Ministry of Micro,Small & Medium Enterprises
azadi ka amrit mahotsav

MSME Ministry Upgrades National Small Industries Corporation (NSIC) to ‘Schedule A’ CPSE


NSIC Driving MSME Promotion and Development Nationwide for Over Seven Decades

Posted On: 26 FEB 2026 6:33PM by PIB Delhi

The National Small Industries Corporation Ltd, the Central public Sector Enterprises (CPSE) under Ministry of MSME, is engaged in the promotion and development of Micro, Small & Medium Enterprises (MSME) sector across the country since more than seven decades. The Ministry of MSME, Government of India through Notification No.K-01/26/2024-SME dated 26.02.2026, upgraded NSIC from the Schedule ‘B’ to Schedule ‘A’ category CPSE.

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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Sunil Kumar Tiwari

E-mail: hipessi[at]gmail[dot]com


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