The programme is introduced by the Government of India. This programme is based on an idea made by the National Manufacturing Competitiveness Council.
Objectives of the NMCP
- To meet the challenges for the execution of the program.
- In improving competitiveness when dealing with MSMEs.
- This programme is launched to create role models by using a catalyst approach.
- MSMEs fears divulging data.
- Investment in the contribution made by MSMEs is not certain.
- It is mainly a supply-side project.
- Implement the programme with a Public-Private Partnership.
National Manufacturing Competitiveness Programme and its implementation
This programme is to have Indian MSMEs compete globally. With the help of the below-mentioned components and schemes, the programme helps to develop the MSME sector.
Credit Linked Capital Subsidy for Technology Upgradation (CLCSS):
It helps in providing technology up-gradation for MSEs, this scheme gives a 15% subsidy, which can be a maximum of Rs.1 crore. The scheme covers more than 750 products that can be used to improve the technology of MSEs.
Marketing Assistance or Support to MSMEs (Bar Code):
To encourage MSEs to use bar codes, the Ministry, under the scheme, provides a satisfactory registration fee for barcoding also by conducting seminars.
Lean Manufacturing Competitiveness for MSMEs:
This scheme is for MSMEs to use Lean Manufacturing techniques which leads to improving the manufacturing competitiveness.
Technology and Quality Upgradation Support for MSMEs:
To use a clean development mechanism and minimize the cost of production, the scheme promotes the use of energy-efficient technologies.
Entrepreneurial and Managerial Development of SMEs through Incubators:
Under this scheme, funding is provided at an early stage to build up innovative business ideas. The funding is provided early so that these ideas can be implemented in a year.
Making Manufacturing Sector competitive via QMS and QTT:
This scheme helps MSEs explore the latest Quality Technology Tools and Quality Management Standards.
Building Awareness on Intellectual Property Rights (IPR):
This scheme helps the MSMEs to know about Intellectual Property Rights. Learn how to make proper use of IPR tools will help in technology upgradation.
