MSME related schemes and impact on Make in India:

MSMEs are complementary to large industries as ancillary units and possess forward- backward linkages with other sectors (many of which are priority sectors under Make in India). A robust growth of this sector will therefore be crucial to the Make in India initiative. However the sector is mired by inadequate finance (especially in rural areas), low level of technology, low productivity and competitiveness etc. Improvement on these indicators will invariably give a boost to “Make in India”.

Various initiatives by the government aim to address the same are listed below: