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Number of folks educated, placed by MSME Tool Rooms, NSIC, KVIC, other govt entities declines in FY21

The quantity of folks educated, certified, and placed by six crucial government enterprises beneath the MSME Ministry has witnessed a decline in monetary year (FY) 2020-21 from FY20. A total of 2.18 lakh folks have been educated and certified as of February 28 in FY21 by MSME development bodies NI-MSME, NSIC, Tool Rooms, khadi and village sector body KVIC, Coir Board, and World Bank-assisted Technology Centre Systems Programme (TCSP), down 47 per cent from 4.14 lakh through FY20 and 34 per cent from 3.36 lakh in FY19, out there information from the MSME Ministry showed. Likewise, the total placement in terms of wage and self-employment also declined 25 per cent from 93,647 in FY20 and 21 per cent from 88,484 in FY19 to 69,831 till February-finish in FY21.

“MSMEs had started to suffer post demonetization but they were gradually recovering from it in the past three-four years. While they were improving, Covid struck and government and banks had to come up with multiple schemes in terms of capital support, deferred payments, NPA norms, etc., However, this should have been done two years back. These government enterprises are connected to MSMEs to provide them with support in terms of training and employment or self-employment. If these policies were there before Covid, MSMEs would have resisted the Covid impact and employed this trained manpower. Nonetheless, we should see the numbers stabilize towards the end of this year unless there is a third wave,” Vijay Kalantri, President, All India Association of Industries (AIAI) and Chairman, MVIRDC World Trade Center, Mumbai told TheSpuzz Online.

Number of folks educated and placed in FY21 (Till Feb 28)

Comments from the MSME Ministry on the decline in educated personnel and placement weren’t quickly out there.

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Tool Rooms had led the count with 1.09 lakh folks educated in FY21 even so it could spot only 8,646 candidates. KVIC placed the highest quantity of candidates – 60,797 out of 69,081 educated and certified. While NI-MSME and Coir Board had educated 9,217 and 4,548 folks respectively through the year, their placement stood zero.

Importantly, the MSME Ministry’s Entrepreneurship Skill Development Programme (ESDP) has witnessed more than 5.5x development in the quantity of trainees getting into the programme in almost 18 months, TheSpuzz Online had reported on Monday. From 3,535 programmes involving 49,548 trainees about January last year, 8,164 programmes have been organised involving 2,73,866 trainees as of June 7, 2021, information out there with the Development Commissioner (MSME), Ministry of MSME had showed.

On the other hand, the quantity of micro-enterprises set up beneath the Modi government’s self-employment initiative Prime Minister’s Employment Generation Programme (PMEGP) had witnessed a 9.2 per cent decline from 73,427 PMEGP micro-enterprises set-up in FY19 to 66,653 in FY20, according to the government information. Implemented by the Khadi &amp Village Industries Commission (KVIC), the estimated employment generated by way of the beneficiary units simultaneously also declined from 5.87 lakh in FY19 to 5.33 lakh in FY20.

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