MSME sector to follow Make in India policy

By Newsgram Staff Writer

Ministry of Micro, Small and Medium Enterprises has come up with an action plan to facilitate aims of the Make in India policy, Giriraj Singh told Lok Sabha.

The action plan involves extending guarantees to the entrepreneurs of particular states with financial support from state governments, along with women entrepreneurs and youth among SC/ ST and NE Regions.

The ministry is also trying to bridge the gap between Research Institutions and Industries through signing of MOUs with IISc and CSIR. 18 existing Technology Centres (TCs) is to be supported by cluster network Mangers and a National Portal.

The schemes will be funded as a whole without an exclusive amount earmarked for the Make in India policy.