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Industry and Labour Box. 3.8
‘Make in India’ Campaign for MSMEs

Make in India - a major new national program launched in September 25th 2014, by the
Central Government.

The Make in India strategy aims to facilitate investment, foster innovation, enhance skill
development, protect intellectual property and build manufacturing infrastructure in the
country. The real objective of this strategy is to ease the investment caps and controls, to
open up India’s Industrial sectors to global participation. The campaign has been concentrated
to fulfill the purpose of job creation, enforcement to secondary and tertiary sector, boosting the
national economy, converting India to a self-reliant country and to give the Indian economy
global recognition.

The aim of Make in India is transforming India to a manufacturing hub by eliminating the
unnecessary laws and regulations and making bureaucratic processes easier, more
transparent, responsive & accountable. The rules applicable to industry, which also apply to
MSME relate to various departments have been entrusted with the task of simplifying the rules.
Major sectors included are Automobile Components, Biotechnology, Chemicals, Construction,
Electronic Systems, Food Processing, Textiles & Garments etc.

Achievements of Major Central Government Programmes

Financial Package for rural industries -Prime Minister’s Employment Generation Pro-
gramme (PMEGP)

3.64 A national level credit linked subsidy scheme, namely, ‘Prime Minister’s Employment Generation
Programme (PMEGP)’was introduced in August 2008 by merging erstwhile PMRY and REGP
schemes of this Ministry for generating an estimated 37.38 lakh additional employment opportunities
by setting up of micro-enterprises in the non-farm sector in rural as well as urban areas. An outlay
of ` 8060 crore including ` 7800 crore as margin money subsidy for PMEGP in the 12th Plan has
been approved against ` 5540 crore in 11th Plan. Since inception in 2008-09 to 2013-14, 2.48 lakh
units have been assisted with margin money subsidy of ` 4745.15 crore to create employment for
an estimated 22.29 lakh persons in the country. For 2014-15 an outlay of ` 1418.28 crore has been
earmarked for the scheme.

3.65 State-wise margin money subsidy released and utilized, number of projects assisted and
estimated employment generated under PMEGP during the last five years is given in Appendix
3.32. Number of projects and employment are shown in Figures 3.7 and 3.8.

Kerala State Planning Board