The total employment reported by micro, small and medium enterprises (MSMEs) registered with the government has crossed the 23 crore mark. According to official data from the Ministry of MSMEs, 5.49 crore MSMEs registered on the government’s Udyam portal have reported 23.14 million jobs, as against 13.15 million jobs created by 2, 33 crore till August last year, adding 10 million jobs in the last 15 years. months. They are connected.
5.23 crore female employment is also included
Total employment also includes 2.84 million jobs and 5.23 million women’s jobs in 2.38 million informal micro-units registered with the government through business certification. Of the total registered units, 5.41 crore are micro enterprises, while small enterprises are 7.27 lakh and medium enterprises are only 68,682. At the time of launch of the Udyam portal in July 2020, 2.8 million MSME jobs were registered.
0.07 lakh in non-captive power generation and transmission
However, according to the National Sample Survey (2015-16) cited in the annual reports of the Ministry of MSMEs of recent years, the MSME sector comprises 6.33 crore unorganized non-agricultural units, which has created 11.10 million jobs (360.41 lakh in manufacturing, 0.07 lakh in non-captive power generation and transmission, 387.18 lakh in trade and other services. 362.82 lakh) have been generated.
46.7 million jobs in the country
According to RBI data, 46.7 million jobs (4.67 crore) were created in the country in FY24, taking the total number of jobs to 643.3 million (64. 33 crore). According to the Economic Survey 2023-24, the share of agricultural employment remained at more than 45 per cent, which is equivalent to around 25-29 crore jobs. The number of jobs in MSMEs has increased since 2020, but due to the closure of many MSMEs, jobs have also been lost.
Data shared in Parliament
According to data shared in Parliament by MSME Minister Jitan Ram Manjhi in July this year, 49,342 MSMEs have closed since 2020 and a total of 3,17,641 jobs were lost due to closure of MSMEs. “Due to various reasons like change of business owner, certificate no longer required, duplicate registration and other similar reasons, MSMEs are either deregistered or shown closed on the portal,” Manjhi said in a written reply to a Lok Sabha question.
