Panaji: The state cabinet on Wednesday approved the chief minister’s MSME innovation scheme 2026, which will extend benefits on the lines of the state start-up policy to non-IT start-ups, including micro, small and medium enterprises (MSMEs) and small and medium enterprises (SMMEs).“The scheme will incentivise and promote innovation in the MSME sector and extend incentives under the start-up policy to MSMEs that have registered and been classified as non-IT start-ups by the Start-up and IT Cell. The policy will boost the growth of MSMEs by improving innovation, competitiveness, manufacturing activities and products,” said chief minister Pramod Sawant.He said the policy aims to create an environment conducive to the healthy growth of MSME start-ups.“It will promote all forms of innovation across the entire value chain and support the development of ideas into innovative applications. It will support MSMEs and SMMEs focused on developing affordable innovations that can benefit a large number of people while also being commercial, sustainable and viable,” said Sawant.
