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MSME Scheme “LEAN” offers for Small Manufacturers

Published on March 12, 2023
Current context: The scheme is only available for manufacturing units only during the launch. This scheme was launched to reduce the wastage for wastages in manufacturing processes.
MSME Scheme “LEAN” offers for Small Manufacturers
  • Subsidy limit increased to 90%. Earlier it was 80%.
  • Additional subsidy of 5% to MSME’s under the government’s SFURTI clusters. These are only run by women or SC-ST entrepreneurs in the northeast region.
  • Organizations under Overall Equipment Manufacturing (OEM) will get extra 5% subsidy on the implementation cost.
  • It aims at using lean manufacturing techniques by Udyam-registered MSME’s to reduce production cost.
  • The scheme’s implementation agencies include National Productivity council and Quality Council of India.

Question:

Q.1 The MSME scheme “LEAN” scheme’s implementation agencies include
a. RBI
b. SIDBI
c. National Productivity council and Quality Council of India
d. CCI
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