Question
According to the notification issued by the Ministry of
MSME on 26 February 2026, the National Small Industries Corporation (NSIC) was upgraded from which CPSE category to Schedule βAβ status?Solution
The National Small Industries Corporation Ltd. (NSIC) was upgraded from Schedule βBβ CPSE status to Schedule βAβ CPSE status through a notification issued by the Ministry of Micro, Small and Medium Enterprises on 26 February 2026. Schedule βAβ status provides greater managerial authority, operational flexibility, and enhanced financial powers to the organisation. NSIC is a central public sector enterprise that has worked for more than seven decades to promote and support MSMEs through services such as skill development, marketing assistance, credit facilitation, and capacity-building programmes.
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