Financial assistance to SPV of Small enterprises for increasing competitiveness of the MSME sector through adoption of Lean Manufacturing techniques.

Operated by
Ministry of Micro, Small and Medium - Development Commissioner, Central Govt.
Purpose 
To financially support SPV of small enterprises for increasing productivity, introducing innovative practices,etc by adopting lean manufacturing techniques.
Probable duration
2013

Eligibility

  •  Should be a cluster or SPV of Small enterprises.

  •  The units are required to form a MC of 10 or so units by signing among themselves a Memorandum of Understanding (MoU) to participate in the Scheme. 
? MCs are required to formalize their association by forming a SPV, whose form could be any of the following:

  •  Trust as per the Indian Trust Act, 1882 or any similar Trust Act or

  •  A private limited company incorporated as per Indian Companies Act, 1956 or

  •  A society under The Societies Registration Act, 1860 (including any of its State equivalent) 

  •  Any similar entity as approved by SSC from time to time

Benefit Description

Financial assistance in form of reimbursement to SPV of Small enterprises for increasing competitiveness of the MSME sector through adoption of Lean Manufacturing techniques.

Application process

  •  The detailed form and procedure for application is given in the following link: http://msme.gov.in/WriteReadData/DocumentFile/leanmanfucturing10.pdf

    • Other Details

    Conditions if Any
    -
    More Information
    Annexure Link: 
    http://www.dcmsme.gov.in/Guidelines%20Lean.pdf

    Link: 
    http://www.dcmsme.gov.in/schemes/Lean_Manufacturing.htm

    File: -