Tuesday, 02 January 2024 12:17 GMT

MSME Ministry Plans To Triple Raw Material Assistance For Small Businesses By FY30


(MENAFN- Live Mint) The Union ministry of micro, small, and medium enterprises (MSME) plans to triple the volume of raw materials it assists MSMEs in procuring through state-run National Small Industries Corp. (NSIC) to about 900,000 tonnes a year by fiscal year 2030 (FY30), from around 300,000 tonnes currently, as businesses grapple with supply disruptions and procurement constraints, according to two government officials who spoke on condition of anonymity.

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Live Mint

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