MSMEs are small sized entity which are defined in terms of their investment made in manufacturing sector and in service sector. MSME functions under Ministry of Micro, Small & Medium Enterprises and act as a nodal agency for micro, small and medium enterprises. It provide support to different phases of MSMEs by formulating various schemes at Central and State level such as Credit linked finance assistance, Interest subsidy, Funding support for various activities Market assistance, International promotion, Technology upgradation etc. Rajasthan has 26.87 Lakh MSMEs and has created an opportunities for 46.33 Lakh employment with major thrust on growth of Women MSMEs (3,80,007 number).
There will be a dedicated MSME portal designed to expedite the know-how and collate information at one place for ease of all Micro, Small and Medium enterprises. MSME portal would provide holistic investment eco-system to investor with prime objective of providing ease in applying for related schemes and getting applicable benefits at earliest.