General Knowledge

Economy

Hard

The Ministry of Small and Medium Enterprise launched the MSME-SAMBANDH portal in 2017 pertaining to which one of the following?

To tackle issues related to delayed payments to Micro and Small Enterprises (MSME) by the buyers to the MSME suppliers.

To facilitate the job seekers and recruiters to register themselves for mutually beneficial interaction.

To monitor the procurement by central government ministries, departments and central public sector enterprise.

To provide concessional credit to Micro and Small enterprises.

✅ Correct Option: 3

Option 1 -> This relates to SAMADHAAN portal, not SAMBANDH. SAMADHAAN specifically addresses delayed payment issues faced by MSMEs.

Option 2 -> SAMBANDH is not a job portal. It is focused on procurement monitoring rather than employment facilitation.

Option 3 -> SAMBANDH portal tracks and monitors procurement from MSMEs by Central Government Ministries/Departments and CPSEs to ensure compliance with Public Procurement Policy for MSMEs.

Option 4 -> Credit schemes are managed through banking channels and other financial platforms, not through SAMBANDH portal.

Hence, Option 3 -> The MSME-SAMBANDH portal serves as a monitoring mechanism to track whether government entities are meeting their procurement targets from MSMEs as mandated by the Public Procurement Policy, which requires 25% procurement from MSMEs (including 3% from women-owned MSMEs) -> correct

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Solution

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