MSME competitive scheme part of efforts to strengthen sector: PM Modi

PM Narendra Modi. | Photo Credit: ANI

Prime Minister Narendra Modi on March 13 said the government’s MSME Competitive (LEAN) scheme is part of its efforts to boost the MSME sector, which is a key pillar of India’s economic growth.

The government on March 10 launched the revised MSME Competitive (LEAN) scheme to make it more beneficial for businesses and stakeholders.

Under the revised scheme, the Centre’s contribution will be 90% of the implementation cost for hand holding and consultancy fees as against 80% previously.

In response to a tweet by MSME Minister Narayan Rane, the Prime Minister tweeted, ‚ÄúPart of our efforts to strengthen the MSME sector, which is a key pillar of India’s economic growth.

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