TaxTMI 
TaxTMI 
Rural Industries under Make in India
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....ural Industries under Make in India <br>News and Press Release<br>Dated:- 14-3-2016<br><BR>Press Information Bureau Government of India Ministry of Commerce & Industry 14-March-2016 17:31 IST The Government is implementing the following schemes for bringing the rural industries under the ambit of the 'Make in India' programme: (i) Prime Minister's Employment Generation Programme (PME....
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....GP) is a credit linked subsidy scheme, for setting up of new micro-enterprises and to generate employment opportunities in rural as well as urban areas of the country through Khadi & Village Industries Commission (KVIC), State Khadi & Village Industries Board (KVIB) and District Industries Centre (DIC). Since inception and up to January 2016, 3.50 lakh micro enterprises have been set up by utilizi....
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....ng margin money amounting to ₹ 7004.40 crore and 29.82 lakh jobs have been created from these units. (ii) Scheme of Fund for Regeneration of Traditional Industries (SFURTI) was launched in 2005-06 for making Traditional Industries more productive and competitive by organizing the Traditional Industries and artisans into clusters. 26 clusters have been granted final approval with a total pro....
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....ject cost of ₹ 72 crore benefiting around 25000 artisans. (iii) A Scheme for Promoting Innovation, Rural Industry and Entrepreneurship (ASPIRE) was launched on 18.3.2015 to promote Innovation & Rural Entrepreneurship through rural Livelihood Business Incubator (LBI), Technology Business Incubator (TBI) and Fund of Funds for start-up creation in the agro-based industry. During the year 2015-....
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....16, 22 LBIs & 2 TBIs have been approved and two LBI Centres have been operationalized at Deoria (U.P.) and Rajkot (Gujarat). Products of rural industries are already covered under extant laws & rules relating to trade & commerce including consumer protection. Stand Up India scheme is meant to provide composite loans between ₹ 10 lakh to Rs. 100 lakhs for setting up Greenfield enterprises i....
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....n non-farm sector by SC/ST and women entrepreneurs. This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today. ********* RC/nb<BR> News - Press release - PIB....