Institutional Framework & MSME Financing
Institutional Framework & MSME Financing | MSME Education Blog Institutional Framework & MSME Financing The institutional framework for MSME (Micro, Small, and Medium Enterprises) development in India consists of Central and State Government bodies, financial institutions, and cooperative banks that promote and finance MSMEs to ensure sustainable economic growth. Central Government Institutions Small Scale Industries Board (SSI Board): Highest policy-making body for MSME matters. Small Industries Development Organisation (SIDO): Coordinates policies and programs for SME growth. Small Industries Service Institutes (SISI): Provide technical and managerial consultancy to small units. Product-cum-Process Development Centers (PPDCs): Support technology innovation in MSMEs. Regional Testing Centres (RTCs): Provide quality certification to MSME products. Central Footwear Training Institutes (CFTI): Specialize...