MSME associations welcome the launch of tech up gradation scheme

One of the pressing issue s that is impeding the growth of MSMEs in India is the lack of modern technology and equipment, thus making the small businesses unattractive in the export market, say industry officials and trade bodies.

Associations representing micro, small and medium enterprises have welcomed the launch of Special Credit Linked Capital Subsidy Scheme for the services sector.

The tech up gradation scheme was launched by Union Minister for MSME, Narayan Rane on Novemeber 19.

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