No specific scheme to boost MSME sector's role in defence

Image
Press Trust of India New Delhi
Last Updated : Mar 20 2017 | 2:13 PM IST
No specific scheme is being implemented to boost the contribution of Micro, Small and Medium Enterprises (MSME) sector towards manufacturing in the field of defence under the 'Make-in-India programme, the government told the Lok Sabha today.
"At present, there is no specific scheme implemented by the Ministry of MSME to boost micro, small and medium enterprises sector's contribution towards indigenous manufacturing in defence under the 'Make in India' programme," Minister of State for MSME Giriraj Singh said while replying to questions.
He said defence manufacturing is one of the 25 sectors identified for 'Make in India' programme. The Ministry of Defence has framed the Defence Procurement Procedure - 2016 which aims at enhancing the role of MSMEs in the defence sector.
However, he said there are various schemes being implemented by the Ministry of MSME such as National Manufacturing Competitiveness Programme, MSME Cluster Development Programme and Technology Centre Systems Programme for promotion and development of MSME across various sectors including defence.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 20 2017 | 2:13 PM IST

Next Story