New Delhi, Jan. 16 -- NITI Aayog has proposed the convergence of government schemes for micro, small and medium enterprises (MSMEs) that are currently spread across multiple ministries to improve coordination, reduce duplication, and enhance access for beneficiaries.
The proposal is outlined in a report titled Achieving Efficiencies in MSME Sector through Convergence of Schemes, prepared by the Administrative Staff College of India (ASCI), Hyderabad. The report was released on Thursday by NITI Aayog member Arvind Virmani and chief executive officer B.V.R. Subrahmanyam.
According to the report, the Ministry of MSME operates 18 schemes covering credit, skill development, infrastructure, marketing support, innovation, technology upgradatio...
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