Centre approves new guidelines to promote MSMEs in North Eastern Region and Sikkim



Quick Summary
The Central Government has approved new guidelines for the 'Promotion of MSMEs in North Eastern Region and Sikkim' scheme, which will run from 2021-22 to 2025-26. The scheme aims to boost the productivity and competitiveness of Micro, Small, and Medium Enterprises in the region through financial support. Key components include setting up and modernising Mini Technology Centres, developing industrial estates, and supporting the tourism sector with common facilities for homestays.

New Guidelines for Central Sector Scheme Promotion of MSMEs in North Eastern Region and Sikkim for enhancing productivity and competitiveness The Central Government has approved New Guidelines of Central Sector Scheme Promotion of MSMEs in North Eastern Region and Sikkim. The scheme will be implemented during 15th Finance Commission Cycle (2021-22 to 2025-26). The Scheme is envisaged to provide financial support for enhancing the productivity and competitiveness as well as capacity building o
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FAQ :

The main objective is to enhance the productivity and competitiveness of Micro, Small, and Medium Enterprises (MSMEs) in the North Eastern Region and Sikkim.

The scheme will be implemented during the 15th Finance Commission Cycle, from 2021-22 to 2025-26.

The key components include setting up and modernising Mini Technology Centres, developing new and existing Industrial Estates, and supporting the tourism sector by creating common services for homestays.

The Central Government provides 90% financial assistance for most projects, with specific maximum limits on the total project cost for assistance.

Yes, priority will be given to projects for creating common facilities for natural resources like fruits, spices, agriculture, forestry, sericulture, and bamboo.

The new guidelines are available on the website of the Office of the Development Commissioner (MSME): www.dcmsme.gov.in.




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