Key Points
The share of export of micro, small and medium enterprises (MSME) specified products in all India exports was 45.56% in April-September 2023, Parliament was informed Monday.. The share was 43.59% in FY23 and 45.03% in FY22..
Bhanu Pratap Singh Verma, minister of state for MSME also told the Rajya Sabha that the share of MSME manufacturing gross value added (GVA) in all India manufacturing GVA was 40.83% in FY22 from 40.3% in FY21...
As on December 4, 2023, the total number of MSMEs registered since July 1, 2020 are 3.16 crore, as per Udyam Registration Portal..
Under the Prime Ministers Employment Generation Programme (PMEGP) for assisting entrepreneurs across the country in setting up of new units in the non-farm sector, General Category beneficiaries can avail of MM subsidy of 25% of the project cost in rural areas and 15% in urban areas...
For beneficiaries belonging to special categories such as Scheduled Castes, Scheduled Tribes, OBCs, minorities, women, ex-servicemen, physically handicapped, transgenders, beneficiaries belonging to Northeastern region, hill and border areas, and aspirational Districts, the Margin Money subsidy is 35% in rural areas and 25% in urban areas...
You might be interested in
HDFC Bank to open 675 branches in semi-urban, rural areas in FY24
04, May, 23HDFC Bank Ltd. has announced plans to open more than 675 branches in semi-urban and rural locations (SURU) of India in FY24 to expand its presence in these areas
PM Modi to inaugurate 42,000 houses under PMAY in Gujarat on Friday
10, May, 23Around 7,000 beneficiaries, including 4,000 from urban areas and 3,000 from rural areas, are expected to attend the programme in person
From beverages, packed food to medicines: How India’s spending patterns stack up
25, Feb, 24Food’s share in total household spending is now less than half in rural areas for the first time, official survey data showed. On average, a rural person spent ₹3,773 per month, compared to ₹6,459 per month in urban areas.
India’s unemployment rate climbs to four-month high in April
02, May, 23The nationwide joblessness rate rose to 8.11% in April from 7.8% in March, the highest since December. Urban unemployment climbed to 9.81% from 8.51% in the same period while in the rural areas, it fell marginally to 7.34% in April from 7.47% a month ago.