NITI Aayog Proposal: Dedicated Support for Medium Enterprises
Why in the news
A NITI Aayog proposal seeks dedicated help to grow medium enterprises globally.
Key facts
- Scheme to sit under the Ministry of MSME.
- Plus technology adoption and tailored skilling.
| Scheme feature | Detail |
|---|---|
| Delivery | Local retail banks |
| Speed | Fast-track decisions |
| Cap | ₹25 crore, ₹5 crore per request |
| Loan size | Tied to sector revenue thresholds |
Rationale
- Medium firms need more capital but get no dedicated scheme and are bundled with MSMEs.
- They could create many jobs with focused backing.
- Models cited: Türkiye, Canada, Singapore and Australia.
Exam angle
- Limits: ₹25 crore / ₹5 crore.