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International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456nternational Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456-6470 | IF: 4.101
I
Digitalization and Information: o
operating different programmes by a dedicated team perating different programmes by a dedicated team
SMEs SMEs lack lack in in information information regarding regarding new new of professional at all levels and operate through 142 ssional at all levels and operate through 142
developments and new technologiesdevelopments and new technologies. Due to offices located all over India and one office located at offices located all over India and one office located at
digitalization, SMEs can access all type of digitalization, SMEs can access all type of Johannesburg, South Africa.
information on different Medias. Due to digitalization, information on different Medias. Due to digitalization,
Small Industries Development Bank of India mall Industries Development Bank of India
SMEs will get all the benefits offered by technology.the benefits offered by technology. S
(SIDBI)
i
Governance and Institutional support for MSMEs Governance and Institutional support for MSMEs is an top bank set up to provide direct/indirect s an top bank set up to provide direct/indirect
The Ministry of Micro, Small and Medium The Ministry of Micro, Small and Medium financial assistance under different scheme to meet financial assistance under different scheme to meet
Enterprises is the directorial Ministry in the Enterprises is the directorial Ministry in the credit needs of the smallcredit needs of the small-scale sector and to
administration of India for all matter relating to administration of India for all matter relating to coordinate the purpose of other institutions in similar coordinate the purpose of other institutions in similar
Micro, Small and Medium Enterprises. It designs and Micro, Small and Medium Enterprises. It designs and activities. Their major operations areTheir major operations are in the areas of
equipment policies and agenda from side to side its side to side its refinance assistance, direct lending, and growth& refinance assistance, direct lending, and growth&
field organizations and attached offices for promotion tions and attached offices for promotion support services.
and progress of MSME sector. The office of the and progress of MSME sector. The office of the
growth representative is an emotionally involved is an emotionally involved Khadi & Village Industries Commission (KVIC),Khadi & Village Industries Commission (KVIC),
office of the Ministry of MSME, and is the apex body office of the Ministry of MSME, and is the apex body established under the Khadi and Village Industries established under the Khadi and Village Industries
to advise, coordinate and formulate policies and to advise, coordinate and formulate policies and Commission Act, 1956, is a statutory friendship Commission Act, 1956, is a statutory friendship
program for the growth and endorsement of the rowth and endorsement of the engaged in promoting and developing Khaengaged in promoting and developing Khadi and
MSME sector. The office also maintains liaison with MSME sector. The office also maintains liaison with Village Industries for provided thatVillage Industries for provided that services
Central Central Ministries Ministries and and other other Central/State Central/State opportunity in rural areas, thereby intensification the opportunity in rural areas, thereby intensification the
Government Government agencies/ agencies/ organizations/ organizations/ financial financial rural country. The KVIC has been identified as one of rural country. The KVIC has been identified as one of
t
institution. the major organizations in the decentralized sector for he major organizations in the decentralized sector for
g
generating sustainable rural nonfarm enerating sustainable rural nonfarm services
Ministry of MSME and its complex of Ministry of MSME and its complex of opportunity.
organizations
The Development commissioner office of MSME, The Development commissioner office of MSME, Divisions of Ministry of MSME Divisions of Ministry of MSME
have a network of Development institute, Testing have a network of Development institute, Testing The Ministry of MSME has two Divisions called The Ministry of MSME has two Divisions called
Centres, autonomous bodies which comprise Tool Centres, autonomous bodies which comprise Tool Small & Medium Enterprises (SME) Division and Small & Medium Enterprises (SME) Division and
Rooms and Tool Design Institutes, Technology Rooms and Tool Design Institutes, Technology Agro & Rural Industry (ARI) Division. The SME Agro & Rural Industry (ARI) Division. The SME
Development Centres and preparation Institutes. and preparation Institutes. divider is allocated the work of administration, divider is allocated the work of administration,
Other connected agencies of this workplace are es of this workplace are caution and administrative supervision of the National ministrative supervision of the National
National MSMEs in India Small industry Corporation Small industry Corporation Small Industries Corporation (NSIC) Ltd. and the Small Industries Corporation (NSIC) Ltd. and the
(NSIC), Small Industries Development Bank of India (NSIC), Small Industries Development Bank of India three independent national level entrepreneurship three independent national level entrepreneurship
(SIDBI) and Khadi & Village Industries expenses (SIDBI) and Khadi & Village Industries expenses development/training organisations. The separation is development/training organisations. The separation is
(KVIC). also accountable for completion of the schemes lso accountable for completion of the schemes
a
connecting to marketing and export promotion. The arketing and export promotion. The
National Small Industries Corporation (NSIC) Ltd. National Small Industries Corporation (NSIC) Ltd. ARI separation looks after the management of two ARI separation looks after the management of two
was recognized in 1955 by the GoI with a view to 5 by the GoI with a view to statutory bodies viz. the Khadi & Village Industries statutory bodies viz. the Khadi & Village Industries
promote, aid and forward the progress of small promote, aid and forward the progress of small Commission (KVIC) and the Coir Board. It also looks Commission (KVIC) and the Coir Board. It also looks
industries in the country. NSIC continues to remain at industries in the country. NSIC continues to remain at after a newly created organization called Mahatma after a newly created organization called Mahatma
the vanguard of industrial development throughout the the vanguard of industrial development throughout the Gandhi Institute for Rural Industrialization (MGIRI). for Rural Industrialization (MGIRI).
country with its various programmes and project to country with its various programmes and project to It supervises the completion of the Prime Minister’s It supervises the completion of the Prime Minister’s
help the MSME in the country. The main country. The main functions of Services formation Program (PMEGP). The Coir Program (PMEGP). The Coir
the company are to promote aid and foster the aid and foster the Board is a statutory body established under the Coir Board is a statutory body established under the Coir
progress of micro and small enterprise in the country, progress of micro and small enterprise in the country, Industry Act, 1953 for promote overall development Industry Act, 1953 for promote overall development
generally on a profitable basis. It provides a variety of generally on a profitable basis. It provides a variety of of the coir industry and civilizing the living situation try and civilizing the living situation
support armed forces to micro and little enterprises by support armed forces to micro and little enterprises by of the workers engaged in this conventional industry. of the workers engaged in this conventional industry.
catering to their supplies in the areas of raw material o their supplies in the areas of raw material Coir manufacturing is one of the major agro base rural Coir manufacturing is one of the major agro base rural
procurement, manufactured goods marketing, credit procurement, manufactured goods marketing, credit industries in the country. The activities of the Board industries in the country. The activities of the Board
rating, acquisition of technology, and adoption of rating, acquisition of technology, and adoption of for expansion of coir industries include enterprise for expansion of coir industries include enterprise
modern management practices. The NSIC is directly modern management practices. The NSIC is directly scientific, technological and economic research and scientific, technological and economic research and
@ IJTSRD | Available Online @ www.ijtsrd.comwww.ijtsrd.com | Conference Issue: ICDEBI-2018 | | Oct 2018 Page: 247