The Financial Road Map Flashcards
What is full PMEGP?
Prime Minister’s Employment Generation Programme
Describe CGTSME
Credit Guarantee Trust Fund for Micro & Small Enterprises
I which scheme the Collateral free loan up to a limit of ₹ 100 lakh is available for individual MSE on payment of guarantee fee to bank by the MSE.
CGTSME
Marketing Promotion Schemes includes following two scheme
- International Cooperation Scheme (IC)
- Procurement and Marketing Support Scheme (P&MS)
The Procurement and Marketing support Scheme would cover the following activities:
- To encourage Micro and Small Enterprises (MSEs) to develop domestic markets and promotion of new market access initiatives.
- To facilitate market linkages for effective implementation of Public Procurement Policy for MSEs Order of 2012.
- To educate MSMEs on various facets of business development.
- To create an overall awareness about trade fairs, latest market technique and other such related topics etc.
Schemes of National Small Industries Corporation (NSIC)
- Single Point Registration Scheme (SPRS)
- Credit Support
- Raw Material Distribution
- Consortia & Tender Marketing Scheme
- NSIC Technical Services Centers
- E-Marketing/ Digital Services facilitation for MSMEs
- National Scheduled Caste And Scheduled Tribe Hub
Technology Upgradation and Quality Certification
- MSME Champions Scheme (Erstwhile CLCS-TUS)
- MSME-Sustainable (ZED)
- MSME-Competitive (Lean)
- MSME-Innovative(for Incubation, IPR, Design and Digital MSME)
Full form of SANKALP?
Skill Acquisition and Knowledge Awareness for Livelihood Promotion
SANKALP has three key result areas
1.Institutional Strengthening at Central, State and District level;
2. Quality Assurance of skill development programmes; and
3. Inclusion of marginalized population in skill development programmes.”
Full form of MSDE
Ministry of Skill Development and Entrepreneurship
Full form of PMKVY
PRADHAN MANTRI KAUSHAL VIKAS YOJANA
Objectives of PMKVY are
- Promote an enabling ecosystem for the youths to get skilled and choose a career path aligned with their abilities and aspirations.
- Enable delivery of skill training in a market-oriented and demand driven manner by making the existing skilling ecosystem more flexible, swift, and geared to meet the emerging demand along with emphasis on improving the employability of candidates.
- Process simplification of the skill ecosystem by leveraging technology and digitalization.
- Enhance access to skilling by setting up a network of skill development infrastructure in
remote parts of the country to cater to the needs of difficult geographies such as hilly terrain, LWE-effected areas, border areas,
etc. by designing special projects. - Improve inclusivity by ensuring that SC, ST, women, and other marginalized communities can undertake skill training and eventually access gainful wage and self-employment.
- Provide opportunity for lifelong skilling through the crucial pillars of upskilling and reskilling to address the dynamic needs of the
ever-changing market. - Quality training delivery through trained pedagogy, standardized assessments, and industry relevant curriculum.
- Facilitate to enhance employability of candidates through training in transferable
skills and incentives for employment generation. - Provide candidate-centric training
with emphasis on industry relevant skills.
Implementation Strategy under PMKVY
- Policy Framework
- Regulatory framework
- Implementing Agency
- Training Providers
- Sector Skill Councils
Skill India Digital (SID) provide
platform which will bring whole of
government approach to skilling.
Training provided under PMKVY 4.0
- Short-Term Training (STT)
- Recognition of Prior Learning
(RPL) - Special Projects
