MSME Ministry’s TEAM Initiative to onboard 5 lakh MSEs

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MSME Ministry’s TEAM Initiative to onboard 5 lakh MSEs

Schemes
MSME Ministry’s TEAM Initiative to onboard 5 lakh MSEs

The MSME TEAM Initiative is currently conducting district-level workshops to onboard 5 lakh small businesses onto the ONDC network. It operates as a sub-scheme of the World Bank-supported RAMP scheme under the Ministry of Micro, Small and Medium Enterprises.

MSME TEAM Initiative

Dimension Key Details
Scheme linkage TEAM Initiative is a sub-scheme of the RAMP Scheme.
RAMP scheme nature RAMP is a World Bank-supported central sector scheme.
RAMP scheme design RAMP scheme is designed to improve market access, credit availability, and technology adoption for Indian MSMEs.
Aim TEAM provides for strengthening market access, branding, digital storefronts, and export opportunities for Micro and Small Enterprises (MSEs) through ONDC.
Nodal ministry The initiative is governed by the Ministry of Micro, Small and Medium Enterprises.
Launch year The initiative has been launched in 2024.
Duration The initiative applies for 3 years, covering FY 2024 to 2027.
Implementing agency Implementation is governed by the National Small Industries Corporation (NSIC).
Target beneficiaries The initiative comprises a target of 5 lakh MSEs, and mandates that 50% of beneficiaries are women-owned enterprises.
Beneficiary categories Beneficiaries comprise primary beneficiaries (Micro and Small Enterprises (MSEs), startups, MSME manufacturers, and service providers) and secondary beneficiaries (workers, logistics providers, local communities, and consumers).
Eligibility Eligibility applies to Udyam registered Micro and Small Enterprises (MSEs) under manufacturing and services sectors, and provides for no direct individual beneficiaries.
Coverage Coverage applies pan-India through district-level workshops and ONDC integration.
Financial subsidies Financial support provides for ₹2,500 subsidy for cataloguing and ₹5,000 for account management.
Institutional handholding NSIC provides for mentoring by organising district-level workshops to guide sellers through the onboarding process.
Technical infrastructure Technical infrastructure provides for access to the TEAM Portal and Seller Network Participants (SNPs) as the software interface to plug into ONDC.
Specialised training modules Training provides for curriculum-based sessions on digital marketing, SEO, and online dispute resolution.
Gender-focused quota The initiative mandates 50% reservation or target for women-owned MSMEs.
Localised support Localised support provides for implementation of e-commerce tools in regional languages for non-English speaking entrepreneurs.
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Implementation of the MSME TEAM Initiative is governed by: