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Saturday, 6 December 2014

INDIAN ECONOMY: LAND SYSTEM AND REFORMS IN INDIA

INDIAN ECONOMY: 

LAND SYSTEM AND REFORMS IN INDIA



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Land Systems
  1. Zamindari System
    • Government collect land tax through the intermediary of a zamindar
    • Land assigned to zamindar who bid the highest tax rate. Farmers lose ownership of land
    • Farmers pay tax to zamindar in cash
    • No remissions granted due to lost produce (due to weather etc)
    • Zamindari system implemented primarily in North India, especially Bengal, U.P., and Central Provinces and Berar
    • Attributed as a consequence of the Permanent Settlement under Lord Cornwallis
  2. Ryotwari System
    • Government collects land tax directly from farmers (called “ryots”)
    • Land belongs to farmer, farmer pays fixed amount to government
    • Remissions granted lost produce (due to weather etc)
    • Ryotwari system implemented in Madras, Bombay, Assam and Burma
    • Attributed to Sir Thomas Munro, Governor of Madras
Land Reforms
  1. Land Reforms Act 1955
    • All share croppers to have permanent use rights
    • Such rights to be inheritable
    • Croppers to pay legal share of crop to landlord
  2. Land reforms in Kerala
    • Introduced Land Reforms Ordinance in 1957
    • Set absolute ceiling on land ownership. Tenants and hut dwellers receive claim on excess land
    • Fixity of tenure and protection from eviction
  3. Land reforms in West Bengal
    • Initiated Operation Barga in 1978
    • Registered sharecroppers (”bargadars”) and educated them about cultivation rights
    • Bargadar rights made hereditary. Bargadars to receive fair share of crop (50-75%)
    • Land Ceiling Act: redistribution of ceiling-surplus land



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JOHAR..

INDIAN ECONOMY: Five Year Plans in India

INDIAN ECONOMY: Five Year Plans in India


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Five Year Plan
Duration
Focus
Highlights of the plan period
I
1951 –  1956
Agriculture
  • Rapid population growth
  • Bhakra and Hirakud dams
  • Five IIT’s established
  • UGC established
II
1956 –  1961
Industrialization
Socialism
  • Bhilai, Durgapur, Rourkela steel mills
  • Atomic Energy Commission established
  • Tata Institute of Fundamental Research
III
1961 –  1966
Defence
Price stabilization
  • India-China war 1962
  • India-Pakistan war 1965
  • Panchayat elections started
  • State electricity and education boards formed
IV
1969 –  1974
Growth
Stability
Self-reliance
  • India-Pakistan war 1971
  • Green Revolution
  • Bank nationalization
  • Pokhran nuclear test
V
1974 –  1978
Poverty alleviation
Self-reliance
  • Govt. enters power generation and transmission
VI
1980 –  1985
Industrialization
Information Tech.
  • National highways launched
  • Price controls eliminated
  • Family planning expanded
VII
1985 –  1989
Increasing employment
Growth
Modernisation
No FYP 1989-1992. Annual plans 1990-1992
Balance of payments crisis 1991
Launch of economic reforms under P.V. Narasimha Rao
VIII
1992 –  1997
Human development
Industrial modernisation
Population control
  • India joins WTO Jan 1995
IX
1997 –  2002
Employment
Food security
Continued liberalization
X
2002 –  2007
Education
Health
Environment
  • GDP growth over 8%
XI
2007 –  2012
Education
Health
Environment
Infrastructure
  • na


THANKS

JOHAR..

INDIAN ECONOMY: AGRICULTURE IN INDIA

INDIAN ECONOMY: AGRICULTURE IN INDIA


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Highlights
  • India is ranked second worldwide in farm output
  • Agriculture accounts for 16.6% of GDP
  • Agriculture employs 60% of the workforce
  • India has the world’s largest cattle population
  • Largest producer of milk, cashews, coconut, tea, ginger, turmeric and black pepper
  • Second largest producer of wheat, rice, sugar, groundnut and inland fish
  • Third largest producer of tobacco
  • India accounts for 10% of world fruit production
  • Largest producer of banana and sapota
Keywords: ias, upsc, civil services, study material, general studies, Indian economy
Green Revolution in India
  • Use of high yield seeds along with increased used of fertilizers and irrigation leading to dramatic increase in production
  • Implemented mainly in Punjab, Haryana, western UP 1965-1980
  • Increased food grain production by 4 times, milk 6 times, eggs 27 times
  • Requires large investment in equipment and enormous quantities of water
  • Padma Vibhushan awarded to Dr. Norman Borlaug in 2006 for instituting the Green Revolution. He is considered the Father of the Green Revolution. He also won the Nobel Peace Prize in 1970
Keywords: ias, upsc, civil services, study material, general studies, Indian economy

AGRICULTURAL CREDIT AND INSURANCE

Kisan Credit Card
  • Launched in 1998 to provide short-term credit
  • Simple, flexible procedures
  • Helps buy seeds and fertilizers at farmer’s convenience
  • Operated by major nationalized banks
  • Includes personal accident insurance coverage
Keywords: ias, upsc, civil services, study material, general studies, Indian economy
National Agricultural Insurance Scheme (NAIS) / Rashtriya Krishi Bima Yojana (RKBY)
  • Launched in 2008
  • Provides insurance coverage in the event of failure of crop due to natural causes, pests and diseases
  • Covers food crops, oilseeds, sugarcane, cotton and potato
  • Joint programme of Central and State governments
  • 50% subsidy for small and medium farmers
  • Implemented by Agriculture Insurance Company of India (combination of NABARD and other nationalized insurance companies)
Keywords: ias, upsc, civil services, study material, general studies, Indian economy
Livestock Insurance Scheme
  • Launched in 2005
  • Provides protection to farmers and cattle rearers against loss due to animal death
  • Covers crossbred and high yielding cattle and buffaloes
  • Fully funded by the Central government
  • 50% subsidy
  • Implemented by livestock development boards of each state
Keywords: ias, upsc, civil services, study material, general studies, Indian economy
Rainfall Insurance / Varsha Bima
  • Launched in 2004
  • Provides protection against anticipated shortfall in crop yield due to deficit rainfall
  • Implemented by Agriculture Insurance Company of India Ltd. (AIC)
Keywords: ias, upsc, civil services, study material, general studies, Indian economy
Weather Based Crop Insurance Scheme (WBCIS)
  • Launched in 2003
  • Provides protection against loss due to adverse weather conditions including rainfall, frost, temperature etc
  • Jointly funded by Central and State governments
  • Up to 50% subsidy
Keywords: ias, upsc, civil services, study material, general studies, Indian economy
Rainfall Insurance Scheme for Coffee Growers (RISC)
  • Launched in 2009
  • Protects against loss due to deficit rainfall during blossom and backing periods and excess rains during monsoon period
  • Covers Robusta/Arabica variety of coffee in Karnataka, Kerala, TN
  • Funded by the Coffee Board (Central government)
  • 50% subsidy
  • Implemented by AIC

AGRICULTURAL SCHEMES AND PROGRAMMES

All programmes fall under the purview of the Ministry of Agriculture unless otherwise noted.
National Food Security Mission
  • Launched in Aug 2007
  • Objectives:
    • To increase production of wheat, rice and pulses on a sustainable basis to ensure food security of the country
    • Restore soil fertility
    • Employment generation
    • Enhance farm-level economy
  • Seeks to disseminate improved technologies and farm practices
  • Central Govt. provides 50% subsidy
  • Three components: NFSM Rice, NFSM Wheat, NFSM Pulses
  • Targeted increase in production: Rice 10 million tonnes, Wheat 8 m t, Pulses 2 m t
  • Structure:
    • Chairman: Minister of Agriculture
    • Members: Secretaries of Dept of Agriculture and Cooperation, Finance, Adviser Planning Commission, Agriculture Commissioner
Keywords: ias, upsc, civil services, study material, general studies, Indian economy
National Horticulture Mission
  • Launched in 2005
  • Objective: provide growth of horticulture and enhance horticulture production
  • Promotes use of technology to farmers for high-tech horticulture cultivation
  • Promotes diversification from traditional crops to plantations, orchards, vineyards etc
  • Funded by Central (85%) and State (15%) governments
  • Structure
    • Chairman: Minister of Agriculture
    • Members: Ministers of Commerce, Health, Finance, Food Processing, Industries, Panchayati Raj, Science & Technology, Rural Development
Keywords: ias, upsc, civil services, study material, general studies, Indian economy
National Agriculture Development Program (NADP) / Rashtriya Krishi Vikas Yojana (RKVY)
  • Launched in 2007
  • Objectives:
    • To incentivise states to increase their investment in agriculture
    • To provide flexibility and autonomy to states in agricultural planning
    • To maximise returns for farmers
    • To reduce yield gaps in important crops
  • Fully funded by the Central government, executed by the State governments
  • Areas of focus
    • Integrated development of food crops
    • Agriculture mechanization
    • Soil health and productivity
    • Horticulture
    • Animal husbandry
    • Use of technology
Keywords: ias, upsc, civil services, study material, general studies, Indian economy
Agricultural Debt Waiver and Debt Relief Scheme 2008
  • Launched in 2008
  • Covers direct loans by certain commercial banks, rural banks and cooperatives
  • For small and marginal farmers the entire eligible amount shall be waived
  • For other farmers there will be a one time settlement under which the farmer will be relieved of 25% of the loan amount
  • Implemented by NABARD and RBI
Keywords: ias, upsc, civil services, study material, general studies, Indian economy
Agri Clinics and Agri Business Centres Scheme
  • Launched in 2002
  • Agriclinics provide expert services and advice to farmers on cropping practices, technology dissemination, crop protection, market trends, clinical services for animal health etc.
  • Agribusiness
    Centres provide input supply, farm equipment on hire etc
  • Objectives
    • To make available supplementary sources of input and services to farmers
    • To provide gainful employment to agriculture graduates
    • To create agriculture entrepreneurs
  • Example projects:
    • Soil and water testing
    • Pest control services
    • Micro irrigation systems
    • Seed processing units
    • Hatcheries, apiaries
    • Setting up of IT kiosks in rural areas
  • Financial support from NABARD
Keywords: ias, upsc, civil services, study material, general studies, Indian economy
National Commission on Farmers
  • Constituted in 2004
  • Chairman Dr. M.S. Swaminathan (instrumental in Green Revolution in India)
  • Submitted final report in 2006
  • Suggests measure to enhance productivity, profitability and sustainability of farming in different regions of the country
  • Suggests measures to attract and retain youth in the agriculture sector
  • Suggests medium term strategy for food and nutrition security
  • Resulted in the National Policy for Farmers – 2007
Keywords: ias, upsc, civil services, study material, general studies, Indian economy
National Policy for Farmers – 2007
  • Focus on economic well being of farmers rather than just production
  • Efficiency of water use and maximizing yield per unit of water
  • Drought code, flood code and good weather code
  • Use of technology to increase productivity
  • Agricultural credit and insurance
  • Support services for women
  • Setting up of farm schools
  • Gyan Chaupals to harness the help of IT
  • Community foodgrain banks
  • National social security system for farmers
  • Cabinet Committee on Food Security to be constituted
Keywords: ias, upsc, civil services, study material, general studies, Indian economy
Note: All programmes implemented by the Ministry of Agriculture unless otherwise states


THANKS

JOHAR..

INDIAN ECONOMY: INDUSTRY IN INDIA

INDIAN ECONOMY: INDUSTRY IN INDIA


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AUTOMOBILE INDUSTRY
Overview
  • Indian automobile industry is the ninth largest in the world
  • Annual production of over 2.3 million units
  • India is the 4th largest exporter of automobiles in Asia, behind Japan, South Korea and Thailand
About Maruti India
  • Established as Maruti Udyog Limited in Feb 1981
  • Market leader, credited for bringing an automobile revolution in India
  • First Managing Direct was R.C. Bhargava
  • In May 2007, the GoI sold its share in the enterprise, and no longer has a stake in the company
  • Two manufacturing facilities: Gurgaon and Manesar (near New Delhi)
About REVA India
  • Largest produced electric car in the world
  • Introduced in India in 2001
  • Manufactured in Bangalore
  • Travels 80 km on a 8 hour charge for a running cost of Rs 0.40 per km
Automobile companies and their bases
CompanyHeadquartersIn India
AudiGermanyAurangabad
BMWGermanyMadras
ChevroletUSAPune
FiatItalyPune (joint with Tata Motors), Madras
FordUSAMadras
HondaJapanNoida
HyundaiSouth KoreaMadras
Mercedes-BenzGermanyPune
MitsubishiJapanThiruvallur (TN)
NissanJapanMadras
RenaultFranceNasik (with Mahindra), Madras (with Nissan)
Skoda (owned by VW)Czech RepublicAurangabad
ToyotaJapanBangalore
VolkswagenGermanyPune
PHARMACEUTICALS INDUSTRY
Overview
  • India is in position to meet 70% of drug demand internally
  • Important drugs produced in India include penicillin, flumeguine, pefloxacin, ramipiril etc
  • Public sector companies in the pharmaceutical sector include Indian Drugs and Pharmaceuticals, Hindustan Antibiotics Ltd.,
  • Over 60% of bulk drugs exported
History of pharmaceutical sector
  • First pharmaceutical company in India was the Bengal Chemical and Pharmaceutical Works established in Calcutta in 1930
  • First public sector pharma company was Hindustan Antibiotics Ltd. founded in Pimpri (Maharashtra) in 1954. It was also the first company in India to launch a recombinant DNA product, Hemax, in 1993
  • Patents Act 1970 made pharmaceutical sector unsuitable for foreign companies thereby encouraging Indian companies
  • In Jan 1995, government amended the Patent Act to reinstate product patents for the first time since 1972
  • This was in compliance of the WTO’s Trade Related Aspects of Intellectual Property Rights (TRIPS) agreement
Biotechnology
  • India’s biotech industry accounted for 2% of the $41 bn global biotech market
  • India has the third largest biotech industry in the Asia-Pacific region and eleventh largest in the world
  • Biotech sector is made up primarily of small startup firm
  • Government established Department of Biotechnology under the Ministry of Science and Education in 1986
  • Ministry of Science and Technology also launched Biotechnology Parks Society of India to provide tax breaks and dedicated infrastructure
  • Government allows 100% FDI in biotechnology
Important names in the pharmaceutical sector
Company
Key people
Headquarters
Notes
Ranbaxy
Atul Sobti
Gurgaon
Largest pharmaceutical company in India
Dr. Reddy’s
Anji Reddy
GV Prasad
Hyderabad
Second largest in India
Nicholas Piramal
Ajay Piramal
Bombay
Cipla
YK Hamied
Bombay
Oldest in India
World’s largest producer of anti-retroviral (AIDS) drugs
Pioneered AIDS treatment drug (now standard)
Biocon
Kiran Mazumdar-Shaw
Bangalore
India’s leading biotechnology company
Serum Institute of Inida
Cyrus Poonawalla
Pune
Fifth largest vaccine maker in the World
World’s largest maker of measles and DTP vaccines
Serum vaccines immunize 50% of world’s children
Currently manufacturing vaccine for swine flu
OTHER INDUSTRIES
  1. Steel industry
    • India is the 8th largest producer of steel in the world
    • It is the 2nd largest producer of sponge iron
    • However, India continues to be a heavy importer of steel from abroad
    • Tata Steel in Jamshedpur was the first steel plant in India and Asia (1907)
    • First government-established steel plant in India in Rourkela (1953) in collaboration with Germany
    • India is the fifth largest producer of steel in the world (China is the first)
    • Bhilai steel plant is the only producer of steel rails in India
  2. Fertilizer industry
    • India is the 3rd largest producer of nitrogenous fertilizers in the world
    • However, India still imports substantial amounts of fertilizers
    • first fertilizer plant was a Single Super Phosphate plant at Ranipat (TN) in 1906
  3. Textile Industry
    • It is the single largest industry in India
    • Employs 17% of the workforce
    • Accounts for 20% of India’s industrial output and 30% of exports
    • Indian textile industry is the second largest in the world (behind China)
    • India is one of the largest producers of cotton in world



THANKS

JOHAR..

INDIAN ECONOMY: INDUSTRIAL POLICIES AND PROGRAMMES IN INDIA

INDIAN ECONOMY: 

INDUSTRIAL POLICIES AND PROGRAMMES IN INDIA



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Overview
  • Industrial policies and programmes in India fall under the purview of the Ministry of Heavy Industry and Public Enterprises, and the Ministry of Commerce and Industry
  • The Ministry of Heavy Industry and Public Enterprise contains two departments:
    • Department of Heavy Industries
    • Department of Public Enterprises
  • The Ministry of Commerce and Industry has two departments:
    • Department of Commerce
    • Department of Industrial Policy and Promotion
  • Most industrial policies thus fall under the Department of Heavy Industries and the Department of Industrial Policy and Promotion
Compulsory licensing
  • The government requires compulsory licenses for certain specified industries
  • This licensing is mainly on account of environmental and strategic concerns
  • Industries requiring compulsory licensing include
    • Alcoholic drinks
    • Cigars and cigarettes made from tobacco and tobacco substitutes
    • Aerospace and defence equipment
    • All items related to use of atomic energy
    • Explosives
    • Hazardous chemicals
  • In addition to the above, certain items are reserved for manufacture by small scale industries only. Non-small scale industries are required to obtain licenses and undertake an export obligation of 50%
  • Drugs and pharmaceuticals were taken off the compulsory list in 2005
INDUSTRIAL POLICIES
Automobile Policy
  1. Objectives of the policy include
    • Emerge as a global source for automobile components
    • Establish an international hub for manufacture of small passenger cars, and a key centre for tractors and two-wheelers
    • Ensure a transition to open trade at minimal risk to the economy
    • Assist development of vehicles using alternative energy sources
    • Development of safety and environment standards at par with international standards
  2. The Policy assures automatic approval for FDI up to 100%
  3. Used vehicles imported into the country to meet environmental standards
  4. The Policy is implemented by the Department of Heavy Industry, Ministry of Industry and Public Enterprises
Industrial Policy
  • Launched in 1991
  • Implemented by Department of Industrial Policy and Promotion, Ministry of Commerce and Industry
  • Objectives include
    • Maintain sustained growth
    • Enhance gainful employment
    • Optimal utilization of human resources
    • Attain international competitiveness
  • The Policy enshrines the liberalisation of industrial licensing policy
  • The Policy enshrines the establishment of Software Technology Parks (STP) and Electronic Hardware Technology Parks (EHTP)
FDI Policy
  • India has one of the most liberal FDI policies among developing countries
  • FDI up to 100% is allowed in the automatic route in all activities except the following, which require prior approval
    • Prohibited sectors
    • Industries that require a compulsory license
    • Proposals in which the foreign collaborator has an existing collaboration in the same field
    • Acquisition of shares in an Indian company in the financial services sector
  • In the automatic route, no governmental approval is required
  • FDI in activities not covered under the automatic route, approval from Government in required. Such approvals are granted by the Foreign Investment Promotion Board
  • Sectors prohibited for FDI include
    • Gambling and betting
    • Lottery
    • Atomic energy
    • Retail trading
    • Agriculture (except Horticulture, animal husbandry) and plantations (except tea plantations)
North East Industrial and Investment Promotion Policy (NEIIP)
  • Launched in 2007
  • Implemented by Department of Industrial Policy and Promotion, Ministry of Commerce and Industry
  • Covers Arunachal Pradesh, Assam, Manipur, Mizoram, Nagaland, Meghalaya, Tripura and Sikkim
  • Major initiatives include subsidy for infrastructure expansion (25%), exemption from income tax and excise duty (100%)
  • Industries covered by the Policy include
    • Services
    • Bio technology
    • Power generation
  • The nodal agency for the Policy is the North East Industrial Development Finance Corporation (NEDFi)
INDUSTRIAL PROGRAMMES AND SCHEMES
Indian Leather Development Programme (ILDP)
  • Launched in 2007
  • Implemented by Department of Industrial Policy and Promotion, Ministry of Commerce and Industry
  • Objectives of the programme include
    • Augmentation of raw material base
    • Enhancement of capacity
    • Addressing environmental concerns
    • Global marketing of Indian leather
  • Activities covered under the scheme include
    • Modernisation of machinery
    • Hardware and IT solutions
    • Worker safety
    • Environmental and waste management
Industrial Infrastructure Upgradation Scheme
  • Launched in 2001
  • Implemented by Department of Industrial Policy and Promotion, Ministry of Commerce and Industry
  • Central government to sponsor 75% of expenditure
  • Activities covered under the scheme include
    • Physical infrastructure (such as road, water etc)
    • Effluent treatment, waste disposal
    • IT infrastructure
    • R&D infrastructure
    • Quality and benchmarking infrastructure
    • Marketing infrastructure
Industrial Park Scheme
  • Launched in 2002
  • Implemented by Department of Industrial Policy and Promotion, Ministry of Commerce and Industry
  • Envisages the establishment of
    • Industrial model towns for the development of industrial infrastructure
    • Industrial parks with facilities for industrial purposes
    • Growth Centres, to act as hubs for industrial activity in the under developed areas
Please Note: From next week, articles on Indian Economy will be moved to Mondays. The next Indian Economy feature will be on 14 Dec 2009.



THANKS

JOHAR..

INDIAN ECONOMY: SMALL SCALE INDUSTRIES IN INDIA

INDIAN ECONOMY: SMALL SCALE INDUSTRIES IN INDIA


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Come On Let us dive into the ocean of Indian Economy,


Overview
  • The small scale industrial sector in India is divided into three categories: micro, small and medium. Together, they are known as Micro, Small and Medium Enterprises (MSME)
    • Micro scale sector: industries in which in the investment in plant and machinery is under Rs. 25 lakh. For service enterprises, this limit is Rs. 10 lakh
    • Small scale sector: industries in which the investment in plant and machinery is between Rs 25 lakh and Rs. 5 crore. For service enterprises, this limit is Rs 10 lakh – Rs 2 crore
    • Medium scale sector: industries in which the investment in plant and machinery is between Rs. 5 crore and Rs 10 crore.For services enterprise, Rs. 2 crore – Rs. 5 crore
  • The MSME sector in India employs about 60 million people, it is the second largest sector in terms of employment (after agriculture)
  • MSME sector accounts for 45% of industrial output and 40% of exports
  • The MSME sector in India falls under the purview of the Ministry of Micro, Small and Medium Enterprises. This Ministry was formed by the merger of the Ministry of Small Scale Industries and Ministry of Agro and Rural Industries in 2007
  • Registration of an industrial unit as a micro, small or medium scale enterprise is voluntary. However, benefits such as power and tax subsidies can only be obtained if registered
  • Registration is done by the Directorate or Commissioner of Industries for the respective states
Keywords: India, ias, upsc, civil service, study material, general studies, free
GOVERNMENTAL ORGANISATIONS IN THE MSME SECTOR
  1. Micro, Small and Medium Enterprises Development Organisation (MSME-DO)
    1. Established in 1954, headquarters New Delhi
    2. Also known as the Office of the Development Commissioner MSME
    3. It is the apex body for assisting the government for formulating and implementing policies for the MSME sector
    4. The MSME-DO provides facilities for managerial consulting, technology upgradation, quality and infrastructure improvement, and human resources training and development
    5. Functions under the Ministry of MSME
  2. National Small Industries Corporation (NSIC)
    1. Established in 1955, headquarters New Delhi
    2. Helps in the fostering, aiding and promotion of growth of MSME
    3. Focuses on the commercial aspects of operation
    4. Provides services in the areas of material procurement, product marketing, technology acquisition, improved management practices etc
    5. Functions under the Ministry of MSME
  3. Khadi and Village Industries Commission (KVIC)
    1. Established in 1956, headquarters New Delhi
    2. Provides employment opportunities in rural areas by promotion and development of khadi and village industries
    3. Functions under the Ministry of MSME
  4. Coir Board
    1. Established in 1953, headquarters Cochin
    2. First coir industry in India was established by James Darragh in Alleppey in 1859
    3. Is responsible for formulation and implementation of schemes for the promotion and development of coir industry in India
    4. Primary coir exports include coir mats, coir textiles and coir pith
    5. The Coir Board functions under the Ministry of MSME
  5. Small Industries Development Bank of India (SIDBI)
  • Established in 1990
  • Objectives include the promotion, financing and development of small scale industries
  • SIDBI was ranked among the top 30 development banks in the world by the The Banker, London
  • SIDBI functions under the Ministry of Finance
Keywords: India, ias, upsc, civil service, study material, general studies, free
EDUCATIONAL INSTITUTES FOR THE MSME SECTOR
The Government has established three national level Entrepreneurship Development Institutes. These institutes develop training modules, undertake research and provide consultancy services for the MSME sector. All these institutes function under the Ministry of MSME
Institute
Location
Established
National Institute for Micro, Small and Medium Enterprises (NIMSME)
Hyderabad
1960
National Institute of Entrepreneurship and Small Business Development (NIESBUD)
Noida
1983
Indian Institute of Entrepreneurship (IIE)
Guwahati
1993
Keywords: India, ias, upsc, civil service, study material, general studies, free
PROGRAMMES FOR THE MSME SECTOR
Some of the important programmes are highlighted in this section. For a complete list of schemes and programmes see here and here
  1. Cluster Development Initiative (CDI)
    1. Clusters are defined as sectoral and geographical concentrations of enterprises that share common opportunities and threats
    2. Clusters facilitate the development of inter-firm cooperation to promote local production and collective learning
    3. Clusters account for over 60% of manufactured exports from India
    4. India has over 400 clusters of Small and Medium Enterprises (SME) and 2000 artisan clusters
    5. The CDI in India is supported by the Cluster Development Programmer of the United Nations Industrial Development Organisation (UNIDO)
    6. The CDI is a programme implemented by the Ministry of MSME
  2. National Manufacturing Competitiveness Programme (NMCP)
    1. Launched in 2005
    2. Aims to increase competitiveness in the face of liberalization and moderation of tariff rates
    3. Implemented by the National Manufacturing Competitiveness Council functioning under the Ministry of MSME
  3. Scheme of Fund for Regeneration of Traditional Industries (SFURTI)
    1. Launched in 2005
    2. Aims to achieve comprehensive development of clusters of khadi, village and coir industries
    3. Implemented by the KVIC and the Coir Board
  4. Rajiv Gandhi Udyami Mitra Yojana (RGUMY)
    1. Launched in 2008
    2. Aims to provide support and assistance to first-time entrepreneurs
    3. Helps in dealing with various procedural and legal formalities required for the establishment of the enterprise
    4. Implemented by the Ministry of MSME


THANKS

JOHAR..