Good News, IDR 2.4 Million BLT UMKM Again This Year

Good News, IDR 2.4 Million BLT UMKM Again This Year – Productive Banpres Program for Micro Enterprises or BLT UMKM will be continued this year. The Minister of Cooperatives and SMEs Teten Masduki revealed six of his ministry's programs for 2021. These include the fields of cooperatives, micro businesses, SMEs, entrepreneurship, distribution of revolving funds, and strengthening product marketing.

"In the field of cooperatives, we are targeting the outcome of realizing modern cooperatives," said Minister of Cooperatives and SMEs Teten Masduki in a Working Meeting with Commission VI of the Indonesian Parliament at Senayan Jakarta, Thursday (21/1/2021).

He said modern cooperatives would be developed through expanding cooperative business models and facilitating the use of technology through digitizing cooperatives. Apart from that, through financing and guaranteeing cooperatives with capital schemes, implementing good corporate governance of cooperatives through an integrated supervisory system, and developing cooperative human resources and functional positions.

Meanwhile, for micro-enterprises, it is hoped that the outcome will be achieved in the form of the realization of upgraded-class micro-enterprises. For this reason, his party encourages micro business financing through facilitation of capital strengthening, ease of permits and protection in the area of public infrastructure, development of micro business supply chains through standardization and marketing network schemes. Then the capacity building of micro businesses through informal to formal transformation.

The SME field with the outcome of encouraging actors to enter the export market through Investment Development and SME Through Financing Schemes/Systems and Investment Potential and Development of SME Human Resources Through Training Facilitation and Assistance and Development of Export-Based SME Areas/Clusters. Furthermore, Regional Development and SME Supply Chain Based on Regional Potential and Partnerships and Expansion of Market Access Through Scaling Up SME Products.

Then for the Entrepreneurship sector with the outcome of Increasing the Entrepreneurship Ratio which is currently 3.47%.

"We will focus on Business Consulting and Business Assistance Services and Information Technology Development and Business Incubation Through Facilitation," he said.

This is supported by the Development of Business Ecosystems through Cooperation between the Business World and the Industrial World as well as Universities and Entrepreneurial Funding through Expansion of Access to Financing and Facilitation of Capital.

Meanwhile, the Revolving Fund Management Institution for Micro, Small and Medium Enterprises Cooperatives (LPDB-KUMKM) will also be strengthened to distribute Revolving Funds for Cooperatives Directed to the Real Sector Focused on Sub.

Agriculture, Forestry (Social Forestry), Animal Husbandry, Fishery, Plantation and Strategic SME Sectors.

Furthermore, the capacity of the Micro, Small and Medium Enterprise Cooperative Marketing Service Institution (LLP-KUMKM) will be increased in serving local, regional and international marketing and trade. "We will encourage the development of SMESCO HUB for Eastern Indonesia supported by training and development of the Sparc Program," said Teten.

On the other hand, he added that Productive Presidential Assistance for Micro Business Actors in 2020 had also been distributed to 12 million micro businesses (100%) with a budget value of IDR 28.8 trillion.

However, until now not all of it has been disbursed by banks, this is because there are still social restrictions. Therefore, we submit consideration to the Ministry Finance in order to provide disbursement concessions until January 31, 2021.

Based on the results of a monitoring survey by the National Team for the Acceleration of Poverty Alleviation (TNP2K) of the Secretariat of the Vice President of the Republic of Indonesia and the Ministry of Cooperatives and SMEs with a total of 1,261 respondents, the majority of 88.5% Utilized funds for productive activities, especially purchasing raw materials, and 69% had disbursed and 31% had not disbursed constraints is still in the activation process and has not yet had a disbursement time.

Data sources of 12 million micro entrepreneurs were proposed by BUMN/BLU as many as 5.4 million, Services in charge of Provincial/DI, Regency and City Cooperatives and MSMEs as many as 5.2 million, Banking as many as 868 thousand, Cooperatives as many as 294 thousand, and Ministries/ Institution 132 thousand.

The BRI survey proved that the utilization of the Productive Presidential Assistance for Micro Businesses showed that 75.41 TP3T was used to purchase raw materials/seeds/kitchen goods, and 44.81 TP3T of MSME respondents were still operating due to increased business after receiving the Productive Presidential Decree for Micro Business Actors and 51. 5% of MSME respondents who were temporarily closed became operational again.

The 2021 Productive Presidential Assistance Program Plan for Micro Enterprises, the Ministry of Cooperatives and SMEs has sent a letter to the Ministry of Finance with Number 79/M.KUKM/XII/2020, December 14 2020, regarding the Proposal for the Continuation of the Productive Presidential Assistance Program for Micro Business Actors TA. 2021, the proposed additional budget is IDR 28,800,000,000,000.

This number is targeted at 12 million Micro Enterprises who will be given direct assistance of IDR 2.4 million.

The distribution of the presidential ban will be prioritized from the aspect of equity between regions and those who have not received presidential assistance and those who have received presidential assistance will be directed to access Micro People's Business Credit (KUR) financing.

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