Year End Review 2025: Ministry of MSME
Context:
The Ministry of Micro, Small & Medium Enterprises (MSME) released its Year End Review 2025
Key Initiatives & Achievements:
Revised MSME Definition:
To help MSMEs scale, the Union Budget 2025-26 increased investment and turnover limits, effective from April 1, 2025.
Formalization:
Udyam Registration Portal that was launched in 2020 facilitates free, paperless registration.
Udyam Assist Platform (UAP) aims to bring Informal Micro Enterprises (IMEs) into the formal fold and enable them to avail Priority Sector Lending (PSL) benefits.
Over 7.30 crore enterprises have registered across both platforms as of December 2025.
PM Vishwakarma Scheme:
The objective is to support traditional artisans and craftspeople.
It successfully achieved the target of 30 lakh beneficiary registrations within two years of implementation.
Credit Guarantee Scheme (CGSMSE):
Recently the scheme has completed celebrating 25 years
It has enhanced its guaranteed coverage ceiling to ₹10 crore to improve credit accessibility for micro and small enterprises.
PMEGP Performance:
Since inception, the Prime Minister's Employment Generation Programme has assisted over 10.71 lakh micro-enterprises, generating estimated employment for more than 87 lakh persons.
Since June 2025, applications are accepted in 19 regional languages.