MSME BOARD
- April 14, 2021
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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MSME BOARD
Subject: Economy
Context: Most non-official members in new MSME Board have BJP links.
Concept:
- Under the Micro, Small and Medium Enterprises Development Act, 2006, Government of India established The National Board for Micro, Small and Medium Enterprises (NBMSME) to examine the factors affecting promotion and development of MSME.
- This board also reviews the existing policies and suggests recommendations to the Government for the growth of the MSME sector
The services provided by the MSME Board are as follows:
- Facilities for testing, toolmenting, training for entrepreneurship development
- Preparation of project and product profiles
- Technical and managerial consultancy
- Assistance for exports
- Pollution and energy audits.