As per the report public procurement from MSMEs by 133 Central Public Sector Enterprises (CPSEs) and one division has elevated by virtually 100% to Rs 75,742 crore in FY24, up from Rs 38,432 crore in FY23.
Whole procurement by CPSEs and departments reached Rs 2,13,685 crore in FY24, a virtually 100% enhance from Rs 1,07,988 crore in FY23.
The ministry additionally reported conducting 85% of its transactions digitally, amounting to Rs 84,046 crore within the earlier monetary 12 months, as a part of the “Digidhan Mission”.”
Among the many MSMEs registered on the Udyam and Udyam Help Platform (UAP), the report factors out that 45% of the enterprises belong to the buying and selling sector, whereas 36% and 19% are from the providers and manufacturing sectors, respectively.
MSME registrations additionally confirmed their geographic focus in a couple of states similar to Uttar Pradesh, West Bengal, Gujarat, Rajasthan and Andhra Pradesh.
