As per the latest available Annual PLFS Reports, the estimated Unemployment Rate (UR) on usual status for persons of age 15 years and above was 4.2%, 4.1% and 3.2% during 2020-21, 2021-22 and 2022-23, respectively. The data indicates that the unemployment rate in the country has a declining trend over …
Read More »Steps Taken to Mitigate the Adverse Effects of Extreme Hot Weather on Workers
Ministry of Labour and Employment issued advisories to States / Union Territories with request to issue necessary directions to employers / industries to take effective steps to mitigate the adverse effects of extreme hot weather on workers through a multi sectoral and multi-dimensional administrative approach. Some of the suggested measures …
Read More »Welfare Of Workers In Unorganized Sector
The Government is implementing the Unorganised Workers Social Security Act (UWSS), 2008, to provide social security to unorganized workers by formulating suitable welfare schemes on the matters relating to: (i) life and disability cover; (ii) health and maternity benefits; (iii) old age protection; and (iv) any other benefit as may …
Read More »Government initiatives to increase Hydrocarbon Production
The government has been taking various steps to increase hydrocarbon production whichinter- alia include: Policy for Relaxations, Extensions and Clarifications under Production Sharing Contract (PSC) regime for early monetization of hydrocarbon discoveries, 2014. ii. Discovered Small Field Policy, 2015. Hydrocarbon Exploration and Licensing Policy (HELP), 2016. Policy for Extension of Production …
Read More »Revised Rate of Central Financial Assistance for Biomass Pellet Manufacturing Units under National Bioenergy Programme
Biomass is available in the form of forestry waste, residue from agricultural operation, processed waste from industry, municipal/urban solid waste. Annual Biomass production in the Country is around 750 MMT, out of which 228 MMT is surplus Biomass. Biomass can be utilized in various forms like production of Heat & Energy, …
Read More »CLIMATE CHANGE AWARENESS AND FINANCING FOR MSMEs
Ministry of Micro, Small and Medium Enterprises has launched two sub-schemes under RAMP Programme namely (i) MSE Green Investment and Financing for Transformation Scheme (MSE GIFT Scheme) and (ii) MSE Scheme for Promotion and Investment in Circular Economy (MSE SPICE Scheme) on 20th December, 2023. The MSE Green Investment and Financing for …
Read More »PRIME MINISTER’S EMPLOYMENT GENERATION PROGRAMME (PMEGP)
Ministry of MSME, through Khadi and Village Industries Commission, is implementing Prime Minister’s Employment Generation Programme (PMEGP) for assisting entrepreneurs in setting up of new micro units in the non-farm sector. It aims to provide employment opportunities to traditional artisans/ rural and urban unemployed youth at their doorstep.The target and achievements under the …
Read More »DIGITAL TRANSFORMATION OF MSMEs
Ministry of MSME has undertaken several initiatives to access modern technology and digital transformation of Micro, Small and Medium Enterprises (MSMEs). These inter-alia, include Udyam Registration,MSME Champions Portal, Government e-Marketplace (GeM), Trade Receivables Discounting System (TReDS), msmemart.com,MSME SAMBANDH for monitoring of procurement by Central Public Sector Enterprises (CPSEs) from Micro and …
Read More »PARTICIPATION OF MSMEs IN DIGITAL COMMERCE WITHOUT PAYING HIGH COMMISSION
Marketing on e-commerce platforms opens a wide market for MSMEs. However, it is associated with significant transaction costs. To help micro and small enterprises market their products through ecommerce platform, and reach wider markets, the Ministry of Micro, Small and Medium Enterprises launched a sub-scheme under RAMP namely “MSME Trade …
Read More »INTERNSHIPS FOR STUDENTS OF VARIOUS TECHNICAL DISCIPLINES WITHIN MSMEs
The Ministry of Micro, Small and Medium Enterprises has a network of Technology Centres(TCs) in various sectors like General Engineering, Electronic System Design and Manufacturing, Automobile, Leather and Footwear, Sports Goods etc. across the country. Some of the TCs have collaboration with academic institutions like Indian Institute of Technology (IITs), …
Read More »