Haryana approves draft of PADMA Scheme

IEP Chandigarh, October 19

The State Council of Ministers, which held its meeting today under the Chairmanship of Chief Minister, Sh. Manohar Lal here today gave nod to the draft of the Program to Accelerate Development of MSME Advancement (PADMA) scheme aimed at designing and implementing developmental interventions focused on micro and small enterprises at the block level, by leveraging cluster approach and to give a thrust to sustainable employment and entrepreneurship opportunities as well as promote balanced regional growth. After the approval, the scheme will be notified.

The scheme further aims to set up 143 new clusters (one in each block) of MSMEs over about 4000 acres of land, enable the setting up of 10,000 plus new enterprises, attract new investments of Rs. 25,000-30,000 crores, creation of 3,00,000 new employment (direct and Indirect), designing and implementing developmental interventions focused on micro and small enterprises at block level by leveraging cluster approach.

Furthermore, the scheme also aims to give a thrust to sustainable employment and entrepreneurship opportunities, encouraging holistic socio-economic development and a robust industrial ecosystem at the block level, empowering the state’s youth to set up new enterprises by providing them opportunities to grow and be a part of the formal economy and promotion of locally relevant products and provide an opportunity to state farmers to broaden their horizon- from producers to processors.

Meanwhile, considering the high industrialization prevalent in Haryana with the production of a wide array of products, the State Government has gone a step ahead than the One District One Product concept and launched a One Block One Product initiative Program to Accelerate the Development of MSME Advancement (PADMA) on February 23, 2022, and the Chief Minister had further approved the same on August 10, 2022.

The initiative aims at building an Aatmanirbhar Bharat by focusing on developmental interventions for the enablement of micro and small enterprises at the block level by leveraging a cluster approach. This will give a thrust to sustainable employment and entrepreneurship opportunities as well as promote balanced regional growth

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