- 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 includea. RBI
b. SIDBI
c. National Productivity council and Quality Council of India
d. CCI