“Achieving Efficiencies in MSME Sector through Convergence of Schemes”
The NITI Aayog on 15 January 2026 released a comprehensive report titled “Achieving Efficiencies in MSME Sector through Convergence of Schemes”, outlining a strategic framework to streamline government support and improve outcomes for India’s Micro, Small and Medium Enterprises (MSMEs). The report, launched by NITI Aayog Member Arvind Virmani and NITI Aayog Chief Executive Officer B. V. R. Subrahmanyam, presents a detailed blueprint to enhance the effectiveness of MSME schemes by strengthening inter-ministerial coordination, simplifying implementation, and improving the delivery of financial, skill, marketing and innovation-related support. ♦ The report notes that the Ministry of MSME currently administers 18 schemes across areas such as credit, skill development, marketing, innovation, technology upgradation and infrastructure. While these initiatives have contributed significantly to MSME growth, overlapping objectives and fragmented implementation across ministries often lead to duplication, inefficiencies and limited outreach. ♦ According to the report, effective convergence and rationalisation of schemes can simplify access for beneficiaries, reduce confusion, and ensure better translation of public resources into tangible outcomes, thereby amplifying the overall impact on the MSME sector.