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MSME Ministry Elevates NSIC To Schedule A CPSE Status

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  • MSME Ministry Elevates NSIC To Schedule A CPSE Status

Schedule A CPSE status has been conferred upon National Small Industries Corporation (NSIC), the Central Public Sector Enterprise under the Ministry of MSME, marking a significant milestone in strengthening India’s MSME ecosystem. Established over seven decades ago, NSIC has been instrumental in promoting and developing the Micro, Small & Medium Enterprises (MSME) sector across the […]

MSME Ministry Elevates NSIC To Schedule A

Schedule A CPSE status has been conferred upon National Small Industries Corporation (NSIC), the Central Public Sector Enterprise under the Ministry of MSME, marking a significant milestone in strengthening India’s MSME ecosystem. Established over seven decades ago, NSIC has been instrumental in promoting and developing the Micro, Small & Medium Enterprises (MSME) sector across the country. Through Notification No. K-01/26/2024-SME dated 26.02.2026, the Ministry of MSME, Government of India, officially upgraded NSIC from Schedule ‘B’ to Schedule ‘A’ category CPSE, reinforcing its strategic role in driving MSME growth and industrial development.

The NSIC supports MSMEs in their entire stages of Life cycle through its various interventions such as Skilling, Capacity Building, enhancing their cost competitiveness, Marketing Support, Credit Facilitation, Growth Capital by way of Equity Investments, etc. NSIC is also the implementation partner for several aspirational programmes of Government of India. The recognition of Schedule ‘A’ will reflect positively on NSIC’s management, operation and financial powers boosting it’s support to MSMEs. NSIC received Excellent Ratings from DPE for the year 2024-25 which is a testament to the continuous tireless efforts of the NSIC team over the years.

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