Which scheme of the MSME Ministry handholds SC/ST micro and small enterprises for public procurement?
- A.National SC-ST Hub Scheme
- B.Prime Minister's Employment Generation Programme
- C.Credit Guarantee Fund Trust for Micro and Small Enterprises
- D.Udyam Registration
Correct answer
Explanation
The correct answer is the National SC-ST Hub Scheme. The Joint Secretary told the round table that the promotion and handholding done under this scheme has steadily raised the share of SC/ST micro and small enterprises in public procurement, and the scheme's field offices are the ones being asked to coordinate more closely with the Government e-Marketplace and with CPSEs. Option B is wrong because that programme is a credit-linked subsidy scheme for setting up new micro enterprises, not a procurement support mechanism. Option C is wrong because the credit guarantee trust provides collateral-free loan guarantees to small units, a financing instrument rather than a market access one. Option D is wrong because Udyam Registration is only the official registration portal for enterprises and offers no handholding of this kind.
Read the full article: MSME Ministry Reviews 4% SC/ST Procurement by CPSEs
Practice Questions
Under the Government's Public Procurement Policy, what share of procurement is mandated from SC/ST micro and small enterprises?
- A.3 per cent
- B.4 per cent
- C.20 per cent
- D.25 per cent
Show answer
The round table with Central Public Sector Enterprises was convened precisely to monitor how far they have met the mandated four per cent sourcing from micro and small enterprises owned by Scheduled Caste and Scheduled Tribe entrepreneurs.
Read the full explanation →How many Central Public Sector Enterprises took part in the MSME Ministry's round table discussion?
- A.15
- B.24
- C.30
- D.42
Show answer
The announcement states that thirty Central Public Sector Enterprises joined the discussion, and names BHEL, BEL, NTPC, AAI, BEML and Coal India Limited among them.
Read the full explanation →Which requirement for claiming incentive has been discontinued in the new round of PLI-MD?
- A.The minimum sales threshold
- B.The export obligation
- C.The domestic value addition norm
- D.The employment guarantee
Show answer
Learning from the first phase, the department removed the condition that an applicant had to cross a stated level of sales before claiming the incentive, and it also trimmed the minimum investment requirement.
Read the full explanation →How many target segments does the medical devices PLI scheme have?
- A.Two
- B.Three
- C.Four
- D.Six
Show answer
Applicants may set up plants in any of four target segments: medical consumables, disposables and implants; critical components; high-end devices whose domestic manufacture is still at an early stage; and high-end devices that are at present only assembled in the country.
Read the full explanation →What is the approximate outlay available under the fresh round of the medical devices PLI scheme?
- A.Rs 1,200 crore
- B.Rs 2,700 crore
- C.Rs 5,000 crore
- D.Rs 10,000 crore
Show answer
That is the amount the Department of Pharmaceuticals said would be used for the new round of the scheme, which has been extended to 2035-36 and is being described as PLI-MD 2.0.
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