udyami Bharat\u2019 programme.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During this, he launched several initiatives like 1) Raising and Accelerating MSME Performance (RAMP) scheme, 2) Capacity Building of First-Time MSME Exporters(CBFTE) scheme, and 3) new features of the Prime Minister\u2019s Employment Generation Programme (PMEGP) to ramp up the MSME sector.\u00a0<\/span><\/p>\n<h5><b>What is the Raising and Accelerating MSME Performance(RAMP) scheme?<\/b><\/h5>\n<p><a href=\"https:\/\/forumias.com\/blog\/cabinet-approves-usd-808-million-for-raising-and-accelerating-msme-performance\/\"><b>Click Here to read about it<\/b><\/a><\/p>\n<h5><b>What is C<\/b><b>apacity Building of First-Time MSME Exporters(CBFTE) scheme?\u00a0<\/b><\/h5>\n<p><b>Aim:<\/b><span style=\"font-weight: 400;\"> To <\/span><span style=\"font-weight: 400;\">encourage MSMEs to offer products and services of international standards for the global market.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This will enhance the participation of Indian MSMEs in the global value chain and help them realize their export potential.<\/span><\/p>\n<h5><b>What is the Prime<\/b><b> Minister\u2019s Employment Generation Programme (PMEGP)?<\/b><\/h5>\n<p><a href=\"https:\/\/forumias.com\/blog\/meeting-held-to-review-msme-key-schemes-generating-employment\/\"><b>Click Here to read about it<\/b><\/a><\/p>\n<p><b>New Features of PMEGP<\/b><\/p>\n<p><b>Firstly,<\/b><span style=\"font-weight: 400;\"> increase in the maximum project cost to Rs 50 lakhs (from Rs 25 lakhs) for the manufacturing sector and Rs 20 lakhs (from Rs 10 lakhs) in the service sector.<\/span><\/p>\n<p><b>Secondly, the <\/b><span style=\"font-weight: 400;\">inclusion of applicants from Aspirational districts &amp; Transgenders in the Special Category applicants for availing higher subsidies.\u00a0<\/span><\/p>\n<p><b>Thirdly<\/b><span style=\"font-weight: 400;\">, handholding support is being provided to applicants\/entrepreneurs through the engagement of banking, technical &amp; marketing experts.<\/span><\/p>\n<h5><b>What is MSME Idea Hackathon,2022?<\/b><\/h5>\n<p><b>Aim<\/b><span style=\"font-weight: 400;\">: To promote and support the untapped creativity of individuals, promoting the adoption of the latest technologies and innovation among MSMEs. <\/span><\/p>\n<p><b>The selected incubatee ideas<\/b><span style=\"font-weight: 400;\"> will be provided funding support of up to Rs. 15 lakhs per approved idea.<\/span><\/p>\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article <\/span><b>\u201c<\/b><b>PM participates in \u2018Udyami Bharat\u2019 programme<\/b><b>\u201d <\/b><span style=\"font-weight: 400;\">published in <\/span><b>PIB <\/b>on<b> 30th June 2022.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the News? The Prime Minister has participated in the \u2018Udyami Bharat\u2019 programme. During this, he launched several initiatives like 1) Raising and Accelerating MSME Performance (RAMP) scheme, 2) Capacity Building of First-Time MSME Exporters(CBFTE) scheme, and 3) new features of the Prime Minister\u2019s Employment Generation Programme (PMEGP) to ramp up the MSME sector.\u00a0&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/pm-participates-in-udyami-bharat-programme\/\">Continue reading <span class=\"screen-reader-text\">PM participates in \u2018Udyami Bharat\u2019 programme<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,956,9,959],"tags":[3590],"class_list":["post-193538","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-schemes-and-programs","category-public","category-schemes","tag-pib","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704926684},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/193538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=193538"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/193538\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=193538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=193538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=193538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}