MSME SCHEMES: INITIATIVES AND DEVELOPMENT BY THE GOVERNMENT

Our Hon'ble Prime Minister Shri Narendra Modi had a view to various actions plans with recommendation to ensure inclusive growth with efficiency of social and economic sector of our country. Transformation leads to a few of the initiatives, implemented by creating a moment for change. The overall progress is concentrated to achieve targets with a broader vision, for faster and equitable growth. Various groups had been created to accelerate growth through infrastructure, enhance inclusion by rural electrification to promote entrepreneurship to national schedule caste and schedule tribe hub. To improve equity, to increase employment, enhance skillful labour initiate quality education, technology advancement; strengthen agriculture sector and way forward. Niti ayog monitor the implementation and growth of ideas in particular sector. The institution will serve as think tank of the government, and to create a vision for transforming change indigenously designed and collaborated to develop new processes with domestic integration.In this paper we will outline the features of mini, small, medium entrepreneurship sector with economic and social development of our country. The transformation through various schemes, which are implemented by ministry of MSME and Challenges and opportunities faced by MSME in current scenario.