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Many MSMEs using outdated technologies due to lack of funds: Kalraj Mishra

Updated: Aug 07, 2015 11:15:45am
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New Delhi, Aug 7 (KNN) Many MSME units are using outdated/conventional technologies because of lack of sufficient finance, lack of access to modern technology, absence of in-house research & development etc, the Parliament was informed.
 
Therefore, there is urgent need to develop appropriate technologies for various manufacturing processes to bring down cost, Union Minister for Micro, Small and Medium Enterprises, Kalraj Mishra said in a written reply in Rajya Sabha here on Thursday.
 
To address this the Ministry of MSME is implementing Credit Linked Capital Subsidy Scheme (CLCSS) under which MSE units are given 15 per cent capital subsidy on a loan up to Rs 1 crore to acquire modern technology.
 
A National Manufacturing Competitiveness Programme (NMCP) has also been launched to encourage Technology Up-gradation in the MSMEs.
 
NMCP has important components like Technology and Quality Upgradation Programme (TEQUP), Design Clinic Scheme, Lean Manufacturing Competitiveness Scheme, Quality Management System & Quality Technology Tools (QMS/QTT) Schemes and Intellectual Property Rights (IPR) Scheme etc. Ministry of MSME has established 18 Technology Centres (Tool Rooms and Technology Development Centres) spread across the country to provide technological support to MSMEs. 

The Ministry has also launched “Technology Centre Systems Programme (TCSP)” recently under which 15 new Technology Centres (TCs) are being established and existing TCs are being upgraded for providing advanced technologies to MSMEs, the Minister said. (KNN Bureau)

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