Bharatiya Janata Party (BJP) has always been committed to protecting and empowering the interests of small and micro entrepreneurs.
This class is the backbone of the Indian economy and plays a vital role in the economic development of the country.
The BJP government has initiated several policy reforms and schemes for the development of small and micro entrepreneurs and to address their problems.
MUDRA SCHEME:
The Pradhan Mantri Mudra Yojana (PMMY) launched by the BJP government aims to provide loans without guarantee to small and micro entrepreneurs so that they can expand their business and become self-reliant. So far, lakhs of entrepreneurs have benefited under this scheme.
Self-reliant India campaign:
Under the Atmanirbhar Bharat Abhiyan led by Prime Minister Narendra Modi, financial assistance, new schemes and subsidies are being provided to small and micro enterprises so that they can stand strong in international competition. This is also creating new employment opportunities in the country.
Ease of Doing Business:
The BJP government has taken several reforms to promote ease of doing business.
The licensing process for enterprises has been simplified, the tax system has been made transparent and many processes have been made digitally easier, so that entrepreneurs get an opportunity to promote their work without any hindrance.
Simplification of GST:
Through Goods and Services Tax (GST), the BJP government has made the tax system simple and transparent for small traders.
Small entrepreneurs have been given exemption in GST, which can reduce their costs and make business easier.
Traders Welfare Board:
The BJP government has formed Traders Welfare Board for the welfare of traders, which solves the problems of traders and protects their interests.
Technology and Digital Transformation:
Small and micro enterprises are being benefited with digital marketing, e-commerce and other facilities by linking them with technology under the Digital India campaign.
With this, even small enterprises are making their mark in the national and international markets.
Networking and Training at National Level:
Training and networking opportunities are being provided to entrepreneurs by the BJP government through Khadi and Village Industries Commission (KVIC) and other institutions.
Through this, entrepreneurs are getting the opportunity to upgrade their business according to the latest technologies and market demands.
Schemes for all round development:
The BJP government has launched schemes for the overall development of small and micro entrepreneurs, like Startup India and Make in India.
These schemes provide impetus to new enterprises and empower them to compete in the global market.
The BJP government has always given priority to the interests of small and micro entrepreneurs and has taken concrete steps for their development.
BJP's policies encourage entrepreneurs to become self-reliant and empower their businesses, leading to rapid growth in the country's economy.
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