Govt to announce revised digital scheme for MSMEs to gain competitiveness

New Delhi, Dec 23 (KNN) In an endeavor to empower Indian MSMEs digitally, the Government of India is going to soon launch Revised Digital Scheme for the MSME sector.

Through this MSMEs will be supported to adopt ICT tools and applications for production and business processes.

The aim of the scheme is to improve the competitive edge of MSMEs in the domestic and international market.

Initially, the Ministry of MSME would provide financial assistance to the MSMEs to develop software/apps in four different verticals.

It would include Enterprise Resource Planning (ERP) including Human Resource Management, Finance & Accounting Management, Supply Chain Management, Inventory Management, Customer Relationship Management etc.

The other verticals are Accounting, Manufacturing Design - Sector specific as per need and Regulatory Compliances including GST etc.  (KNN Bureau)