![]() Branch of Government of India | |
![]() Ministry of Micro, Small and Medium Enterprises | |
Agency overview | |
---|---|
Jurisdiction | Government of India |
Headquarters | Ministry of Micro, Small and Medium Enterprises Udyog Bhawan Rafi Marg New Delhi, 110011 |
Annual budget | ₹22,138 crore (US$2.7 billion) (2023–24 est.)[1] |
Ministers responsible |
|
Website | msme |
The Ministry of Micro, Small and Medium Enterprises is the ministry in the Government of India. It is the apex executive body for the formulation and administration of rules, regulations and laws relating to micro, small and medium enterprises in India. The Minister of Micro, Small and Medium Enterprises is Jitan Ram Manjhi.
The statistics provided by the annual reports of Ministry of Small and Medium Enterprises (MSME) shows a rise in the plan amount spent on the khadi sector from ₹1942.7 million to ₹14540 million, and non-plan amounts from ₹437 million to ₹2291 million, in the period from 1994–95 to 2014–15. The interest subsidies to khadi institutions increased from ₹96.3 million to ₹314.5 million in this period.[citation needed]