Government Runs Many Schemes For Small And Medium Units. Read On To Know About Them

MSME Schemes: Government has launched several schemes to boost the micro, small and medium enterprises sector as it drives employment.

The Government has launched several schemes to boost the micro, small and medium enterprises (MSME) sector as it is a major component towards driving employment generation. The main focus of the Centre in terms of providing employment opportunities in this sector are the youth and women. Let's have a look at some of the key schemes started by the Government to boost the MSME sector, which is also considered the backbone of Indian economy. Udyog Aadhaar Memorandum Aadhaar card is a 12 digit number given to every Indian by the Government. Under this initiative, it is a mandatory requirement. This scheme was launched with the aim of providing ease of doing business in the MSME sector and streamlining the process of registration of small units, by universalising the procedure.