Government structure for the promotion of MSME’S
The promotion and development of MSMES is done by the State Governments, whereas the Ministry of MSME supports their efforts through various schemes and initiatives. Various institutions play their specific role for particular targets. For example, Khadi & Village Industries Commission (KVIC) aims to generate rural employment by promoting Khadi; Mahatma Gandhi Institute of Rural Industrialisation (MGIRI) works on R&D activities under rural industrialisation; Coir Board targets sustainable development of coir; National Small Industries Corporation (NSIC) aims to foster the commercial growth of MSMES; National Institute for MSME (NIMSME) works towards entrepreneurship development and training; whereas National Board for MSME facilitates inter-institutional linkages.
The Ministry of MSME runs various schemes aimed at financial assistance, technology up gradation, infrastructure development, skill development, and training for enhancing competitiveness of MSMES.