NITI Aayog today released a report titled Achieving Efficiencies in the MSME Sector through Convergence of Schemes. The report was launched by NITI Aayog CEO B V R Subrahmanyam in New Delhi.
The report outlined a strategic roadmap to strengthen the effectiveness of government support for the country’s Micro, Small and Medium Enterprises (MSMEs). The Aayog informed that the report evaluates existing government schemes and programmes for the MSME sector and assesses the current level of convergence among them.
Addressing the gathering, Mr Subrahmanyam said that the report highlights that schemes with similar target groups can be converged. He added that the report further recommends the convergence of skill development part of different schemes. The NITI Aayog CEO highlighted that the report also suggests the creation of a centralised portal for integrating MSME schemes.
The event was also attended by Secretary of the Ministry of Micro, Small and Medium Enterprises, S C L Das. Speaking on the occasion, Mr Das said that the Ministry will take this agenda forward and called the initiative of NITI Aayog helpful for the MSME sector and the government.
