SAMBHAV Awareness Programme: MSMEs

• 28 Oct 2021

Why in News

Recently, the Ministry of Micro, Small & Medium Enterprises (MSME) has launched an e-National Level Awareness Programme SAMBHAV.

Key Points

• About:
  
  • It is a mass outreach programme under the Ministry of MSME in which students from different colleges/ITIs from all parts of the country will be encouraged by 130 field offices of the Ministry to take up entrepreneurship.
  • During the campaign the college students will be made aware of the various schemes being implemented by the Ministry of MSME through Audio/Video film presentations.
• Objective:
  
  • To promote engagement of the youth in promoting entrepreneurship, boost domestic manufacturing with a view to push economic growth.
• Need:
  
  • The government is working to increase the contribution of MSME in Gross Domestic Product (GDP) and exports.
    
    • Enhancing the GDP contribution from present 30% to 50%, and employment generation in MSME sector from 11 crore to 15 crore has been stressed.
• Related Initiatives:
  • Women Entrepreneurship Platform (WEP)
  • Venture Capital Scheme for Agri-Business Development
  • Pradhan Mantri Mudra Yojana
  • Generation Unlimited in India (YuWaah)
  • National Career Service
  • Prime Minister’s Employment Generation Programme (PMEGP)
  • Pradhan Mantri Rojgar ProtsahanYojana (PMRPY)
  • Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA)

Source: PIB