SCHEMES FOR PROGRESS OF INDUSTRIES

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....CHEMES FOR PROGRESS OF INDUSTRIES <br>News and Press Release<br>Dated:- 16-3-2022<br><BR>Government of India has continuously been promoting the progress of industries throughout the country through various policy measures/schemes. Government has taken a number of recent initiatives under the Aatma Nirbhar Bharat Abhiyan to mitigate the impact of Covid-19 on industries. Some of the initiatives ar....

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....e: &#8377; 20,000 crore Subordinate Debt for stressed MSMEs, &#8377; 3 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for Businesses, &#8377; 50,000 crore equity infusion through MSME Self-Reliant India Fund, New Revised criteria of classification of MSMEs, New Registration of MSMEs through 'Udyam Registration' for Ease of Doing Business and no global tenders for procurement up to &#837....

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....7; 200 crore for promotion of domestic manufacturing. Besides above, Central Government has also taken following measures to promote industrial development:- announcement of Production Linked Incentive (PLI) Scheme , launch of the PM GatiShaki - a National Master Plan for multi-modal connectivity to reduce logistic cost and create world class infrastructure, implementation of various industrial c....

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....orridor projects to develop greenfield industrial nodes and to facilitate provision of plug and play infrastructure, reducing compliance burden on citizen and business to simplify, decriminalize & remove redundant laws, setting up of Empowered Group of Secretaries (EGoS) and Project Development Cells (PDCs) to monitor investment projects, building a strong eco-system for nurturing innovation and S....

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....tartups in the country with the help of schemes such as Fund of Funds for Startups Scheme (FFS), and Startup India Seed Fund Scheme (SISFS) schemes, launching of GIS-enabled India Industrial Land Bank, Scheme of Fund for Regeneration of Traditional Industries (SFURTI), Scheme for Promoting Innovation, Rural Industry and Entrepreneurship (ASPIRE), Credit Guarantee Scheme (CGTMSE), Micro & Small Ent....

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....erprises - Cluster Development Programme (MSE-CDP), National Scheduled Caste and Scheduled Tribe Hub (NSSH). State Governments also promote industrial development through various initiatives / schemes. This information was given by the Minister of State in the Ministry of Commerce and Industry, Shri Som Parkash, in a written reply in the Lok Sabha today.<BR> News - Press release - PIB....