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News attracts 5% GST. Ministry of MSME has approached Items Before After (GST) (GST) Ministry of Finance to consider the sector for exemption from GST or to ensure a seamless flow Hand operated mechanical 5% 18% of input tax credit in order for Khadi Institutions to appliances, weighing 10 kg or claim input tax credit. less, used in the preparation, conditioning or serving of food This Press Release is based on information or drink given by the Minister of State for MSME Shri Giriraj Singh in a written reply to a question in Rajya At present only Khadi yarn produced in Khadi Sabha on 10.08.2017. n sector is exempted, while other Khadi products Creation of employment opportunities through MSMEs he Micro, Small and Medium Enterprises play retail trade, legal, educational and social services, an important role in creating employment hotel & restaurants, transports and storage & Topportunities in the country. As per the warehousing (except cold storage), the total last Census (Fourth) of Micro, Small and Medium employment in the MSME sector was 805.24 lakh. Enterprises data collected with reference to base year 2006-07, as well as data extracted from the Details of targets fixed and achieved in respect Economic Census 2005 conducted by Central of employment generation under Prime Minister’s Statistical Office (CSO), Ministry of Statistics & Employment Generation Programme (PMEGP) Programme Implementation (MoSPI), for activities during the last three years and the current year in excluded from Fourth Census, namely wholesale/ the country is given below: Target for employment generation Estimated employment generated 2014-15 2015-16 2016-17 2017-18 2014-15 2015-16 2016-17 2017-18* All India 703492 516232 434758 406272 357502 323362 407840 150616 *(as on 31.10.2017) Following initiatives have been taken to and State level are being organized in order to achieve the targets under PMEGP Scheme: propagate the PMEGP scheme for the development In order to streamline the process of application of micro industries. flow and fund flow and to bring in transparency Exhibitions are also conducted at district/state/ and better financial management and to prevent zone and national level for providing marketing parking of funds at Nodal bank level an online PMEGP-MIS web portal has been introduced. All support to the entrepreneurs/units. applications and fund flow is processed online in For speedy completion of EDP training, stipulated time frame. these are being conducted through Departmental Publicity is being made through print and Training Centres as well as RSETIs/RUDSETIs as per electronic media, awareness camps at District level MOU executed between KVIC & MCR. 64 Laghu Udyog Samachar