1.Micro Units Development and Refinance Agency (MUDRA) Bank

Objectives –

• This Bank would be responsible for regulating and refinancing all Micro-finance Institutions (MFI) which are in the business of lending to micro/small business entities engaged in manufacturing, trading and services activities.
• The Bank would partner with state level/regional level co-ordinators to provide finance to Last Mile Financer of small/micro business enterprises.1. The government proposes to set up MUDRA Bank through a statutory enactment
• Nodal Ministry – Ministry of Finance

2.Credit Guarantee Scheme

Objectives –

• CGTMSE was set up to strengthen credit delivery system and facilitate flow of credit to the MSE sector.
• The Credit Guarantee under CGTMSE seeks to reassure the lender that, in the event of a MSE unit, which availed collateral free credit facilities, fails to discharge its liabilities to the lender; the CGMSE would make good the loss incurred by the lender up to 85 per cent of the credit facility.
• Nodal Ministry – Ministry of MSME

3.Udyami Mitra Portal

Objectives –

• Small Industries Development Bank of India (SIDBI) has launched the ‘Udyami Mitra’ Portal (www.udyamimitra.in) to improve the accessibility of credit and handholding services to Micro, Small and Medium Enterprises (MSMEs)
• Scheduled Commercial Banks (SCBs) have been advised to ensure a target of 7.5% of Adjusted Net Bank Credit (ANBC) for Micro Enterprises
• Collateral security is not required for loans up to Rs. 10 lakh to MSE sector, which has simplified working capital requirement for MSEs.
• Under the portal entrepreneurs can apply for loan without physically visiting bank branches. It also has facility for uploading all necessary documents.
• Through the portal the MSMEs can seek handholding support for getting finance. They can also select and apply for preferred banks.
• Through the portal, the MSMEs can select from over 1 lakh bank branches, track their application status and avail multiple loan benefits
• Nodal Ministry – Ministry of MSME

4.ASPIRE Fund

Objectives –

• The Ministry of Micro, Small & Medium Enterprises has launched a new scheme namely, ASPIRE (A Scheme for Promoting Innovation, Rural Industry and Entrepreneurship) on 18.3.2015 to accelerate entrepreneurship and to promote start-ups for innovation and entrepreneurship in agro-industry. Under ASPIRE, 80 Livelihood Business Incubation (LBI) centres are to be set up in which a total of 104000 incubates will be trained and 30 (10 new & 20 existing) Technology Business Incubation (TBI) centres.
• Nodal Ministry –Ministry of MSME

5.PMEGP

Objectives –

• Aimed at generating self-employment opportunities through establishment of micro-enterprises in the non-farm sector by helping traditional artisans and unemployed youth.
• General category beneficiaries can avail of margin money subsidy of 25 % of the project cost in rural areas and 15% in urban areas.
• For beneficiaries belonging to special categories such as Scheduled Caste/Scheduled Tribe/OBC /Minorities/Women, Ex-serviceman, Physically Handicapped, NER, Hill and Border areas etc. the margin money subsidy is 35% in rural areas and 25% in urban areas.
• Any individual above 18 years of age is eligible. For setting up of projects costing above Rs.10 lakh in the manufacturing sector and above Rs. 5 lakh in the business /service sector, the beneficiaries should possess at least VIII standard pass educational qualification.
• The maximum cost of projects is Rs. 25 lakh in the manufacturing sector and Rs. 10 lakh in the service sector. Benefit can be availed under PMEGP for setting up of new units only.
• Subsidy under PMEGP Scheme is provided by the Union Government.

• Khadi and Village Industries Commission (KVIC) is the nodal agency at the national level. At the State/District level, State offices of KVIC, KVIBs and District Industry Centres(DIC) are the implementing agencies in the States in the ratio of 30:30:40.
• Nodal Ministry –Ministry of MSME

6.Scheme for Capacity Building in Textile Sector

Objectives –

• The scheme intended to provide placement oriented skilling programme, for organised sector and enhance livelihood opportunity by skill-upgradation for traditional sector-It will cover entire value chain of textile excluding Spinning & Weaving in organized Sector.
• The Scheme will have a span of three year i.e. 2017-2020 with an outlay of ₹ 1300 Cr.
• It will be implemented through textile industry and recognised public and private training institutes of textile sector.
• The scheme will have National Skill Qualification Framework (NSQF) training courses.
• Nodal Ministry –Ministry of Textiles

7.North East Region Textile Promotion Scheme (NERTPS)

Objectives –

• The broad objective of the North East Textile Promotion Scheme is to develop and modernise the textile sector in the North East Region by providing the required Government support in terms of raw material, seed banks, machinery, common facility centres, skill development, design and marketing support etc.-The scheme was launched by the Union Textile Ministry. Under this intervention, each state now has one centre with three units having approximately 100 machines each.
• The project is fully funded by the Ministry with an estimated cost of Rs. 18.18 crores for one Apparel Center in each state.
• The central assistance is towards construction of physical infrastructure, machinery for the units and towards capacity building of workers for a period of 3 years.
• Nodal Ministry –Ministry of textiles

8.Integrated Skill Development Scheme (ISDS) in textiles

Objectives –

• To provide specific skills as per the requirement of Apparel and other Segments of Textile Industry.
• Placement of trained person in the related occupations.
• IMPLEMENTATION THROUGH –
• Institutions / Textile Research Associations under Ministry of Textiles – 5 Lakh trainees
• State Government Agencies – 5 Lakh trainees
• Private bodies in Public Private Partnership (PPP) – 5 Lakh trainees SCALE OF ASSISTANCE
• 75% of the cost subject to the ceiling of Rs. 10,000/- per person. Balance 25% to be mobilized by the Implementing Agency.

9.Credit Linked Capital Subsidy Scheme (CLCSS)

Objectives –

• CLCSS aims at facilitating technology upgradation of Micro and Small Enterprises (MSEs) by providing 15% capital subsidy (limited to maximum Rs.15 lakhs) for purchase of Plant & Machinery.
• Maximum limit of eligible loan for calculation of subsidy under the scheme is Rs.100 lakhs. Presently, more than 1500 well established/improved technologies under 51 sub-sectors have been approved under the Scheme.

10.India inclusive innovation fund

Objectives –

• The India Inclusive Innovation Fund Ministry of MSME has proposed to set up a dedicated fund in the name of India Inclusive Innovation Fund for promoting grass-root innovations with social returns as well as modest economic returns.
• The fund would operate as a for-profit entity with a social investment focus. The India Inclusive Innovation Fund would back enterprises developing innovative solutions preliminarily for citizens who lie in the lower half of India’s economic pyramid, with a limited physical and institutional access to basic services.
• The total corpus of this fund is proposed to be an initial size of`.500 crore and maximum size of`.5,000 crore with initial GOI contribution of.Rs. .100.00 crore. The cabinet has approved the setting up of the India Inclusive Innovation Fund.
• Nodal Ministry – Ministry of msme

11.Amended Technology Upgradation Fund Scheme(ATUFS)

Objective –

• Under the scheme, apparel, garment and technical textiles will get 15 per cent subsidy on capital investment, subject to a ceiling of Rs.30 crore over a period of five years.
• The remaining sub-sectors will be eligible for 10 per cent subsidy, subject to a ceiling of Rs.20 crore, on similar lines, according to a government statement.
• The amended scheme would give a boost to Make in India in the textiles sector. It is expected to attract investments to the tune of Rs.1 lakh crore and create over 30 lakh jobs.
• The scheme lays emphasis on the promotion of Technical Textiles, a sunrise sector, for exports. It will also encourage better quality in processing industry and check the need for import of fabrics by the garment sector.
• Conversion of existing looms to better technology looms will also receive a major push.for improvement in quality and productivity.
• The new scheme does not cover the spinning sector as there is excess capacity now.
• The new amended scheme aims to plug the loopholes in the earlier scheme and improve Ease of Doing Business.
• The amended scheme will replace the existing

12.Revised Restructured Technology Upgradation Fund Scheme (RR-TUFS) with effect from the date of notification of the scheme.

Objectives –

• The Technology Upgradation Fund Scheme for the textile industry was introduced in 1999 and Rs.21,347 crore has been provided as assistance between 1999 and 2015. Official sources said the ATUFS is expected to attract Rs. 1 lakh crore investment in the next seven years (till 2021-2022).
• Nodal Ministry –Ministry of Textiles

13.SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries)

Objective –

• Under this initiative, Energy Efficiency Services Limited (EESL), a public sector entity under the administrative control of Ministry of Power, would procure energy efficient Powerlooms, motors and Rapier kits in bulk and provide them to the small and medium Powerloom units at no upfront cost.
• The use of these efficient equipment would result in energy savings and cost savings to the unit owner and he would repay in installments to EESL over a 4 to 5 year period. This is the aggregation, bulk procurement and financing model that EESL has successfully deployed in several sectors like LED bulbs, Smart Meters and Electric Vehicles.
• Nodal Ministry – The SAATHI initiative of the Government will be jointly implemented by EESL and the office of the Textile Commissioner on a pan-India basis.