Correct option is A
Correct Answer: (a) A-IV, B-III, C-II, D-I
Explanation:
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A. Credit Linked Capital Subsidy Scheme (IV. Technology Upgradation): This scheme facilitates technology upgradation in Micro and Small Enterprises (MSEs) by providing an upfront capital subsidy (typically 15%) for inducting well-established and improved technologies.
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B. Production Linked Incentive (III. Food Products): The PLI scheme provides financial incentives to boost domestic manufacturing. The PLI Scheme for Food Processing Industry (PLISFPI) is a major vertical supporting the creation of global food manufacturing champions.
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C. Funds of Funds (II. MSME): The Government established dedicated Funds of Funds (such as the Self-Reliant India or SRI Fund of ₹50,000 crore) to provide equity funding and growth support specifically to MSMEs.
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D. Atal Innovation Mission (I. Start Up India): AIM is the government's flagship initiative under NITI Aayog. It works in tandem with the Startup India ecosystem to promote a culture of innovation, entrepreneurship, and incubation across the country.
Additional Knowledge:
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PLI Broad Scope: Beyond food products, the Production Linked Incentive scheme targets 14 key sectors—including electronics, pharmaceuticals, textiles, and automobiles—to integrate India into global supply chains.
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Startup India Fund of Funds: While the SRI fund targets MSMEs, the government also operates a separate ₹10,000 crore Fund of Funds specifically for Startups (FFS) managed by SIDBI to provide venture capital.
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Atal Tinkering Labs (ATLs): A primary pillar of the Atal Innovation Mission is the establishment of ATLs in schools to foster curiosity, creativity, and STEM skills among young students.