Trade Enablement and Marketing Scheme

Trade Enablement and Marketing Scheme Latest News

Recently, the Minister of state for Micro, Small & Medium Enterprises informed the Rajya Sabha about the Trade Enablement and Marketing Scheme.

About Trade Enablement and Marketing Scheme

• It is the sub scheme of the scheme ‘Raising and Accelerating MSME Performance’ (RAMP), which is a Central Sector Scheme. 
• The initiative will empower MSMEs with digital tools and guidance to effectively utilize the e-commerce marketplace.
• Objective: To support MSMEs to help them access different markets by integrating them with e-commerce platforms.
• Financial Outlay and Duration: The outlay is Rs. 277.35 Cr. for the duration of 3 years from 2024 to 2027.
• Eligibility Criteria: All the Udyam registered Micro and Small Enterprises (MSEs) under manufacturing and services sectors will be eligible for benefits under the Initiative.
• Targeted beneficiaries: It envisages benefiting 5 lakh Micro and Small Enterprises (MSEs) of which 50% are to be women owned MSEs.
• It focus on;
  • Connecting MSMEs with the ONDC Network.
  • Provides access to digital storefronts, integrated payment systems, and logistics support.
  • Reduce operational barriers and help businesses tap into wider customer bases.
  • It emphasizes formalizing operations and establishing digital transaction histories, which will enhance the credibility and trust of participating MSMEs.

• Implementing Agency:  National Small Industries Corporation (NSIC)

Source: PIB

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