News Update

Economy Needs Synergetic Inputs to fix twin Deficits of Inflation & Rupee fall43 injured in fire at Durga Puja pandals on UPAgriculture Income & ITR 7OPEC+ debate cutting production by 1 million barrels per day; Crude price up by 3%I-T - 6 months' limitation for deciding refund claims is to be followed strictly: HCBrazil’s Presidential elections: Neither candidates get 50% votes; Bolsonaro to face Lula in second round of pollI-T- Customs duty paid for yacht can be allowed as it is not used by assessee for its own personal use and has operated yacht for benefit and use of entities paying operating fee : ITATLanka reduces tax rate on sanitary napkins amid fiscal crisisI-T - No addition on account of bogus sundry creditors can be made, if AO fails to substantiate non-availability of vendors: ITATXiaomi expresses despair over attachment of Rs 5500 Cr assets in IndiaST - No service tax is payable on amount collected towards liquidated damages: CESTATTruss says her Chancellor decided himself to reduce UK’s rate for top tax bracketCX - There is no reason to deny refund when assessee has availed drawback of only the customs duty portion and not of excise duty: CESTATSexual assault case against founder of JD.com, China’s one of biggest e-commerce giants, settled in USCX - After 1.4.2011, appellant cannot avail credit on outdoor catering services, thus credit availed for period 1.4.2011 to 30.4.2011 which is part of SCN is not eligible for credit: CESTATIsrael, Lebanon about to hammer out deal on maritime tangled borderCus - First Appellate Authority was correct in allowing appeal thereby ordering provisional release of goods in question and since there is no change in facts, same is followed in case on hand as well: CESTATBurkina Faso’s junta leader agrees to dethrone himselfUkraine war - France’s spirited support being questioned; 2% arms support found lowest in EUDeath toll from Hurricane Ian mounts beyond 80 thus far in Florida & Carolina put togetherMexico braces up for Hurricane OrleneSP’s supremo Mulayam Singh Yadav is in ICU at Gurugram MedantaGovt reduces export duty on petro goods; makes Special Additional Excise Duty NIL for ATF; Rs 3.5 per litre on diesel & Rs 8000 per tonne for petrol125 die in Indonesian stampede after fans invade football ground and police hurl teargas; 180 injuredAnti-hijab fire spreads across Iran; Rallies organised throughout countryKing Charles III not to attend COP27 in Egypt on advice of Truss GovtUS, Venezuela swap prisoners - 7 Americans for 2 relatives of President MaduroUS, Japan & Australian Defence Ministers vow to work against Chinese military ambitionsWIPO’s Global Innovation Index - India walks up to 40th rankFM says IBC law cannot be allowed to lose its teeth and object
 
India has 17.96 lakh women-owned MSMEs out of 99.59 lakh: MoS

By TIOL News Service

NEW DELHI, AUG 08, 2022: THERE are 17,96,408 women owned Micro, Small and Medium Enterprises (MSMEs) out of the total 99,58,903 Nos of MSMEs registered and classified in Udyam Registration Portal of Ministry of  MSME  as on 03.08.2022.

Ministry of MSME runs two major credit schemes viz. Prime Minister's Employment Generation Programme (PMEGP) and Credit Guarantee Scheme (CGS) for Micro & Small Enterprises. Since inception of PMEGP in 2008-09, as on 02.08.2022, total 2,50,319 Nos of women entrepreneurs have been assisted and since inception of Credit Guarantee Scheme for Micro & Small Enterprises in 2000, as on 30.06.2022, credit guarantee to total 11,92,689 Nos of women have been extended.

Government is running Credit Guarantee Scheme (CGS) for Micro & Small Enterprises since 2000, to provide collateral free credit to Micro & Small Enterprises including women. Under this scheme the women enterprises get 5% additional guarantee coverage and 0.15% additional concessions in guarantee fees for credit above Rs. 5 lakh upto Rs.50 lakh.

This reply was given by the Minister of State for Micro Small and Medium Enterprises, Bhanu Pratap Singh Verma in a written reply in the Rajya Sabha.


POST YOUR COMMENTS