Government of India Ministry of MSME
Meghalaya

Meghalaya

Meghalaya is a state located in North-eastern India. It shares its borders with Bangladesh (Mymensingh and Sylhet to the south, Rangpur to the west) and India's State of Assam to the north and east. Meghalaya has area of about 8,660 square miles (22,429 square km), and population in 2014 was 3,211,474

Meghalaya has a vibrant MSME (Micro, Small, and Medium Enterprises) ecosystem. The MSME sector in Meghalaya plays a significant role in the state's economy. Meghalaya, known for its rich biodiversity, agriculture, and tourism potential, offers various opportunities for MSMEs to thrive and contribute to the state's development.

Meghalaya signed the Letter of Undertaking (LoU) with the Ministry of MSME, Government of India on 15th September 2022. It submitted its Strategic Investment Plan (SIP) on 18-Jan-2024 and RPC approved projects worth Rs. 44.804 Cr for Meghalaya.

The key projects approved are as follows:

  • Awareness Workshops (4/district/yr) (MSME Schemes/ Marketing, Pricing, Technology/ Certifications (Fssai, BIS, ISI, Organic Certification, Spice Board, Tea Board) (4 groups/district/yr)
  • Innovation & Research Centre set up
  • MeghaRise - advancement of the state's Farmers, wood artisans and Self-Help Groups (SHGs)
  • Development of State Level MSME Portal
  • One trade fair in each district for 50 MSMEs (3 days each) every year to promote outreach of products, Packaging and branding of honey, broomstick, and handloom, FSSAI Certification for honey
  • Digital Marketing - Engagement of Consultant from MoMSME for ONDC and GeM onboarding facilitation.
  • Incentivizing MSMEs: 1% of the bill amount of 1st Transaction shall be paid as a cashback with an upper limit Rs.5000.00
  • Upgradation of DCIC training centre / offices and industrial estates
  • Awareness generation and sensitization of 10,000 MSMEs to adopt new and green technology