Categories: Government Schemes

MSME Competitive (LEAN) Scheme, Strengthening the MSME Sector in India

MSME Competitive (LEAN) Scheme: MSME Champions Scheme is the parent scheme under which the MSME Competitive (LEAN) Scheme has been launched. MSME Competitive (LEAN) Scheme is also important for UPSC Prelims 2023 and UPSC Mains Exam (GS Paper 2- Governance schemes towards promoting the growth and development of various sectors including MSME Industry).

MSME Competitive (LEAN) Scheme in News

Recently, the Indian Prime Minister has shared the link of MSME Competitive (LEAN) Scheme. He said that this is a part of our efforts to strengthen the MSME sector. The MSME Sector is a key pillar of India’s economic growth. MSME Champions Scheme is the parent scheme under which the MSME Competitive (LEAN) Scheme has been launched by the government.

MSME Competitive (LEAN) Scheme

Union minister for Micro, Small and Medium Enterprises launched the MSME Competitive (LEAN) scheme 2023. He also maintained that LEAN has the potential to become a national movement.

  • Mandate: LEAN Scheme aims to provide a roadmap to global competitiveness for the MSMEs of India.
  • Eligibility and Coverage: All MSMEs registered with the UDYAM registration portal (of the MoMSME) will be eligible to participate in the Lean Scheme. They can avail related benefits/incentives.
    • LEAN Scheme is also open to Common Facilities Centres (CFCs) under SFURTI (Scheme of Fund for Regeneration of Traditional Industries) and Micro & Small Enterprises – Cluster Development Program (MSE-CDP) Schemes.
  • E-Certificates: E- Certificate towards participation under the scheme will be issued by Ministry of MSME after completion of Basic Level, Intermediate Level, and Advanced Level.
    • The list of MSMEs that have taken the Lean Pledge and achieved any Lean Implementation Level will be displayed on the Lean Scheme portal.

MSME Competitive (LEAN) Scheme Objectives

MSME Competitive (LEAN) Scheme aims to enhance the Domestic and Global Competitiveness of MSMEs through the application of various Lean Techniques that inter-alia includes-

Reduction In

  • Rejected Rates
  • Product and Raw Material Movements
  • Product Cost

Optimization Of

  • Space Utilization
  • Resources like Water, Energy, Natural Resources etc.

Enhancement Of

  • Quality in Process and Product
  • Production & Export Capabilities
  • Workplace Safety
  • Knowledge & Skills Sets
  • Innovative Work Culture
  • Social & Environmental Accountability
  • Profitability
  • Introduction & Awareness to Industry 4.0
  • Digital Empowerment

MSME Competitive (LEAN) Scheme FAQs

1. What is MSME Competitive (LEAN) Scheme?

Ans. MSME Champions Scheme is the parent scheme under which the MSME Competitive (LEAN) Scheme has been launched. The MSME Competitive (LEAN) Scheme is directed towards strengthening the MSME sector.

2. What is the mandate of MSME Competitive (LEAN) Scheme?

Ans. MSME Competitive (LEAN) Scheme aims to provide a roadmap to global competitiveness for the MSMEs of India.

3. Which ministry is implementing the MSME Competitive (LEAN) Scheme?

Ans. MSME Competitive (LEAN) Scheme is being implemented under overall supervision and guidance of Ministry of Micro, Small and Medium Enterprises (MSME).

Promotion of MSME in NER and Sikkim

FAQs

What is MSME Competitive (LEAN) Scheme?

MSME Champions Scheme is the parent scheme under which the MSME Competitive (LEAN) Scheme has been launched. The MSME Competitive (LEAN) Scheme is directed towards strengthening the MSME sector.

What is the mandate of MSME Competitive (LEAN) Scheme?

MSME Competitive (LEAN) Scheme aims to provide a roadmap to global competitiveness for the MSMEs of India.

Which ministry is implementing the MSME Competitive (LEAN) Scheme?

MSME Competitive (LEAN) Scheme is being implemented under overall supervision and guidance of Micro, Small and Medium Enterprises (MSME).

shivam

Recent Posts

Ganga River System Origin, Map and Tributaries

The Ganga is the longest river in India. The Ganga plays a very important role…

8 hours ago

MPSC Salary Structure and Job Profile 2024: Allowances, Perks, and Benefits

One of the main reasons why a large number of candidates participate in the PSC…

9 hours ago

MPSC Exam Date 2024 Out for 274 Posts, Check Prelims Exam Date

The Maharashtra Public Service Commission (MPSC) has already announced the MPSC Rajyaseva Exam Date for…

10 hours ago

UPSC Calendar 2025 Out, Check Exam Schedule for Prelims and Mains

UPSC Calendar 2025 Out: The UPSC Calendar 2025 has been released by the Union Public…

10 hours ago

UPPSC Previous Year Question Papers PDF Download With Solutions

Candidates preparing for the UPPSC Exam are advised to enhance their study strategy by utilizing…

11 hours ago

BPSC 70th Notification 2024, Exam Dates and Application Form

The Bihar Public Service Commission (BPSC) annually conducts the Service Examination to fill various Group…

11 hours ago