Consider the following statements about objectives of Market Assistance Scheme ndash 1 nbs...........

Economic Affairs Small Scale Industries

Download Solution PDF

Consider the following statements about objectives of Market Assistance Scheme –

1. To enhance the market competitiveness of MSMEs.

2. To update MSMEs with the prevalent market scenario and provide them a platform for interaction.

Which of the statement given above is / are correct?

1 only

2 only

Both 1 & 2

Neither 1 nor 2

छोटे Courses बड़े Results

Master Small Scale Industries

Prepare through Micro-courses

Try Now

Explanation:

The office of the Development Commissioner (MSME) Ministry of MSME provides Marketing Assistance and Technology Upgradation (MATU) scheme which is a strategic initiative for adoption of Modern Marketing techniques by MSMEs consistent with the requirement of domestic and global market. It involves eight sub components for which Government of India (GOI) funding assistance is available. The components are: