NITI Aayog Releases report on ‘Achieving Efficiencies in MSME Sector through Convergence of Schemes’In January 2026, the National Institution for Transforming India (NITI) Aayog released a comprehensive report titled, “Achieving Efficiencies in Micro Small Medium Enterprises (MSME) Sector through Convergence of Schemes ”, a detailed framework to strengthen the effectiveness of government interventions in the sector.
- The report was launched in New Delhi, Delhi by Dr. Arvind Virmani, Member of NITI Aayog, and B. V. R. Subrahmanyam, Chief Executive Officer (CEO) of NITI Aayog.
Highlights of the Report:
Objectives: The report aims to achieve the following objectives:
Sponsored Advertisement
- To evaluate the various Government of India (GoI) schemes and programmes of the MSME sector.
- To examine the present level of convergence of MSME programmes.
Need for Convergence: The Ministry of MSME(MoMSME) currently oversees 18 schemes with overlapping objectives and fragmented implementation across ministries often lead to duplication, inefficiencies, and limited outreach.
- The report underscores that effective convergence and rationalisation of schemes can simplify access for beneficiaries, reduce duplication and better conversion of resources into outcomes.
Framework for Convergence: The report recommends a dual approach to convergence.
- Information convergence focuses on integrating government-generated data at the central and state levels to improve coordination, enable informed decision-making, and strengthen governance outcomes.
- Process convergence aims at merging similar schemes, combining common components, and fostering collaboration across ministries.
Sponsored Advertisement
About National Institution for Transforming India (NITI) Aayog:
Chairman – Prime Minister (PM) Narendra Modi
Headquarters – New Delhi, Delhi
Establishment – 2015
No comments yet. Be the first!