Home India Ministry of Micro, Small and Medium Enterprises The Government implements ASPIRE (A Scheme for Promotion of ...
Date: 2025-12-16 Category: Press Release State: Union Government Country: India

The Government implements ASPIRE (A Scheme for Promotion of Innovation, Rural Industry, and Entrepreneurship) to promote entrepreneurship and livelihood opportunities in rural areas

Issued by Ministry of Micro, Small and Medium Enterprises · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This document details the Government's implementation of ASPIRE (A Scheme for Promotion of Innovation, Rural Industry, and Entrepreneurship) to foster entrepreneurship in rural areas. As of December 16, 2023, 109 Livelihood Business Incubators (LBIs) have been approved, and 1,16,726 beneficiaries have been trained under the scheme. The Ministry of MSME has launched the 'Yashasvini Campaign' on June 27, 2024 to empower women entrepreneurs across India. **Key Points / Main Content** * **ASPIRE Scheme:** * Aims to promote entrepreneurship and livelihood opportunities in rural areas. * Focuses on job creation through skill development, incubation, and support to micro-enterprises. * 109 LBIs approved nationwide. * 1,16,726 beneficiaries trained, with 18,444 becoming self-employed, 13,824 securing wage employment, and 1,141 micro-enterprises established. * **Data Collection and Beneficiary Demographics:** * Category (SC/ST/OBC/General) and gender-wise data collection started in 2022. * Since 2022, 56,721 beneficiaries trained; 27,970 women, 8,365 SC, and 9,311 ST. * **Initiatives for Women and SC/ST Entrepreneurs:** * Programs conducted by the Ministry of MSME field offices in coordination with state/UT industry departments and other stakeholders. * National Schedule Caste and Schedule Tribe Hub Scheme aimed at capacity enhancement. * Vendor Development Programmes (VDPs) are organized for SC/ST and Women. * **Yashasvini Campaign:** * Launched on 27.06.2024 to empower women entrepreneurs. * Focuses on formalization, credit access, capacity building, and mentorship through awareness campaigns. * **Financial Support and Subsidies:** * A new scheme to provide term loans up to Rs. 2 crore to Women, Scheduled Castes and Scheduled Tribes first-time entrepreneurs announced in Union Budget 2025. * Prime Minister's Employment Generation Programme (PMEGP) provides credit-linked subsidies for self-employment. * Women beneficiaries receive a higher subsidy (35%) compared to the general category (up to 25%). * **MSME Champions Scheme:** * Unifies and synergizes various schemes to modernize processes, reduce wastages, and improve competitiveness. * Components include MSME-Sustainable (ZED) Certification, MSME-Competitive (Lean), and MSME-Innovative (Incubation, Design & IPR). * **Export Facilitation Centers (EFCs):** * 65 EFCs established nationwide to support MSMEs in exporting products and services. * Provides mentoring, handholding support, export scheme information, training, and export compliance assistance. **Impact Analysis** **Entrepreneurs (especially Women, SC/ST):** * **Impact:** Increased access to entrepreneurship opportunities, skill development, financial support, and mentorship programs. * **Action Required:** Participate in available schemes and programs, leverage available resources, and seek assistance from MSME support structures. **Ministry of MSME/Industry Departments of States/UTs:** * **Impact:** Responsible for implementing and monitoring the effectiveness of the ASPIRE scheme and related initiatives. * **Action Required:** Coordinate with relevant stakeholders, conduct outreach programs, provide support to entrepreneurs, and track beneficiary data. **Micro-Enterprises:** * **Impact:** Opportunities for growth and development through access to support, modernization, and export facilitation. * **Action Required:** Utilize available schemes and resources to improve processes, reduce waste, and enhance competitiveness.

Key Entities Referenced

Ministry of Micro, Small & Medium Enterprises: The central ministry responsible for implementing various schemes mentioned in the document. ASPIRE (A Scheme for Promotion of Innovation, Rural Industry, and Entrepreneurship): A scheme implemented by the government to promote entrepreneurship and livelihood opportunities in rural areas. Prime Minister's Employment Generation Programme (PMEGP): A credit-linked subsidy programme aimed at generating self-employment opportunities through establishment of micro-enterprises. National Schedule Casteand Schedule Tribe Hub Scheme: Scheme aiming at capacity enhancement of SC/ST entrepreneurs. Yashasvini Campaign: Campaign launched by the Ministry of MSME to empower women entrepreneurs across India.
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Ministry of Micro,Small & Medium Enterprises The Government implements ASPIRE (A Scheme for Promotion of Innovation, Rural Industry, and Entrepreneurship) to promote entrepreneurship and livelihood opportunities in rural areas 109 LBIs approved across the country; 1,16,726 beneficiaries trained Ministry of MSME implements multiple initiatives to promote women and SC-ST entrepreneurs प्रव तथ: 16 DEC 2025 2:07PM by PIB Delhi ‘A Scheme for Promotion of Innovation, Rural Industry, and Entrepreneurship (ASPIRE)’ implemented by Ministry of MSME is aimed at promoting entrepreneurship and livelihood opportunities in rural areas. Its core objective is to create an enabling ecosystem for job creation through skill development, incubation, and support to micro-enterprises. As on date, 109 LBIs have been approved across the country. Under the Scheme, a total of 1,16,726 beneficiaries have been trained, out of which 18,444 have become self- employed, 13,824 have secured wage employment, and 1,141 micro-enterprises have been established. The ministry started collecting category (SC/ST/OBC/General) wise data & Gender wise data from 2022 onwards. Since 2022, out of the total 56,721 beneficiaries trained, 27,970 are women, 8,365 belong to the SC category, and 9,311 to the ST category.The Government, inter-alia, has taken the following initiatives to promote women and SC-ST entrepreneurs: i. To improve outreach among Entrepreneurs in the country including SC/ST and women, programmes are conducted by the field offices of Ministry of MSME, in coordination with MSME/ Industry Departments of States/UTs concerned and other stakeholders like CGTMSE, SIDBI, Banks, MSME Associations, etc. ii. Ministry of MSME implements National Schedule Casteand Schedule Tribe Hub Scheme aiming at capacity enhancement of SC/ST entrepreneurs. Further, Vendor Development Programmes (VDPs) for SC/ST and Women are organised under PMSS. Central Public Sector Undertakings also organise such VDPs. iii. Ministry of MSME launched the ‘Yashasvini Campaign’ on 27.06.2024 to empower women entrepreneurs across India through various schemes on formalization, access to credit, capacity building and mentorship through awareness generation about these schemes. iv. A new scheme to provide term loans up to Rs.2 crore to Women, Scheduled Castes and Scheduled Tribes first-time entrepreneurs has been announced in the Union Budget 2025 for promotion and development of MSMEs. v. Ministry of MSME implements Prime Minister’s Employment Generation Programme (PMEGP) which is a credit-linked subsidy programme aimed at generating self-employment opportunities through establishment of micro-enterprises in the non-farm sector by helping traditional artisans and rural/urban unemployed youth. Out of the total PMEGP beneficiaries, 39% are women and they are provided higher subsidy (35%) vis-a-vis general category of micro enterprises (upto 25%). vi. Ministry of MSME implements MSME Champions scheme with a holistic approach to unify, synergize, and converge various schemes with common purpose. The end objective is to pick up enterprises and modernize their processes, reduce wastages, sharpen business competitiveness, and facilitate their national and global reach and excellence. The scheme has three components which include MSME-Sustainable (ZED) Certification Scheme, MSME-Competitive (Lean) Scheme and MSME-Innovative (Incubation, Design & IPR) Scheme. vii. Ministry of Micro, Small and Medium Enterprises has established 65 Export Facilitation Centers (EFCs) across the country with the aim of providing requisite mentoring and handholding support to MSMEs in exporting their products and services. Export Facilitation Centres (EFCs) provide support to MSME exporters through comprehensive assistance across key areas. These include dissemination of information on exportrelated schemes and benefits, training and workshops on export compliance, handholding in export documentation and procedures, engagement with industry associations, State Governments, and DGFT to facilitate MSMEs. This information was given by the Minister of State for Micro, Small and Medium Enterprises (Sushri Shobha Karandlaje) in a written reply in Rajya Sabha. ***** AKS (रलीज़ आईडी: 2204536) आगंतुक पटल : 1474 इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही , Punjabi , Malayalam

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