Current Affairs · Reports and Government Policies
Consider the following statements regarding NITI Aayog's recent assessments on enhancing MSME efficiency through policy and scheme convergence: Statement I: Achieving functional convergence among micro, small, and medium enterprise policies can optimize public spending efficiency and bolster structural development impacts. Statement II: The Ministry of MSME currently administers key umbrella schemes, which often show significant programmatic overlaps and institutional redundancies rather than working completely independent of each other. Statement III: NITI Aayog's strategic framework advocates integrating major spatial cluster models like SFURTI and MSE-CDP under a single unified implementation layout. Which one of the following options is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Statement II and Statement III are correct, and both of them explain Statement I.
- 2Both Statement II and Statement III are correct, but only one of them explains Statement I.
- 3Only one of the Statements II and III is correct, and that explains Statement I.✓
- 4Neither Statemen t II nor Statement III is correc t.
Correct answer
Only one of the Statements II and III is correct, and that explains Statement I.
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