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Employment & Entrepreneurship

Summary

83%

Loans Sanctoned under Mudra Yojana

150821378

Loans Sanctoned under Mudra Yojana

150821378

Total no. of StartUps recognized

14634

Total no. of StartUps recognized

14634

Creating Skilled Workforce (Total Candidates)

3319784

Creating Skilled Workforce (Total Candidates)

3319784

13,000 training centres opened across India training in 375 trades

More than 14,634 Total no. of StartUps recognized

More than 15 Crore Mudra loans sanctioned

Number of Mobile manufacturing units reached 127 from only 2 units

Loans of Rs. 1 crore to be sanctioned to GST registered MSMEs in 59 minutes

Under CGT-MSE in 2014-18, guarantee applications with coverage of over Rs. 8,000 Cr were approved

During 2014-18, the Govt. assisted over 22,33 MSMEs to participate in 848 exhibitions

Over 6 lakh youth trained & 3.5 lakh placed under the Deen Dayal Upadhyay Grameen Kaushalya Yojana

24.5 lakh youth trained and over 16.12 lakh placed through 587 Rural Self-Employment Training Institutes

Under Startup India: tax relief for three consecutive years out of a block of seven years for start-ups' is granted

Startups are allowed to issue ESOPs to promoters working as employees

Funding the unfunded through Mudra Yojana: Budget allocation for 2018-19 raised to Rs. 3 lakh crore, a rise of 20% over the previous year

Rural Employment for Rural Development through MNREGA Payment of wages to workers within 15 days in 85% of the cases as compared to long delays in the past

Shrameva Jayate for Labour Welfare: Minimum wages increased by 42%, directly benefiting 55 lakh workers

Seventh Pay Commission benefited 50 lakh employees and 35 lakh pensioners

Contribution of 12% to EPF for new employees for three years by the Government in sectors employing large number of people like textile, leather and footwear

More than 1 crore taxpayers registered with GST. The number of registered taxpayers used to be 65 lakh earlier

More than 1.01 crore additional workers enrolled with EPFO and more than 1.3 crore workers registered with ESIC post-demonetisation

OpEd

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