Abstract

Government schemes for Small and Medium Scale Industries (SMEs) are designed to address key challenges such as limited access to finance, outdated technology, and inadequate infrastructure. These schemes offer financial assistance, skill development, technology upgradation, and market access support. However, their effectiveness is often hindered by issues like bureaucratic inefficiencies, lack of awareness, and complex application processes. This study evaluates the awareness, utilization, and impact of government schemes on SMEs in Bangalore. Surveying 120 respondents, including business owners and employees, the study found that while there is broad awareness of government schemes, some initiatives, like "Make in India" and "Startup India," remain less recognized. The MSME Development Act is the most widely used scheme, with respondents benefiting from financial aid, technical assistance, and infrastructure support. Government websites and business associations were the most trusted information sources.The study also revealed that government schemes positively impact business performance, particularly in terms of financial outcomes and growth. However, challenges such as complex eligibility criteria, misleading information, and difficult application procedures persist. The findings suggest the need for improved communication, simplified processes, and better transparency to enhance the effectiveness and reach of government schemes, fostering greater SME growth in Bangalore and beyond.