MSME Competitive (LEAN) Scheme
On 10th March, 2023, Ministry of Micro, Small & Medium Enterprises (MSMEs) launched the MSME Competitive (LEAN) Scheme.
Objectives
The objectives of the Scheme are to enhance the manufacturing competitiveness of MSMEs through the application of various Lean Manufacturing (LM) techniques by;
- Reducing waste;
- Increasing productivity;
- Introducing innovative practices for improving overall competitiveness;
- Inculcating good management systems; and
- Imbibing a culture of continuous improvement.
Salient Features
Nodal Agency: National Productivity Council (NPC)
Eligibility: The Scheme is open to Micro, Small or Medium as per the definition of the MSME Act. (The Micro, Small and Medium Enterprises Development Act, 2006.) The units are required to form a ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 India Lists First Mortgage-Backed Pass Through Certificates on NSE
- 2 Bond Forward in G-Secs
- 3 4th Phase of Consolidation of Regional Rural Banks
- 4 SIDBI’s Report on MSME Sector
- 5 Expansion of the Credit Guarantee Scheme for Startups
- 6 RBI’s Surplus Transfer: A Catalyst for India’s Economic Growth
- 7 RBI’s Digital Lending Directions 2025
- 8 RBI Recognises FIMMDA as SRO
- 9 Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme
- 10 MSP for Jute