March 1, 2014
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MSME sector importance drives policy measures to sustain benefits, scale skills, innovation funds and boost exports.
MSME sector is prioritised for rapid and inclusive growth through continuation of non tax benefits post graduation, establishment of additional tool rooms for skill and technology support, regeneration of traditional industries, creation of an Inclusive Innovation Fund, enhanced plan allocations including a khadi reform programme, and scaled implementation of PMEGP with subsidy support and district level enterprise targets; administrative incentives include National Awards for excellence across R&D, innovation, entrepreneurship and quality.