Aims of National Manufacturing Competitiveness Program - General Economics & Indian Economy

Q.  Which of the following statements are true about National Manufacturing Competitiveness Program (NMCP)?

1. It aims to support the Micro, Small and Medium Enterprises (MSMEs) in their endeavor to become competitive.
2. Under this program, rehabilitation package for the revival of viable sick MSEs is provided by primary lending institutions (PLIs), including commercial banks, which provide credit to the MSEs.
- Published on 12 Aug 15

a. Only 1
b. Only 2
c. Both
d. None

ANSWER: Both

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