Medical Devices Manufacturing Scheme
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Questions and Answers

Which of the following institutions is involved in the implementation of government schemes for MSME development?

  • State SC/ST Development Financial Corporations
  • Vocational Training Centers
  • Industry Associations
  • District Industries Centers (correct)
  • What is the role of SIDBI Bank Branches in the context of MSME development?

  • Providing vocational training to MSME entrepreneurs
  • Offering financial assistance to MSMEs (correct)
  • Conducting skilling programs for MSME sector
  • Providing industry-specific consulting services
  • What is the primary objective of the Connect Centers in the context of MSME development?

  • To provide financial assistance to MSMEs
  • To facilitate industry-specific consulting services
  • To connect MSMEs with relevant institutions and stakeholders (correct)
  • To offer vocational training to MSME entrepreneurs
  • Which of the following institutions is NOT directly involved in the implementation of government schemes for MSME development?

    <p>NABARD Skilling Centers</p> Signup and view all the answers

    What is the role of the Lead District Manager in the context of MSME development?

    <p>To oversee the implementation of government schemes for MSME development</p> Signup and view all the answers

    What is the maximum percentage of equity that an individual manufacturing unit can hold in a Special Purpose Vehicle?

    <p>40%</p> Signup and view all the answers

    What is the minimum number of Medical Device manufacturing units required to form a Special Purpose Vehicle?

    <p>5</p> Signup and view all the answers

    What is the maximum grant-in-aid for a cluster in the Himalayan and North East Region States for Testing Facilities?

    <p>Rs. 5 Crore</p> Signup and view all the answers

    What is the minimum percentage of equity that Medical Devices enterprises must hold in a Special Purpose Vehicle?

    <p>51%</p> Signup and view all the answers

    What is the maximum limit of support for Testing Facilities project cost?

    <p>70% of the project cost</p> Signup and view all the answers

    What type of institutions are eligible to establish or strengthen testing facilities for testing of medical devices?

    <p>Any National or State level Government or Private institutions</p> Signup and view all the answers

    What is the primary objective of the AMD-CF Scheme?

    <p>To strengthen medical device clusters by providing financial assistance</p> Signup and view all the answers

    What is the tenure of the AMD-CF Scheme?

    <p>2023-24 to 2026-27</p> Signup and view all the answers

    What is the limit of support provided by the AMD-CF Scheme for Common Facilities?

    <p>70% of the approved project cost or Rs. 20 cr., whichever is less</p> Signup and view all the answers

    Which institution is responsible for managing the AMD-CF Scheme?

    <p>SIDBI</p> Signup and view all the answers

    What is the main purpose of the Assistance for Testing Facilities component of the AMD-CF Scheme?

    <p>To establish more testing laboratories for Medical Devices</p> Signup and view all the answers

    What is the policy launched alongside the AMD-CF Scheme?

    <p>National Medical Devices Policy, 2023</p> Signup and view all the answers

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