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“Seekho Aur Kamao” Scheme

  • IASbaba
  • August 10, 2021
  • 0
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“Seekho Aur Kamao” Scheme

Part of: GS Prelims  and GS-II- Government Schmes

 About Seekho Aur Kamao scheme

  • It is a skill development Central sector scheme for minorities (youth of 14 – 35 years age group) and aimed at providing employment and employment opportunities, improving the employability of existing workers, school dropouts etc. 
  • In the last 7 years appx. 3.92 lakh persons have been benefitted under this employment-oriented scheme.
  • The scheme ensures 75% placement, out of which 50% should be in organized sector. 
  • Post placement support of Rs. 2000/- per month is provided to placed trainees for two months as placement assistance.

Some of the schemes for growth and development of MSME Sector in the country are:

Prime Minister’s Employment Generation Programme (PMEGP) 
  • It is a is a major credit-linked subsidy scheme launched by merging two schemes namely Prime Minister’s Rojgar Yojana (PMRY) and Rural Employment Generation Programme (REGP)
  • It aims for generating employment opportunities by establishing micro-enterprises in urban and rural areas in the non-farm sector.
  • Implemented by Khadi and Village Industries Commission (KVIC)
Scheme of Fund for Regeneration of Traditional Industries (SFURTI)
  • It is an initiative by Ministry of MSME to promote Cluster development. 
  • Objective of the Scheme includes organizing the traditional industries and artisans into clusters to make them competitive and provide support for their long-term sustainability, sustained employment, enhancing their marketability, equipping traditional artisans of the associated clusters with the improved skills.
  • Khadi and Village Industries Commission (KVIC) is the nodal Agency.
A Scheme for Promoting Innovation, Rural Industry & Entrepreneurship (ASPIRE)
  • Objective of the Scheme includes Creating new jobs and reducing unemployment, promoting entrepreneurship culture in India that will promote grassroots economic development at district level
  • It involves setting up network of technology centres and incubation centres to accelerate entrepreneurship and also to promote start-ups for innovation in agro- industry and MSME sector
Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGMSE)
  • Objective of the Scheme includes making available collateral-free credit to the micro and small enterprise sector
Credit Linked Capital Subsidy and Technology Upgradation Scheme (CLCS-TUS)
  • Objective of the Scheme includes facilitating technology up-gradation in MSEs by providing an upfront capital subsidy of 15 per cent (on institutional finance of up to Rs 1 crore availed by them) for induction of well-established and improved technology in the specified 51 sub-sectors/products approved. 

Contribution of MSMEs to GDP (will be useful for Mains)

  • As per the information received from Central Statistics Office, Ministry of Statistics & PI, Share of MSME Gross Value Added (GVA) in All India Gross Domestic Product at current prices (2011-12) for the year 2018-19 and 2019-20 were 30.5% and 30.0% respectively.
  • The share of the MSME manufacturing in All India manufacturing gross value output during the year 2018-19 and 2019-20 were 36.9% and 36.9% respectively.  
  • Further, as per the information received from Directorate General of Commercial Intelligence and Statistics, the share of export of specified MSME related products to All India exports during 2019-20 and 2020-21 was 49.8% and 49.5% respectively.
  • As per 73rd Round of NSS Report on Unincorporated Non-Agricultural Enterprises’ (July 2015- June 2016) conducted by Ministry of Statistics & PI, estimated number of workers in MSME sector was 11.10 crore.
  • Under the Prime Minister’s Employment Generation Programme (PMEGP), the estimated employment generated (number of persons) in micro enterprises during the year 2020-21 and 2021-22 (as on 01.07.2021) are 5.95 lakh and 1.19 lakh respectively.

News Source: PIB & PIB

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