Question

the scheme to improve ease of doing business in the MSME sector is​

Answer 1

Explanation:

Ease of doing business scheme was introduced in India. MSME stands for micro small medium enterprise sector. In the scheme, one window service was initiated where all sorts of services and clearance were to be provided to people involved in MSME sector. More protection to workers and special reforms were introduced to support this sector as this sector is becoming a powerful sector when considering India's economy

Answer 2

The scheme to improve ease of doing business in the MSME sector is​ India's economic growth.

• For the MSME market, which can lead India's economic growth and generate jobs for millions across the country and contributes about 30 percent to the country's GDP, ease of doing business is primarily crucial.
• To promote the initiative, MSME ministry has introduced multiple measures including -

1. Online filing of Udyog Aadhaar Memorandum (UAM)
2. Digital Payments to pass on the benefits of the schemes of Ministry of MSME through  digital payment gateway.
3. Various portals for empowering micro and small businesses around the country to report their pending payment cases directly. Portals that will also help track the implementation of public procurement policies for micro and small enterprises.