CrackitToday App

MSME Competitive (LEAN) Scheme

MSME Competitive (LEAN) Scheme:

The Union Minister for MSME launched the MSME Competitive (LEAN) Scheme

  • The scheme attempt to improve quality, productivity & performance, and capability to change the mindsets of MSME manufacturers and transform them into world-class manufacturers.
  • Through the LEAN journey, MSMEs can reduce wastages substantially, increase productivity, improve quality, work safely, expand their markets, and finally become competitive and profitable.
  • 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.
  • The government will contribute 90% of the implementation costfor handholding and consultancy fees.
  • There will be an additional contribution of 5% for the MSMEs which are part of SFURTI clusters, owned by Women/SC/ST and located in the Northeast region.
  • There will be an additional contribution of 5% for MSMEs which are registered through Industry Associations/ Overall Equipment Manufacturing (OEM) organizations after completing all levels.