Providing adequate, timely and uninterrupted credit, i.e., working capital including consumption needs and/or block capital requirements to the small artisans, handloom weavers and other self -employed persons including micro-entrepreneurs, SHGs, etc., from the banking system in a flexible, hassle free and cost effective manner.
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The Ministry of MSME with a view to recognising the efforts and contribution of MSMEs, gives National Awards annually to selected entrepreneurs and enterprises under the scheme of National Awards.
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Aimed at providing standardized world class services to tourists, the Government of India, Ministry of Tourism has a voluntary scheme for classification of privately owned property to fully operational Time Share Resorts subject to criteria being met by the owner and approved by Ministry of Tourism.
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Micro-credit is extended to the members of the Self Help Groups (SHGs), specially the minority women scattered in remote villages and urban slums, who are not able to take advantage of the formal banking credit as well as the NMDFC programmes, through its SCAs.
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Loan scheme for poor artisans with 1% lower interest rate than that charged under theterm loan scheme.
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This scheme is for individual beneficiaries and is implemented through the SCAs. NMDFC provides loan to the extent of 90% of the project cost subject to a maximum of INR 27 lacs. The remaining cost of project is met by the SCA and the beneficiary.
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A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship.
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The scheme provides grants, technical guidance and mentoring to individual innovators by incubating their idea towards the creation of new enterprises in phases. It also provides grant-in-aid support to technology solution providers developing technology solutions aimed at helping MSME cluster.
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The department of Animal Husbandry, dairying and fisheries is implemeting Dairy Enterpreneurship Development Scheme (DEDS) for generating self-employment opportunities in the dairy sector, covering activities such as enhancement of milk production, procurement, preservation, transportation, processing and marketing of milk by providing back ended capital subsidy for bankable projects.
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The scheme provides core research support to the active researchers to carry out basic research in all frontier areas of Science and Engineering.