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Wednesday, Nov 18, 2009

Wednesday, Nov 18, 2009 | Home | | | | E-Newsletter | Search



Technology up-gradation & Productivity Enhancement
Competitivenessisdeterminedbytheproductivitywithwhichanationusesitshuman,capitalandnaturalresources.
I t is evident at both macro level (relatively low share manufacturing in GDP low impact on employment growth and
poverty reduction) as well as micro level (low productivity, lack of international competitiveness). Studies on global
competitiveness for selected sector of the industry have shown that among others, the factors inhibiting growth are:
inefficient use of resources resulting in poor product quality accompanied by hidden high cost due to rejection and re-
work in the course of manufacturing building up inventory at the various stages in the form of raw materials, work-in-
progress, finished components, finished product etc. This calls for increasing competitiveness by boosting firms
performance by systematically identifying and eliminating waste throughout the entire business cycle by applying
appropriate managerial and technological practices.

I n general MSMEs lack in accessing technology due to poor consultancy support/services for technological
information, non availability of skilled man power, lack of awareness among entrepreneurs about emphasis on production
and production cost, lack of managerial skills and poor adoptability to changing trade, trends, etc.

Fortechnologyup-gradation DC(MSME) provides capital subsidy and other assistance to strengthen the MSEs. The
Schemes covered under Technology up-gradation & Productivity Enhancement also help MSEs to face the challenges of
liberalization & globalization. The details of the schemes covered under Technology up-gradation & Productivity
Enhancement are as under :-

Purpose Name of the Schemes
Capital subsidy for adopting the new Technology CLCSS
Strengthening MSEs through competitiveness NMCP-Schemes
ISO 9000 Reimbursement Scheme MSME-Schemes
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