Government Approves Rs 273 Crore for Digital Empowerment of the MSME Sector


The Minister for Micro, Small and Medium Enterprises has informed in a written reply to Rajya Sabha today that The Standing Finance Committee has approved the MSME Champions Scheme with a total outlay of Rs. 273.24 Crore.

As part of this Scheme, a ‘Digital MSME’ component has been included for the digital empowerment of MSMEs in the country. Further, there are several Technology Centres under the Ministry that are also assisting on technological and automation interventions along with training support.

However, regarding international trade digitization of local enterprises, the Standing Finance Committee has approved the International Cooperation Scheme comprising of First Time Exporters and Global Marketing Intelligence System with a total outlay of Rs. 90 Crore.

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