(a) whether there is any proposal to revise the caps on investment limits for the Micro, Small and Medium Enterprises (MSMEs) in the country;
(b) if so, the details thereof ;
(c) the share of contribution of MSMEs in the Gross Domestic Product and exports of the country; and
(d) the details of incentives/subsidies planned to be provided to MSMEs sector of the country?
MINISTER OF MICRO, SMALL AND MEDIUM ENTERPIRSES (SHRI KALRAJ MISHRA)
(a)&(b): The issue of revision of investment limit for Micro, Small and Medium Enterprises (MSMEs) is under consideration of the Government.
(c): On the basis of the data on Gross Domestic Product (GDP) published by Central Statistics Office (CSO), Ministry of Statistics & Programme Implementation and final results of the latest Census (Fourth Census), the estimated contribution of MSME Sector to GDP during 2010-11, 2011-12 and 2012-13 are 36.69%, 37.97% and 37.54% respectively.
As per Directorate General of Commercial Intelligence and Statistics (DGCI&S) estimated data, the share/contribution of MSMEs in export during 2011-12, 2012-13 and 2013-14 is 43%, 43% and 42.40 % respectively.
(d): The Ministry of MSME has been allocated outlays of Rs.2,700.00 crore, Rs.2,835.00 crore, Rs.2,977 crore and Rs.3,327.00 crore for 2011-12, 2012-13, 2013-14 and 2014-15 respectively for providing incentives and subsidies etc. for promotion of MSMEs through various schemes and programmes.