Question
What is the maximum permissible implementation cost for
advanced level, under the scheme that aims to enhance MSMEs’ productivity, efficiency, and competitiveness by reduction of wastages in processes, etc.?Solution
MSME-Competitive (Lean) The Scheme was launched on 10th March 2023 with an objective to enhance MSMEs’ productivity, efficiency, and competitiveness by reduction of wastages in processes, inventory management, space management, energy consumption, etc. by adoption of lean manufacturing techniques. These may include techniques for reduction in wastages (reduction in rejection rate, product and raw material movement, product cost), optimisation of space and resource utilisation and enhancement of quality, workplace safety, export capabilities, digital empowerment, etc. Assistance
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