Industry

Indian Economic System

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

Consider the following pairs

Initiatives to Promote MSME Sector Specific Purpose

Udyam Registration Portal MSMEs can directly register their cases about delayed payments by Central/State Departments.
MSME SAMBANDH Monitors the implementation of the Public Procurement from MSEs by Central Public Sector
ASPIRE Initiative Promotes innovation & rural entrepreneurship through rural Livelihood Business Incubator (LBI).

Select the correct code.

1&2 only

2&3 only

1&3 only

All of the above

The MSMEs are the growth accelerators of the Indian economy, contributing about 30% of the country’s gross domestic product (GDP).

Initiatives to Promote MSME Sector

A Scheme for Promoting Innovation, Rural Industry & Entrepreneurship (ASPIRE): The scheme promotes innovation & rural entrepreneurship through rural Livelihood Business Incubator (LBI), Technology Business Incubator (TBI) and Fund of Funds for start-up creation in the agro-based industry.
Udyam Registrations Portal: This new portal assists the government in aggregating the data on the number of MSMEs in the country.
MSME Samadhan: It enables them to directly register their cases about delayed payments by Central Ministries/Departments/CPSEs/State Governments.
MSME SAMBANDH: It is a Public Procurement Portal. It was launched to monitor the implementation of the Public Procurement from MSEs by Central Public Sector Enterprises.

Hence option 2nd is correct

By: Shubham Tiwari