To help MSMEs scale operations and access better resources, the investment and turnover limits for classification have been increased by 2.5 times and 2 times, respectively.<\/span>\nSource: PIB<\/figcaption><\/figure><\/li>\nUdyam Registration Portal: <\/b>\n\nA paperless, free digital portal for formalizing MSMEs, integrated with PAN and Aadhaar.<\/li>\n Provides simplified, online registration giving MSMEs formal recognition, essential for availing benefits across schemes. <\/span><\/li>\nRegistrations<\/strong>\u00a0under the Udyam Registration Portal and Udyam Assist Platform crossed\u00a08.7 Crore as on June 2026.\u00a0<\/strong><\/span><\/li>\nThe expansion of the formal enterprise base improved access to institutional finance, government schemes and market opportunities for millions of micro and small businesses.\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\nEnhanced Credit Availability:<\/b>\n\nPradhan Mantri MUDRA Yojana (PMMY): <\/b>It was launched in April, 2015 for providing loans up to INR 10 lakh to the non-corporate, non-farm small\/micro enterprises. It encompasses 3 financing loans: <\/span>Tarun<\/strong> (loans up to INR 10 Lakhs), <\/span>Kishore<\/strong> (loan up to INR 5 Lakhs), <\/span>Shishu<\/strong> (loan up to INR 50,000).<\/span><\/li>\nCredit Guarantee:<\/b> The credit guarantee cover for micro and small enterprises has been increased from \u20b95 crore to \u20b910 crore, enabling an additional credit infusion of \u20b91.5 lakh crore over five years.<\/span><\/li>\nCredit Cards for Micro Enterprises: <\/b>A customized Credit Card scheme to provide \u20b95 lakh in credit to micro enterprises registered on the Udyam portal.<\/span><\/li>\nCredit Guarantee Trust Fund for Micro and Small Enterprises (CGTMSE)<\/b>: It provides collateral-free credit to the micro and small enterprise sector.<\/span><\/li>\nSpecial Credit Linked Capital Subsidy Scheme (SCLCSS)<\/b>: This scheme was launched to help the enterprises in the services sector meet various technology requirements. It also has a provision to grant 25% capital subsidy for procurement of plant & machinery and service equipment through institutional credit to MSMEs owned by SC\/ST entrepreneurs without any sector specific restrictions on technology upgradation.<\/span><\/li>\nPMEGP (Prime Minister\u2019s Employment Generation Programme):<\/span><\/b> A credit-linked subsidy scheme aimed at creating employment.<\/span> It provides subsidies ranging from 15% to 35% on bank loans for setting up new micro-enterprises (up to \u20b950 lakhs for manufacturing and \u20b920 lakhs for services).<\/span><\/li>\nSelf- Reliant India (SRI) Fund:\u00a0<\/strong>Launched under the Aatmanirbhar Bharat package, the SRI Fund is a Fund of Funds (FoF) initiative aimed at providing\u00a0equity support to promising MSMEs.<\/strong> It is helping them overcome funding constraints, scale operations and attract further investment. The SRI Fund has assisted\u00a0761 MSMEs<\/strong>\u00a0by way of investment worth\u00a0\u20b92,851 crore<\/strong> (as of May 2026).<\/li>\n<\/ul>\n<\/li>\nRaising and Accelerating MSME Performance (RAMP)<\/b>: The scheme aims at strengthening institutions and governance at the Centre and State, improving Centre-State linkages and partnerships and improving access of MSMEs to market and credit, technology upgradation and addressing issues of delayed payments and greening of MSMEs.<\/span>\nSource: PIB<\/figcaption><\/figure><\/li>\nSkill Development:<\/b>\n\nA Scheme for Promotion of Innovation, Rural Industry & Entrepreneurship (ASPIRE)<\/b>: The objectives of this scheme are to create new jobs, promote entrepreneurship culture in the country, and promote innovation in the MSME sector.<\/span><\/li>\nEntrepreneurship and Skill Development Programmes (ESDP)<\/b>: Under this, the Ministry of MSME has been organising several programmes focusing on the process of improving skills and knowledge of entrepreneurs, and enhancing the capacity to develop, manage and organise a business venture.<\/span><\/li>\nPM Vishwakarma Scheme:<\/b> Launched to support traditional artisans and craftspeople (like weavers, blacksmiths, and potters).<\/span> It provides end-to-end support, including skill upgradation, toolkit incentives, collateral-free enterprise development loans, and digital transaction incentives.<\/li>\n<\/ul>\n<\/li>\nScheme of Fund for Regeneration of Traditional Industries (SFURTI)<\/b>: The objectives are to organise traditional industries and artisans into clusters to make them competitive and provide support for their long-term sustainability, enhance marketability of products of such clusters, build innovative products, improve technologies etc. <\/span><\/li>\nEntrepreneurship & Inclusion:<\/b>\n\nStand-Up India:<\/b> Loans of \u20b910 lakh\u20131 crore to support women and SC\/ST entrepreneurs in setting up new businesses.<\/span><\/li>\nFirst-Time Entrepreneurs Scheme:<\/b> Loans up to \u20b92 crore and capacity-building for disadvantaged groups.<\/span><\/li>\nPM Vishwakarma:<\/b> Focuses on enabling traditional artisans and crafts people through training and access to markets, with special financial support.<\/span><\/li>\n<\/ul>\n<\/li>\nTechnology & Quality Upgradation:<\/b>\n\nMSME Sustainable (ZED) Certification Scheme:<\/b> Encourages sustainable and high-quality manufacturing with incentives for adopting energy efficiency and zero-defect practices.<\/span><\/li>\nCredit Linked Capital Subsidy Scheme (CLCSS):<\/b> Supports technology upgradation for MSMEs to make them globally competitive.<\/span><\/li>\nMSME Champions Scheme:<\/span><\/b> An umbrella initiative helping small businesses modernize.<\/span> It includes components like Digital MSME<\/b> (promoting cloud computing and software adoption), Lean Manufacturing<\/b> (reducing waste and increasing productivity), and Design Clinics<\/b> (for product innovation).\n Source: PIB<\/figcaption><\/figure><\/li>\n<\/ul>\n<\/li>\nPublic Procurement Policy:<\/b> The government has mandated that Central Ministries, Departments, and Public Sector Undertakings (PSUs) must procure a minimum of 25%<\/b> of their total annual purchases from MSEs (with specific sub-targets reserved for women and SC\/ST entrepreneurs).<\/span><\/li>\nSAMADHAAN Portal:<\/span><\/b> One of the biggest complaints of MSMEs is large buyers delaying payments.<\/span> The MSME Samadhaan portal allows small entrepreneurs to directly file cases against buyers who delay payments beyond 45 days.<\/span> Buyers are legally liable to pay compound interest at three times the bank rate notified by the RBI if they default.<\/li>\nONDC (Open Network for Digital Commerce):<\/b> A government-backed initiative aimed at breaking the monopoly of massive e-commerce platforms, allowing local micro-retailers and MSMEs equal access to digital consumer markets.\u00a0<\/span><\/li>\n<\/ol>\n
![\"MSMEs\"](\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/06\/ChatGPT-Image-Jun-29-2026-02_05_08-PM.png?resize=750%2C500&ssl=1\")
<\/p>\n![\"MSME\"](\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/09\/Ownership-of-MSMEs.png?resize=750%2C176&ssl=1\")
![\"MSMEs\"](\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-29-133557.png?resize=401%2C197&ssl=1\")
![\"MSMEs\"](\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-29-140700.png?resize=476%2C238&ssl=1\")
![\"MSMEs\"](\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-29-134312.png?resize=601%2C334&ssl=1\")
![\"MSMEs\"](\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-29-134405.png?resize=482%2C269&ssl=1\")
![\"MSME\"](\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/09\/Digitalisation-of-MSMEs.jpeg?resize=750%2C421&ssl=1\")
<\/p>\n