Skill, Employment and Talent for MSMEs: Nearly 1 lakh jobs have been created by more than 11,000 MSMEs registered in the northeastern state of Manipur as of the end of July this year, according to Chief Minister N. Beren Singh. Citing government data, Singh tweeted that a total of 11,172 MSMEs were registered from Manipur as of July 30, 2021, creating huge job opportunities for 99,568 jobs. He added that we are starting to see the fruits of our initiatives such as Start-Up Manipur, TRIFED, etc.
“I am very proud to share that Manipur is one of the highest ranked states in the Northeast region in both MSME registration and job generation in Government of Iraq analysis of Odiam registration data,” the Prime Minister tweeted.
Praising the creation of nearly 1 job, Prime Minister Narendra Modi, who is visiting Italy and the UK for the G20 and COP26 summits, tweeted on Saturday, “Well done Manipur! Keep up the good work to tap into the strength of the MSME sector for promoting the progress of the state.
As of October 31, 2021, data from Udyam registration portal showed that 16,187 MSMEs were registered in Manipur including 15,984 small units, 195 small businesses and eight medium enterprises. However, among the eight northeastern states, Assam topped the tally of MSME registration with 56,658 units registered on the Odyam gate, followed by Manipur with 5,135 SMEs registered in Tripura, 2,283 in Mizoram, 2,156 in Nagaland, and 1,841 in Arunachal Pradesh, 1568 in Meghalaya, and 1109 in Sikkim.
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Although they only account for 1.5 percent of India’s MSME base, Northeast India’s MSMEs contribute about 62 percent to the economy in terms of employment, production and exports, according to an October 2020 report by the Bank of India. Indian Export and Import (India Exim) Bank and UNDP titled Micro, Small and Medium Enterprises in North East India. The majority of MSMEs in the region are women’s owned and operated cottage industries including agriculture, hand looms, etc.
While the geographical location of the region to the countries of the south and southeast gives it a commercial advantage, its share in India’s total trade has remained constant, constantly hovering in the 1-2 per cent range, contributing only 5 per cent of the total. According to the report, exports from India are to Bangladesh, Myanmar and Bhutan.
The Udyam portal was launched on July 1, 2020, replacing the Udyog Aadhar Memorandum (UAM). As of October 31, 2021, 54.68 lakh MSMEs (new companies and those migrating from UAM and EM-II) across India are registered on the new portal. In June of this year, the government extended the validity period of EM-II or UAM registered MSMEs from March 31, 2021 to December 31, 2021, in order to introduce the new portal.