States seek PLI, competitiveness index, credit rating for small cos
Mint Mumbai|January 14, 2023
State governments have requested the Centre to implement a production-linked incentive scheme for micro, small, and medium enterprises (MSMEs) and support state-run financial institutions in assisting MSMEs in hill regions, documents reviewed by Mint showed.
Ravi Dutta Mishra & Rituraj Baruah
States seek PLI, competitiveness index, credit rating for small cos

States have called upon the Centre to incentivize biodegradable packaging products to aid MSMEs, and set up a competitive index and credit rating to increase access to funds. MSMEs have also sought a PLI scheme and funds to help explore overseas markets, noting that less than 1% of the 63 million MSMEs in India currently export.

This story is from the January 14, 2023 edition of Mint Mumbai.

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This story is from the January 14, 2023 edition of Mint Mumbai.

Subscribe to Magzter GOLD to access thousands of curated premium stories, and 8,000+ magazines and newspapers.

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