Learn bits
Schemes & Policies
Mahesh

11/03/23 09:02 AM IST

MSME Competitive (LEAN) Scheme under MSME Champions Scheme

In News
  • Union Minister for MSME Shri Narayan Rane launched the MSME Competitive (LEAN) Scheme recently.
About LEAN Scheme
  • Under the scheme, MSMEs will implement LEAN manufacturing tools like 5S, Kaizen, KANBAN, Visual workplace, Poka Yoka etc under the able guidance of trained and competent LEAN Consultants to attain LEAN levels like Basic, Intermediate and Advanced.
  • Through the LEAN journey, MSMEs can reduce wastages substantially, increase productivity, improve quality, work safely, expanding their markets, and finally becoming competitive and profitable.
  • This Scheme is an extensive drive to create awareness amongst MSMEs about LEAN Manufacturing practices and motivate and incentivize them to attain LEAN levels while also encouraging them to become MSME Champions.
MSME Champions Scheme
  • Ministry of Micro, Small and Medium Enterprises’ (MSME’s) CHAMPIONS stand for - Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength portal.
  • As the name suggests it will aim at Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength.
  • It is a Technology driven Control Room-Cum-Management Information System.
  • The system utilising modern ICT tools is aimed at assisting Indian MSMEs march into big league as National and Global CHAMPIONS.
  • This is basically for making the smaller units big by helping and handholding, in particular, by solving their problems and grievances.

Significance
  • LEAN has the potential to become a national movement and that it aims to provide a roadmap to global competitiveness for the MSMEs of India.
  • LEAN will not only attempt to improve quality, productivity & performance, but also the capability to change the mind-sets of manufacturers and transform them into a world class manufacturers.
Source- PIB

More Related Current Affairs View All

10 Jan

Rural landowners in Delhi want repeal of Sections 33 and 81 of Delhi Land Reforms Act

'Both sections dealing with the use and sale of agricultural land have come under the spotlight ahead of the Delhi Assembly elections.' This can only be done by the Central gove

Read More

10 Jan

Pravasi Bharatiya Diwas

'Prime Minister Narendra Modi inaugurated the 18th edition of the Pravasi Bharatiya Diwas  in Bhubaneswar.' The event is held once every two years to “honour the cont

Read More

10 Jan

Deciphering the Indus script

'Recently, Tamil Nadu Chief Minister M.K. Stalin announced a $1-million prize for experts or organisations in the event of their success in deciphering the scripts of the Indus Val

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps