Digital transformation of MSMEs
QUESTION
Will the Minister of MICRO, SMALL AND MEDIUM ENTERPRISES be pleased to state:
(a) whether any initiatives have been taken by Government to assist MSMEs gain access
to modern technology and digital transformation;
(b) if so, details thereof;
(c) whether Government is planning to introduce any fund or special credit scheme for such
activities; and
(d) if so, details thereof, if not, whether Government would consider the same?
ANSWER
MINISTER OF STATE FOR MICRO, SMALL AND MEDMUM ENTERPRISES
(SUSHRI SHOBHA KARANDLAJE)
(a) & (b): Ministry of MSME has undertaken several initiatives to access modern
technology and digital transformation of Micro, Small and Medium Enterprises (MSMEs). These
inter-alia, include Udyam Registration, MSME Champions Portal, Government e-Marketplace
(GeM), Trade Receivables Discounting System (TReDS), msmemart.com, MSME SAMBANDH
for monitoring of procurement by Central Public Sector Enterprises (CPSEs) from Micro and
Small Enterprises (MSEs) and MSME SAMADHAAN portals for filling applications regarding
delayed payment.
(c) & (d): The Ministry has been running various schemes to enable MSMEs access modern
technologies and digital transformation. These inter alia include MSME Green Investment and
Financing for Transformation Scheme (MSE GIFT Scheme), MSE Scheme for Promotion and
Investment in Circular Economy (MSE SPICE Scheme), MSME Sustainable (ZED) Certification
Scheme, Trade Enablement and Marketing (TEAM) Scheme.