MSME Advisory

MSME advisory

MSME advisory refers to the guidance and support provided to Micro, Small, and Medium Enterprises, primarily through official channels like the MSME CHAMPIONS portal and the Advisory Committee established under the MSMED Act, 2006. This advice covers critical areas such as finance, technology, marketing, and raw materials, with the aim of enhancing MSME competitiveness, promoting their development, and resolving their grievances. 

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Key Aspects of MSME Advisory

Government-Led Support:

The primary source of advisory services is the Indian government, particularly the Ministry of Micro, Small & Medium Enterprises (MSME).

MSME CHAMPIONS Portal:
This portal provides comprehensive advisory services in finance, marketing, technology, raw material, and capacity building, acting as a central platform for connecting MSMEs with government officials and other agencies.

Advisory Committee:

A committee, chaired by the Secretary of the Ministry of MSME, provides advice to the Central Government on promoting and developing the MSME sector, and classifies enterprises under the MSMED Act

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