Govt to cover 90% of implementation cost for handholding, consultancy fees under MSME Competitive (LEAN) Scheme
Updated: Mar 10, 2023 06:08:48pm
Govt to cover 90% of implementation cost for handholding, consultancy fees under MSME Competitive (LEAN) Scheme
New Delhi, Mar 10 (KNN) Union Minister for MSME Narayan Rane on Friday launched the MSME Competitive (LEAN) Scheme and emphasised on its potential to become a national movement.
It aims to provide a roadmap to global competitiveness for the MSMEs of India, he said.
To support MSMEs, the central government will contribute 90 per cent of implementation cost for handholding and consultancy fees.
There will be an additional contribution of 5 per cent for the MSMEs which are part of SFURTI clusters, owned by Women/SC/ST and located in NER.
He added that LEAN will not only attempt to improve quality, productivity & performance, but also the capability to change the mind-sets of manufacturers and transform them into a world class manufacturers.
Union MoS, MSME Bhanu Pratap Singh Verma also addressed the gathering.
This Scheme is an extensive drive to create awareness amongst MSMEs about LEAN Manufacturing practices and motivate and incentivize them to attain LEAN levels while also encouraging them to become MSME Champions.
Under the scheme, MSMEs will implement LEAN manufacturing tools like 5S, Kaizen, KANBAN, Visual workplace, Poka Yoka etc under the able guidance of trained and competent LEAN Consultants to attain LEAN levels like Basic, Intermediate and Advanced.
Through the LEAN journey, MSMEs can reduce wastages substantially, increase productivity, improve quality, work safely, expanding their markets, and finally becoming competitive and profitable.
In addition to the above, there will be an additional contribution of 5 per cent for MSMEs which are registering through Industry Associations/ Overall Equipment Manufacturing (OEM) organizations after completing all levels.
There is a unique feature to encourage Industry Associations and OEMs for motivating their supply chain vendors to participate in this scheme.
For more details visit – www.lean.msme.gov.in (KNN Bureau)