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NSIC Promoted to Schedule ‘A’ CPSE by MoMSME

2 March 20261 min read
ECONOMYNSIC Promoted toSchedule ‘A’ CPSEby MoMSME2 March 2026safalsetu.com

Why in the news

In February 2026 the MSME Ministry moved the National Small Industries Corporation up a category among central public sector enterprises, acknowledging its performance.

Key facts

  • Body: National Small Industries Corporation (NSIC).
  • Change: Schedule ‘B’ to Schedule ‘A’ CPSE.
  • Decided by: Ministry of MSME (MoMSME).
  • Benefit: greater financial and operational autonomy.

Role of NSIC

  • Facilitates credit for small businesses.
  • Provides marketing support.
  • Helps in enterprise development.

Significance

  • The upgrade recognises NSIC’s strong performance and its contribution to the MSME ecosystem.

Exam angle

  • Upgrade: Schedule B to Schedule A.
  • Ministry: MSME.
  • Functions: credit, marketing, enterprise development.

Test yourself

1. To which CPSE category was NSIC upgraded by the Ministry of MSME in February 2026?

NSIC moved from Schedule 'B' to Schedule 'A'.

2. Which ministry upgraded National Small Industries Corporation's CPSE status?

MoMSME carried out the upgrade.

3. What benefit does the Schedule 'A' upgrade give NSIC?

The upgrade provides more financial and operational autonomy.

This topic is part of Daily Current Affairs 28 February 2026 (21 topics).

All topics of the dayDay quizFebruary 2026

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