CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which state has launched Rs 1, 110 crores ‘ReStart’ a new programme to support & boost the Micro, Small and Medium Enterprise sector in the State?
A
Telangana
B
Jharkhand
C
Andhra Pradesh
D
Tamil Nadu
Explanation: 

Detailed explanation-1: -MSMEs in India: A quick overview The state of Uttar Pradesh has the largest number of estimated MSMEs with a share of 14.20 percent of the total MSMEs in the country.

Detailed explanation-2: -With the presence of over 63 million MSMEs employing over 110 million people staggered across services, manufacturing sector contributes nearly 30% to the GDP. Maharashtra has about 48 lakh MSME accounting for about 8% of the total MSMEs in the country.

Detailed explanation-3: -India has a large 7.9 million registered Micro, Small and Medium Enterprises (MSMEs) base. The MSME Industry segment contributes 33% of the Country’s GDP and generates over 120 million jobs across industries and regions in the country contributing towards wealth creation at the grassroot level.

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