Jharkhand MSME Policy: Dedicated MSME directorate and More

By Consultants Review Team Thursday, 16 November 2023

The state government suggested a dedicated directorate of MSME at the state level and a District MSME Centre (DMC) in each district of the state in the draught Jharkhand MSME Policy 2023 announced on Wednesday for the development and growth of the MSME sector in Jharkhand. 

While the directorate will be in charge of implementing state and central government MSME schemes and programmes in the state, DMCs will provide necessary services and support to entrepreneurs in setting up MSMEs, such as Udyam registration, single-window clearances, and the expansion of manufacturing and service MSMEs in rural and urban areas, among other things. 

To begin, the state's current District Industry Centres (DICs) will be recognised as DMCs in the district to help MSMEs.

According to portal data, Jharkhand currently has over 3.5 lakh MSMEs registered on the Udyam platform. This represented 1.69 percent of the 2.08 crore Udyam MSMEs in India (excluding registrations through the Udyam Assist Platform).

The draught policy also proposed enacting the Jharkhand MSME Special Concession Act 2023, which would exempt MSMEs from all approvals and inspections required by state law in connection with the establishment or operation of an enterprise, such as permission, NOC, clearance, approvals, consent, registration, license, and so on. 

The government also stated that it will focus on cluster-based development of MSMEs to "position MSMEs on a level playing field with large players while retaining their integrity as individual businesses," according to the report. 

In addition, frequent training and workshops on the use of technology and new technology introduced in the MSME sector would be hosted at the district level, in addition to training and skill development programmes to be held regularly in MSME clusters. MSMEs will be encouraged to provide job-specific technical training and to undertake re-skilling initiatives in collaboration with local polytechnics, government research institutes, and training centres in this region.


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