ISO Certification, IEC Code registration, Small Scale Industry Registration, Business Registration, Business Solutions, NSIC Registration, Interest Subsidy
Register your SSI Unit
Benefits of Registering The registration scheme has no statutory basis. Units would normally get registered to avail some benefits, incentives or support given either by the Central or State Govt. The regime of incentives offered by the Centre generally contains the following: - Credit prescription (Priority sector lending), differential rates of interest etc. - Excise Exemption Scheme - Exemption under Direct Tax Laws. - Statutory support such as reservation and the Interest on Delayed Payments Act. (It is to be noted that the Banking Laws, Excise Law and the Direct Taxes Law have incorporated the word SSI in their exemption notifications. Though in many cases they may define it differently. However, generally the registration certificate issued by the registering authority is seen as proof of being SSI). States/UTs have their own package of facilities and incentives for small scale. They relate to development of industrial estates, tax subsidies, power tariff subsidies, capital investment subsidies and other support. Both the Centre and the State, whether under law or otherwise, target their incentives and support packages generally to units registered with them. Objectives of The Registration Scheme They are summarised as follows: - To enumerate and maintain a roll of small industries to which the package of incentives and support are targeted. - To provide a certificate enabling the units to avail statutory benefits mainly in terms of protection. - To serve the purpose of collection of statistics. - To create nodal centres at the Centre, State and District levels to promote SSI.Features of The Scheme Features of the scheme are as follows: - DIC is the primary registering centre - Registration is voluntary and not compulsory. - Two types of registration is done in all States. First a provisional registration certificate is given. And after commencement of production, a permanent registration certificate is given. - PRC is normally valid for 5 years and permanent registration is given in perpetuity.Provisional Registration Certificate (PRC) - This is given for the pre-operative period and enables the units to obtain the term loans and working capital from financial institutions/banks under priority sector lending. - Obtain facilities for accommodation, land, other approvals etc. - Obtain various necessary NOCs and clearances from regulatory bodies such as Pollution Control Board, Labour Regulations etc. Permanent Registration CertificateEnables the unit to get the following incentives/concessions: - Excise exemptions - Income-Tax exemption and Sales Tax exemption as per State Govt. Policy. - Incentives and concessions in power tariff etc. - Price and purchase preference for goods produced. - Availability of raw material depending on existing policy.Procedure For Registration Features of the present procedures are as follows: - A unit can apply for PRC for any item that does not require industrial license which means items listed in Schedule-III and items not listed in Schedule-I or Schedule-II of the licencing Exemption Notification. Units employing less than 50/100 workers with/without power can apply for registration even for those items included in Schedule-II. - Unit applies for PRC in prescribed application form. No field enquiry is done and PRC is issued. - PRC is valid for five years. If the entrepreneur is unable to set up the unit in this period, he can apply afresh at the end of five years period. - Once the unit commences production, it has to apply for permanent registration on the prescribed form.The following form basis of evaluation: - The unit has obtained all necessary clearances whether statutory or administrative. e.g. drug license under drug control order, NOC from Pollution Control Board, if required etc. - Unit does not violate any locational restrictions in force, at the time of evaluation. - Value of plant and machinery is within prescribed limits. - Unit is not owned, controlled or subsidiary of any other industrial undertaking as per notification. De-Registration A Small Scale Unit can violate the regulations in the following ways which will make it liable for de-registration: - It crosses the investment limits. - It starts manufacturing any new item or items that require an industrial license or other kind of statutory license. - It does not satisfy the condition of being owned, controlled or being a subsidiary of any other industrial undertaking.
SSI registration in Ahmedabad SSI Registration in Gujarat SSI Unit Registration
Register your SSI Unit
Benefits of Registering The registration scheme has no statutory basis. Units would normally get registered to avail some benefits, incentives or support given either by the Central or State Govt. The regime of incentives offered by the Centre generally contains the following: - Credit prescription (Priority sector lending), differential rates of interest etc. - Excise Exemption Scheme - Exemption under Direct Tax Laws. - Statutory support such as reservation and the Interest on Delayed Payments Act. (It is to be noted that the Banking Laws, Excise Law and the Direct Taxes Law have incorporated the word SSI in their exemption notifications. Though in many cases they may define it differently. However, generally the registration certificate issued by the registering authority is seen as proof of being SSI). States/UTs have their own package of facilities and incentives for small scale. They relate to development of industrial estates, tax subsidies, power tariff subsidies, capital investment subsidies and other support. Both the Centre and the State, whether under law or otherwise, target their incentives and support packages generally to units registered with them. Objectives of The Registration Scheme They are summarised as follows: - To enumerate and maintain a roll of small industries to which the package of incentives and support are targeted. - To provide a certificate enabling the units to avail statutory benefits mainly in terms of protection. - To serve the purpose of collection of statistics. - To create nodal centres at the Centre, State and District levels to promote SSI.Features of The Scheme Features of the scheme are as follows: - DIC is the primary registering centre - Registration is voluntary and not compulsory. - Two types of registration is done in all States. First a provisional registration certificate is given. And after commencement of production, a permanent registration certificate is given. - PRC is normally valid for 5 years and permanent registration is given in perpetuity.Provisional Registration Certificate (PRC) - This is given for the pre-operative period and enables the units to obtain the term loans and working capital from financial institutions/banks under priority sector lending. - Obtain facilities for accommodation, land, other approvals etc. - Obtain various necessary NOCs and clearances from regulatory bodies such as Pollution Control Board, Labour Regulations etc. Permanent Registration CertificateEnables the unit to get the following incentives/concessions: - Excise exemptions - Income-Tax exemption and Sales Tax exemption as per State Govt. Policy. - Incentives and concessions in power tariff etc. - Price and purchase preference for goods produced. - Availability of raw material depending on existing policy.Procedure For Registration Features of the present procedures are as follows: - A unit can apply for PRC for any item that does not require industrial license which means items listed in Schedule-III and items not listed in Schedule-I or Schedule-II of the licencing Exemption Notification. Units employing less than 50/100 workers with/without power can apply for registration even for those items included in Schedule-II. - Unit applies for PRC in prescribed application form. No field enquiry is done and PRC is issued. - PRC is valid for five years. If the entrepreneur is unable to set up the unit in this period, he can apply afresh at the end of five years period. - Once the unit commences production, it has to apply for permanent registration on the prescribed form.The following form basis of evaluation: - The unit has obtained all necessary clearances whether statutory or administrative. e.g. drug license under drug control order, NOC from Pollution Control Board, if required etc. - Unit does not violate any locational restrictions in force, at the time of evaluation. - Value of plant and machinery is within prescribed limits. - Unit is not owned, controlled or subsidiary of any other industrial undertaking as per notification. De-Registration A Small Scale Unit can violate the regulations in the following ways which will make it liable for de-registration: - It crosses the investment limits. - It starts manufacturing any new item or items that require an industrial license or other kind of statutory license. - It does not satisfy the condition of being owned, controlled or being a subsidiary of any other industrial undertaking.
SSI registration in Ahmedabad SSI Registration in Gujarat SSI Unit Registration
Register your SSI Unit
Benefits of Registering The registration scheme has no statutory basis. Units would normally get registered to avail some benefits, incentives or support given either by the Central or State Govt. The regime of incentives offered by the Centre generally contains the following: - Credit prescription (Priority sector lending), differential rates of interest etc. - Excise Exemption Scheme - Exemption under Direct Tax Laws. - Statutory support such as reservation and the Interest on Delayed Payments Act. (It is to be noted that the Banking Laws, Excise Law and the Direct Taxes Law have incorporated the word SSI in their exemption notifications. Though in many cases they may define it differently. However, generally the registration certificate issued by the registering authority is seen as proof of being SSI). States/UTs have their own package of facilities and incentives for small scale. They relate to development of industrial estates, tax subsidies, power tariff subsidies, capital investment subsidies and other support. Both the Centre and the State, whether under law or otherwise, target their incentives and support packages generally to units registered with them. Objectives of The Registration Scheme They are summarised as follows: - To enumerate and maintain a roll of small industries to which the package of incentives and support are targeted. - To provide a certificate enabling the units to avail statutory benefits mainly in terms of protection. - To serve the purpose of collection of statistics. - To create nodal centres at the Centre, State and District levels to promote SSI.Features of The Scheme Features of the scheme are as follows: - DIC is the primary registering centre - Registration is voluntary and not compulsory. - Two types of registration is done in all States. First a provisional registration certificate is given. And after commencement of production, a permanent registration certificate is given. - PRC is normally valid for 5 years and permanent registration is given in perpetuity.Provisional Registration Certificate (PRC) - This is given for the pre-operative period and enables the units to obtain the term loans and working capital from financial institutions/banks under priority sector lending. - Obtain facilities for accommodation, land, other approvals etc. - Obtain various necessary NOCs and clearances from regulatory bodies such as Pollution Control Board, Labour Regulations etc. Permanent Registration CertificateEnables the unit to get the following incentives/concessions: - Excise exemptions - Income-Tax exemption and Sales Tax exemption as per State Govt. Policy. - Incentives and concessions in power tariff etc. - Price and purchase preference for goods produced. - Availability of raw material depending on existing policy.Procedure For Registration Features of the present procedures are as follows: - A unit can apply for PRC for any item that does not require industrial license which means items listed in Schedule-III and items not listed in Schedule-I or Schedule-II of the licencing Exemption Notification. Units employing less than 50/100 workers with/without power can apply for registration even for those items included in Schedule-II. - Unit applies for PRC in prescribed application form. No field enquiry is done and PRC is issued. - PRC is valid for five years. If the entrepreneur is unable to set up the unit in this period, he can apply afresh at the end of five years period. - Once the unit commences production, it has to apply for permanent registration on the prescribed form.The following form basis of evaluation: - The unit has obtained all necessary clearances whether statutory or administrative. e.g. drug license under drug control order, NOC from Pollution Control Board, if required etc. - Unit does not violate any locational restrictions in force, at the time of evaluation. - Value of plant and machinery is within prescribed limits. - Unit is not owned, controlled or subsidiary of any other industrial undertaking as per notification. De-Registration A Small Scale Unit can violate the regulations in the following ways which will make it liable for de-registration: - It crosses the investment limits. - It starts manufacturing any new item or items that require an industrial license or other kind of statutory license. - It does not satisfy the condition of being owned, controlled or being a subsidiary of any other industrial undertaking.
SSI registration in Ahmedabad SSI Registration in Gujarat SSI Unit Registration
Register your SSI Unit
Small Scale and ancillary units (i.e. undertaking with investment in plant and machinery of less than Rs. 6.0 million and Rs. 7.5 million respectively) should seek registration with the Director of Industries of the concerned State Government.
Registering Your SSI Unit
The main purpose of Registration is to maintain statistics and maintain a roll of such units for the purposes of providing incentives and support services.
States have generally adopted the uniform registration procedures as per the guidelines. However, there may be some modifications done by States. It must be noted that small industries is basically a state subject. States use the same registration scheme for implementing their own policies. It is possible that some states may have a 'SIDO registration scheme' and a 'State registration scheme'.
Benefits of Registering
The registration scheme has no statutory basis. Units would normally get registered to avail some benefits, incentives or support given either by the Central or State Govt. The regime of incentives offered by the Centre generally contains the following:
- Credit prescription (Priority sector lending), differential rates of interest etc.
- Excise Exemption Scheme
- Exemption under Direct Tax Laws.
- Statutory support such as reservation and the Interest on Delayed Payments Act.
(It is to be noted that the Banking Laws, Excise Law and the Direct Taxes Law have incorporated the word SSI in their exemption notifications. Though in many cases they may define it differently. However, generally the registration certificate issued by the registering authority is seen as proof of being SSI).
States/UTs have their own package of facilities and incentives for small scale. They relate to development of industrial estates, tax subsidies, power tariff subsidies, capital investment subsidies and other support. Both the Centre and the State, whether under law or otherwise, target their incentives and support packages generally to units registered with them.
Objectives of The Registration Scheme
They are summarised as follows:
- To enumerate and maintain a roll of small industries to which the package of incentives and support are targeted.
- To provide a certificate enabling the units to avail statutory benefits mainly in terms of protection.
- To serve the purpose of collection of statistics.
- To create nodal centres at the Centre, State and District levels to promote SSI.
Features of The Scheme
Features of the scheme are as follows:
- DIC is the primary registering centre
- Registration is voluntary and not compulsory.
- Two types of registration is done in all States. First a provisional registration certificate is given. And after commencement of production, a permanent registration certificate is given.
- PRC is normally valid for 5 years and permanent registration is given in perpetuity.
Provisional Registration Certificate (PRC)
- This is given for the pre-operative period and enables the units to obtain the term loans and working capital from financial institutions/banks under priority sector lending.
- Obtain facilities for accommodation, land, other approvals etc.
- Obtain various necessary NOCs and clearances from regulatory bodies such as Pollution Control Board, Labour Regulations etc.
Permanent Registration Certificate
Enables the unit to get the following incentives/concessions:
- Excise exemptions
- Income-Tax exemption and Sales Tax exemption as per State Govt. Policy.
- Incentives and concessions in power tariff etc.
- Price and purchase preference for goods produced.
- Availability of raw material depending on existing policy.
Procedure For Registration
Features of the present procedures are as follows:
- A unit can apply for PRC for any item that does not require industrial license which means items listed in Schedule-III and items not listed in Schedule-I or Schedule-II of the licencing Exemption Notification. Units employing less than 50/100 workers with/without power can apply for registration even for those items included in Schedule-II.
- Unit applies for PRC in prescribed application form. No field enquiry is done and PRC is issued.
- PRC is valid for five years. If the entrepreneur is unable to set up the unit in this period, he can apply afresh at the end of five years period.
- Once the unit commences production, it has to apply for permanent registration on the prescribed form.
The following form basis of evaluation:
- The unit has obtained all necessary clearances whether statutory or administrative. e.g. drug license under drug control order, NOC from Pollution Control Board, if required etc.
- Unit does not violate any locational restrictions in force, at the time of evaluation.
- Value of plant and machinery is within prescribed limits.
- Unit is not owned, controlled or subsidiary of any other industrial undertaking as per notification.
De-Registration
A Small Scale Unit can violate the regulations in the following ways which will make it liable for de-registration:
- It crosses the investment limits.
- It starts manufacturing any new item or items that require an industrial license or other kind of statutory license.
- It does not satisfy the condition of being owned, controlled or being a subsidiary of any other industrial undertaking.
SSI registration in Ahmedabad SSI registration in Gujarat SSI registration
SSI registration in Ahmedabad
SSI registration in Gujarat SSI registration in Ahmedabad SSI Registration Procedure MSME Registration
Steps to setup an Industry in Gujarat
Establishing an Industrial Project
Steps to be followed by an entrepreneur
- Collect maximum information about the project or products proposed to be manufactured
- For the purpose, collect/prepare a project profile which would outline brief information on the project or products to be manufactured
- Decide location where the project is likely to set up
- Learn about the procedures and formalities required to be completed before taking up physical implementation of the project
Get a detailed project report prepared which interalia should include following components
- Market potential of the products to be manufactured
- Characteristics of the Location
- Land and building requirements
- Requirements and availability of Plant and Machinery
- Requirement of other utilities namely power, water, steam etc.
- Assessment of Working Capital requirements
- Technology tie-up
- Raw materials with specifications
- Manpower requirements
- Schedule of Implementation
- Estimates of Project Cost
- Tie up of means of finance
- Cost of Production and profitability
- Break even Point
- Internal Rate of Return
- Cash flow
- Debt service Coverage Ratio to establish financial viability
- Economic Benefits
Steps to setup an Industry in Gujarat
Establishing an Industrial Project
Steps to be followed by an entrepreneur
- Collect maximum information about the project or products proposed to be manufactured
- For the purpose, collect/prepare a project profile which would outline brief information on the project or products to be manufactured
- Decide location where the project is likely to set up
- Learn about the procedures and formalities required to be completed before taking up physical implementation of the project
Get a detailed project report prepared which interalia should include following components
- Market potential of the products to be manufactured
- Characteristics of the Location
- Land and building requirements
- Requirements and availability of Plant and Machinery
- Requirement of other utilities namely power, water, steam etc.
- Assessment of Working Capital requirements
- Technology tie-up
- Raw materials with specifications
- Manpower requirements
- Schedule of Implementation
- Estimates of Project Cost
- Tie up of means of finance
- Cost of Production and profitability
- Break even Point
- Internal Rate of Return
- Cash flow
- Debt service Coverage Ratio to establish financial viability
- Economic Benefits
Steps to setup an Industry in Gujarat
Establishing an Industrial Project
Steps to be followed by an entrepreneur
- Collect maximum information about the project or products proposed to be manufactured
- For the purpose, collect/prepare a project profile which would outline brief information on the project or products to be manufactured
- Decide location where the project is likely to set up
- Learn about the procedures and formalities required to be completed before taking up physical implementation of the project
Get a detailed project report prepared which interalia should include following components
- Market potential of the products to be manufactured
- Characteristics of the Location
- Land and building requirements
- Requirements and availability of Plant and Machinery
- Requirement of other utilities namely power, water, steam etc.
- Assessment of Working Capital requirements
- Technology tie-up
- Raw materials with specifications
- Manpower requirements
- Schedule of Implementation
- Estimates of Project Cost
- Tie up of means of finance
- Cost of Production and profitability
- Break even Point
- Internal Rate of Return
- Cash flow
- Debt service Coverage Ratio to establish financial viability
- Economic Benefits
Steps to setup an Industry in Gujarat
Establishing an Industrial Project
Steps to be followed by an entrepreneur
- Collect maximum information about the project or products proposed to be manufactured
- For the purpose, collect/prepare a project profile which would outline brief information on the project or products to be manufactured
- Decide location where the project is likely to set up
- Learn about the procedures and formalities required to be completed before taking up physical implementation of the project
Get a detailed project report prepared which interalia should include following components
- Market potential of the products to be manufactured
- Characteristics of the Location
- Land and building requirements
- Requirements and availability of Plant and Machinery
- Requirement of other utilities namely power, water, steam etc.
- Assessment of Working Capital requirements
- Technology tie-up
- Raw materials with specifications
- Manpower requirements
- Schedule of Implementation
- Estimates of Project Cost
- Tie up of means of finance
- Cost of Production and profitability
- Break even Point
- Internal Rate of Return
- Cash flow
- Debt service Coverage Ratio to establish financial viability
- Economic Benefits
Steps to setup an Industry in Gujarat
Establishing an Industrial Project
Steps to be followed by an entrepreneur
- Collect maximum information about the project or products proposed to be manufactured
- For the purpose, collect/prepare a project profile which would outline brief information on the project or products to be manufactured
- Decide location where the project is likely to set up
- Learn about the procedures and formalities required to be completed before taking up physical implementation of the project
Get a detailed project report prepared which interalia should include following components
- Market potential of the products to be manufactured
- Characteristics of the Location
- Land and building requirements
- Requirements and availability of Plant and Machinery
- Requirement of other utilities namely power, water, steam etc.
- Assessment of Working Capital requirements
- Technology tie-up
- Raw materials with specifications
- Manpower requirements
- Schedule of Implementation
- Estimates of Project Cost
- Tie up of means of finance
- Cost of Production and profitability
- Break even Point
- Internal Rate of Return
- Cash flow
- Debt service Coverage Ratio to establish financial viability
- Economic Benefits
Steps to setup an Industry in Gujarat
Establishing an Industrial Project
Steps to be followed by an entrepreneur
- Collect maximum information about the project or products proposed to be manufactured
- For the purpose, collect/prepare a project profile which would outline brief information on the project or products to be manufactured
- Decide location where the project is likely to set up
- Learn about the procedures and formalities required to be completed before taking up physical implementation of the project
Get a detailed project report prepared which interalia should include following components
- Market potential of the products to be manufactured
- Characteristics of the Location
- Land and building requirements
- Requirements and availability of Plant and Machinery
- Requirement of other utilities namely power, water, steam etc.
- Assessment of Working Capital requirements
- Technology tie-up
- Raw materials with specifications
- Manpower requirements
- Schedule of Implementation
- Estimates of Project Cost
- Tie up of means of finance
- Cost of Production and profitability
- Break even Point
- Internal Rate of Return
- Cash flow
- Debt service Coverage Ratio to establish financial viability
- Economic Benefits
Steps to setup an Industry in Gujarat
Establishing an Industrial Project
Steps to be followed by an entrepreneur
- Collect maximum information about the project or products proposed to be manufactured
- For the purpose, collect/prepare a project profile which would outline brief information on the project or products to be manufactured
- Decide location where the project is likely to set up
- Learn about the procedures and formalities required to be completed before taking up physical implementation of the project
Get a detailed project report prepared which interalia should include following components
- Market potential of the products to be manufactured
- Characteristics of the Location
- Land and building requirements
- Requirements and availability of Plant and Machinery
- Requirement of other utilities namely power, water, steam etc.
- Assessment of Working Capital requirements
- Technology tie-up
- Raw materials with specifications
- Manpower requirements
- Schedule of Implementation
- Estimates of Project Cost
- Tie up of means of finance
- Cost of Production and profitability
- Break even Point
- Internal Rate of Return
- Cash flow
- Debt service Coverage Ratio to establish financial viability
- Economic Benefits
Steps to setup an Industry in Gujarat
Establishing an Industrial Project
Steps to be followed by an entrepreneur
- Collect maximum information about the project or products proposed to be manufactured
- For the purpose, collect/prepare a project profile which would outline brief information on the project or products to be manufactured
- Decide location where the project is likely to set up
- Learn about the procedures and formalities required to be completed before taking up physical implementation of the project
Get a detailed project report prepared which interalia should include following components
- Market potential of the products to be manufactured
- Characteristics of the Location
- Land and building requirements
- Requirements and availability of Plant and Machinery
- Requirement of other utilities namely power, water, steam etc.
- Assessment of Working Capital requirements
- Technology tie-up
- Raw materials with specifications
- Manpower requirements
- Schedule of Implementation
- Estimates of Project Cost
- Tie up of means of finance
- Cost of Production and profitability
- Break even Point
- Internal Rate of Return
- Cash flow
- Debt service Coverage Ratio to establish financial viability
- Economic Benefits
Steps to setup an Industry in Gujarat
Establishing an Industrial Project
Steps to be followed by an entrepreneur
- Collect maximum information about the project or products proposed to be manufactured
- For the purpose, collect/prepare a project profile which would outline brief information on the project or products to be manufactured
- Decide location where the project is likely to set up
- Learn about the procedures and formalities required to be completed before taking up physical implementation of the project
Get a detailed project report prepared which interalia should include following components
- Market potential of the products to be manufactured
- Characteristics of the Location
- Land and building requirements
- Requirements and availability of Plant and Machinery
- Requirement of other utilities namely power, water, steam etc.
- Assessment of Working Capital requirements
- Technology tie-up
- Raw materials with specifications
- Manpower requirements
- Schedule of Implementation
- Estimates of Project Cost
- Tie up of means of finance
- Cost of Production and profitability
- Break even Point
- Internal Rate of Return
- Cash flow
- Debt service Coverage Ratio to establish financial viability
- Economic Benefits
Laghu Udyog registration - SSI Registration
These units can get good benefits in ISO reimbursement, Export, etc.. from SSI Registration or MSME Registration or SSI Registration or DIC Registration or Laghu Udyog in Ahmedabad, Gujarat, India. .
Visit us at SSI REGISTRATION IN INDIA or MSME REGISTRATION IN INDIA
DIC Registration in Ahmedabad, DIC Registration in Mumbai, DIC Registration in Pune, DIC Registration in Surat, SSI Registration in Ahmedabad, SSI Registration in Gujarat, SSI Registration in India
MSMED Registration in Ahmedabad, MSMED Registration in Gujarat, MSMED Registration in India Laghu Udyog Registration in Ahmedabad
Laghu Udyog registration - SSI Registration
These units can get good benefits in ISO reimbursement, Export, etc.. from SSI Registration or MSME Registration or SISI Registration or Laghu Udyog in Ahmedabad, Gujarat, India. .
Feel free to contact us Mobile : 9374745450 or email us ekdantcons@gmail.com
Visit us at SSI REGISTRATION IN INDIA or MSME REGISTRATION IN INDIA
SSI Registration in Ahmedabad, SSI Registration in Gujarat, SSI Registration in India
MSMED Registration in Ahmedabad, MSMED Registration in Gujarat, MSMED Registration in India Laghu Udyog Registration in Ahmedabad
Laghu Udyog registration - SSI Registration
These units can get good benefits in ISO reimbursement, Export, etc.. from SSI Registration or MSME Registration or SISI Registration or Laghu Udyog in Ahmedabad, Gujarat, India. .
Feel free to contact us Mobile : 9374745450 or email us ekdantcons@gmail.com
Visit us at SSI REGISTRATION IN INDIA or MSME REGISTRATION IN INDIA
SSI Registration in Ahmedabad, SSI Registration in Gujarat, SSI Registration in India
MSMED Registration in Ahmedabad, MSMED Registration in Gujarat, MSMED Registration in India Laghu Udyog Registration in Ahmedabad
SSI Registration - Laghu Udyog Registration - MSMED Registration
These units can get good benefits in ISO reimbursement, Export, etc.. from SSI Registration or MSME Registration or SISI Registration or Laghu Udyog in Ahmedabad, Gujarat, India. .
Visit us at SSI REGISTRATION IN INDIA or MSME REGISTRATION IN INDIA
SSI Registration in Ahmedabad, SSI Registration in Gujarat, SSI Registration in India
MSMED Registration in Ahmedabad, MSMED Registration in Gujarat, MSMED Registration in India Laghu Udyog Registration in Ahmedabad
SSI Registration - Laghu Udyog Registration - MSMED Registration
These units can get good benefits in ISO reimbursement, Export, etc.. from SSI Registration or MSME Registration or SISI Registration or Laghu Udyog in Ahmedabad, Gujarat, India. .
Feel free to contact us Mobile : 9374745450 or email us ekdantcons@gmail.com
Visit us at SSI REGISTRATION IN INDIA or MSME REGISTRATION IN INDIA
SSI Registration in Ahmedabad, SSI Registration in Gujarat, SSI Registration in India
MSMED Registration in Ahmedabad, MSMED Registration in Gujarat, MSMED Registration in India Laghu Udyog Registration in Ahmedabad
SSI Registration - Laghu Udyog Registration - MSMED Registration
These units can get good benefits in ISO reimbursement, Export, etc.. from SSI Registration or MSME Registration or SISI Registration or Laghu Udyog in Ahmedabad, Gujarat, India. .
Feel free to contact us Mobile : 9374745450 or email us ekdantcons@gmail.com
Visit us at SSI REGISTRATION IN INDIA or MSME REGISTRATION IN INDIA
SSI Registration in Ahmedabad, SSI Registration in Gujarat, SSI Registration in India
MSMED Registration in Ahmedabad, MSMED Registration in Gujarat, MSMED Registration in India Laghu Udyog Registration in Ahmedabad
SSI Registration - MSME Registration - Laghu Udyog Registration
These units can get good benefits in ISO reimbursement, Export, etc.. from SSI Registration or MSME Registration or SISI Registration or Laghu Udyog in Ahmedabad, Gujarat, India. .
Visit us at SSI REGISTRATION IN INDIA or MSME REGISTRATION IN INDIA
SSI Registration in Ahmedabad, SSI Registration in Gujarat, SSI Registration in India
MSMED Registration in Ahmedabad, MSMED Registration in Gujarat, MSMED Registration in India Laghu Udyog Registration in Ahmedabad
SSI Registration - MSME Registration - Laghu Udyog Registration
These units can get good benefits in ISO reimbursement, Export, etc.. from SSI Registration or MSME Registration or SISI Registration or Laghu Udyog in Ahmedabad, Gujarat, India. .
Feel free to contact us Mobile : 9374745450 or email us ekdantcons@gmail.com
Visit us at SSI REGISTRATION IN INDIA or MSME REGISTRATION IN INDIA
SSI Registration in Ahmedabad, SSI Registration in Gujarat, SSI Registration in India
MSMED Registration in Ahmedabad, MSMED Registration in Gujarat, MSMED Registration in India Laghu Udyog Registration in Ahmedabad
SSI Registration - MSME Registration - Laghu Udyog Registration
These units can get good benefits in ISO reimbursement, Export, etc.. from SSI Registration or MSME Registration or SISI Registration or Laghu Udyog in Ahmedabad, Gujarat, India. .
Feel free to contact us Mobile : 9374745450 or email us ekdantcons@gmail.com
Visit us at SSI REGISTRATION IN INDIA or MSME REGISTRATION IN INDIA
SSI Registration in Ahmedabad, SSI Registration in Gujarat, SSI Registration in India
MSMED Registration in Ahmedabad, MSMED Registration in Gujarat, MSMED Registration in India Laghu Udyog Registration in Ahmedabad
Ministry of MSME
Programmes & Schemes of the Ministry of MSME
Ministry of MSME
Programmes & Schemes of the Ministry of MSME
Ministry of MSME
Programmes & Schemes of the Ministry of MSME
Ministry of MSME
Programmes & Schemes of the Ministry of MSME
Ministry of MSME
Programmes & Schemes of the Ministry of MSME
Ministry of MSME
Programmes & Schemes of the Ministry of MSME
Support for Entrepreneurial and Managerial Development of SMEs through Incubators
Details of Scheme for "Support for Entrepreneurial and Management Development of SMEs through Incubators" |
| |
Support for Entrepreneurial and Managerial Development of SMEs through Incubators
Details of Scheme for "Support for Entrepreneurial and Management Development of SMEs through Incubators" |
| |
Support for Entrepreneurial and Managerial Development of SMEs through Incubators
Details of Scheme for "Support for Entrepreneurial and Management Development of SMEs through Incubators" |
| |
Support for Entrepreneurial and Managerial Development of SMEs through Incubators
Details of Scheme for "Support for Entrepreneurial and Management Development of SMEs through Incubators" |
| |
Support for Entrepreneurial and Managerial Development of SMEs through Incubators
Details of Scheme for "Support for Entrepreneurial and Management Development of SMEs through Incubators" |
| |
Support for Entrepreneurial and Managerial Development of SMEs through Incubators
Details of Scheme for "Support for Entrepreneurial and Management Development of SMEs through Incubators" |
| |
BRIEF NOTE ON BARCODING
For Micro and Small manufacturing enterprise which have resource constraints but need to compete for global and domestic business opportunities with larger adoption of IT tools to enhance their efficiency and productivity, market accessibility and cost effectiveness is a business imperative today. Bar coding has been in use extensively for the past 25 years worldwide and is now finding increase usage as well across industry sector. Recognised the importance of bar coding O/o DC (MSME), Ministry of Micro, Small and Medium Enterprises, Govt. of India has notified an attractive financial assistance scheme for registered Micro and Small manufacturing enterprise vide their notification No.10(6)/2000-EP&M dt.27th Nov., 2001 for adoption of international numbering systems in bar coding and E-commerce applications w.e.f. Ist January 2002. As per the scheme Micro and Small manufacturing enterprise, who have adopted bar code on or after Ist January, 2002 are now eligible to get the financial assistance 75% (upto Rs.18,750/-) of the one time registration fee paid to GS1 India. Further, it was also decided that SSI/tiny units who got registered for bar coding during the previous year i.e. on or after 01.1.01 will also be eligible for reimbursement of 75% of their one time registration fee.
The scope of the present scheme has been enhanced w.e.f. 1st June 2007. Accordingly, it has been decided that 75% (Rs. 3750/-) of the annual fee (recurring) for GS1 company prefix by GS1 India for adoption of bar code certification for the first three years would also be reimbursed to Micro and Small entrepreneurs, in addition to reimbursement of one time registration fee as charged by GS1 (formerly EAN India)
To obtain financial assistance on bar code certification, Small and Micro manufacturing enterprises may apply application to Dy. Director (MA) office of the Development Commissioner (MSME) Room No-734, 7th floor Nirman Bhawan New Delhi-110011, with Form VI and Annexure I, II, IIIA,IIIB, & IV:
The detailed of scheme with the relevant registration forms are available on our website at: www.smallindustryindia.com or www.laghu-udyog.com or www.dcmsme.gov.in and also at GS1 India's website www.gs1india.org . All the Micro and Small manufacturing enterprise who have adopted bar code certificates, are advised to apply for it at the earliest and avail of this financial assistance.
BRIEF NOTE ON BARCODING
For Micro and Small manufacturing enterprise which have resource constraints but need to compete for global and domestic business opportunities with larger adoption of IT tools to enhance their efficiency and productivity, market accessibility and cost effectiveness is a business imperative today. Bar coding has been in use extensively for the past 25 years worldwide and is now finding increase usage as well across industry sector. Recognised the importance of bar coding O/o DC (MSME), Ministry of Micro, Small and Medium Enterprises, Govt. of India has notified an attractive financial assistance scheme for registered Micro and Small manufacturing enterprise vide their notification No.10(6)/2000-EP&M dt.27th Nov., 2001 for adoption of international numbering systems in bar coding and E-commerce applications w.e.f. Ist January 2002. As per the scheme Micro and Small manufacturing enterprise, who have adopted bar code on or after Ist January, 2002 are now eligible to get the financial assistance 75% (upto Rs.18,750/-) of the one time registration fee paid to GS1 India. Further, it was also decided that SSI/tiny units who got registered for bar coding during the previous year i.e. on or after 01.1.01 will also be eligible for reimbursement of 75% of their one time registration fee.
The scope of the present scheme has been enhanced w.e.f. 1st June 2007. Accordingly, it has been decided that 75% (Rs. 3750/-) of the annual fee (recurring) for GS1 company prefix by GS1 India for adoption of bar code certification for the first three years would also be reimbursed to Micro and Small entrepreneurs, in addition to reimbursement of one time registration fee as charged by GS1 (formerly EAN India)
To obtain financial assistance on bar code certification, Small and Micro manufacturing enterprises may apply application to Dy. Director (MA) office of the Development Commissioner (MSME) Room No-734, 7th floor Nirman Bhawan New Delhi-110011, with Form VI and Annexure I, II, IIIA,IIIB, & IV:
The detailed of scheme with the relevant registration forms are available on our website at: www.smallindustryindia.com or www.laghu-udyog.com or www.dcmsme.gov.in and also at GS1 India's website www.gs1india.org . All the Micro and Small manufacturing enterprise who have adopted bar code certificates, are advised to apply for it at the earliest and avail of this financial assistance.
BRIEF NOTE ON BARCODING
For Micro and Small manufacturing enterprise which have resource constraints but need to compete for global and domestic business opportunities with larger adoption of IT tools to enhance their efficiency and productivity, market accessibility and cost effectiveness is a business imperative today. Bar coding has been in use extensively for the past 25 years worldwide and is now finding increase usage as well across industry sector. Recognised the importance of bar coding O/o DC (MSME), Ministry of Micro, Small and Medium Enterprises, Govt. of India has notified an attractive financial assistance scheme for registered Micro and Small manufacturing enterprise vide their notification No.10(6)/2000-EP&M dt.27th Nov., 2001 for adoption of international numbering systems in bar coding and E-commerce applications w.e.f. Ist January 2002. As per the scheme Micro and Small manufacturing enterprise, who have adopted bar code on or after Ist January, 2002 are now eligible to get the financial assistance 75% (upto Rs.18,750/-) of the one time registration fee paid to GS1 India. Further, it was also decided that SSI/tiny units who got registered for bar coding during the previous year i.e. on or after 01.1.01 will also be eligible for reimbursement of 75% of their one time registration fee.
The scope of the present scheme has been enhanced w.e.f. 1st June 2007. Accordingly, it has been decided that 75% (Rs. 3750/-) of the annual fee (recurring) for GS1 company prefix by GS1 India for adoption of bar code certification for the first three years would also be reimbursed to Micro and Small entrepreneurs, in addition to reimbursement of one time registration fee as charged by GS1 (formerly EAN India)
To obtain financial assistance on bar code certification, Small and Micro manufacturing enterprises may apply application to Dy. Director (MA) office of the Development Commissioner (MSME) Room No-734, 7th floor Nirman Bhawan New Delhi-110011, with Form VI and Annexure I, II, IIIA,IIIB, & IV:
The detailed of scheme with the relevant registration forms are available on our website at: www.smallindustryindia.com or www.laghu-udyog.com or www.dcmsme.gov.in and also at GS1 India's website www.gs1india.org . All the Micro and Small manufacturing enterprise who have adopted bar code certificates, are advised to apply for it at the earliest and avail of this financial assistance.
BRIEF NOTE ON BARCODING
For Micro and Small manufacturing enterprise which have resource constraints but need to compete for global and domestic business opportunities with larger adoption of IT tools to enhance their efficiency and productivity, market accessibility and cost effectiveness is a business imperative today. Bar coding has been in use extensively for the past 25 years worldwide and is now finding increase usage as well across industry sector. Recognised the importance of bar coding O/o DC (MSME), Ministry of Micro, Small and Medium Enterprises, Govt. of India has notified an attractive financial assistance scheme for registered Micro and Small manufacturing enterprise vide their notification No.10(6)/2000-EP&M dt.27th Nov., 2001 for adoption of international numbering systems in bar coding and E-commerce applications w.e.f. Ist January 2002. As per the scheme Micro and Small manufacturing enterprise, who have adopted bar code on or after Ist January, 2002 are now eligible to get the financial assistance 75% (upto Rs.18,750/-) of the one time registration fee paid to GS1 India. Further, it was also decided that SSI/tiny units who got registered for bar coding during the previous year i.e. on or after 01.1.01 will also be eligible for reimbursement of 75% of their one time registration fee.
The scope of the present scheme has been enhanced w.e.f. 1st June 2007. Accordingly, it has been decided that 75% (Rs. 3750/-) of the annual fee (recurring) for GS1 company prefix by GS1 India for adoption of bar code certification for the first three years would also be reimbursed to Micro and Small entrepreneurs, in addition to reimbursement of one time registration fee as charged by GS1 (formerly EAN India)
To obtain financial assistance on bar code certification, Small and Micro manufacturing enterprises may apply application to Dy. Director (MA) office of the Development Commissioner (MSME) Room No-734, 7th floor Nirman Bhawan New Delhi-110011, with Form VI and Annexure I, II, IIIA,IIIB, & IV:
The detailed of scheme with the relevant registration forms are available on our website at: www.smallindustryindia.com or www.laghu-udyog.com or www.dcmsme.gov.in and also at GS1 India's website www.gs1india.org . All the Micro and Small manufacturing enterprise who have adopted bar code certificates, are advised to apply for it at the earliest and avail of this financial assistance.
BRIEF NOTE ON BARCODING
For Micro and Small manufacturing enterprise which have resource constraints but need to compete for global and domestic business opportunities with larger adoption of IT tools to enhance their efficiency and productivity, market accessibility and cost effectiveness is a business imperative today. Bar coding has been in use extensively for the past 25 years worldwide and is now finding increase usage as well across industry sector. Recognised the importance of bar coding O/o DC (MSME), Ministry of Micro, Small and Medium Enterprises, Govt. of India has notified an attractive financial assistance scheme for registered Micro and Small manufacturing enterprise vide their notification No.10(6)/2000-EP&M dt.27th Nov., 2001 for adoption of international numbering systems in bar coding and E-commerce applications w.e.f. Ist January 2002. As per the scheme Micro and Small manufacturing enterprise, who have adopted bar code on or after Ist January, 2002 are now eligible to get the financial assistance 75% (upto Rs.18,750/-) of the one time registration fee paid to GS1 India. Further, it was also decided that SSI/tiny units who got registered for bar coding during the previous year i.e. on or after 01.1.01 will also be eligible for reimbursement of 75% of their one time registration fee.
The scope of the present scheme has been enhanced w.e.f. 1st June 2007. Accordingly, it has been decided that 75% (Rs. 3750/-) of the annual fee (recurring) for GS1 company prefix by GS1 India for adoption of bar code certification for the first three years would also be reimbursed to Micro and Small entrepreneurs, in addition to reimbursement of one time registration fee as charged by GS1 (formerly EAN India)
To obtain financial assistance on bar code certification, Small and Micro manufacturing enterprises may apply application to Dy. Director (MA) office of the Development Commissioner (MSME) Room No-734, 7th floor Nirman Bhawan New Delhi-110011, with Form VI and Annexure I, II, IIIA,IIIB, & IV:
The detailed of scheme with the relevant registration forms are available on our website at: www.smallindustryindia.com or www.laghu-udyog.com or www.dcmsme.gov.in and also at GS1 India's website www.gs1india.org . All the Micro and Small manufacturing enterprise who have adopted bar code certificates, are advised to apply for it at the earliest and avail of this financial assistance.
BRIEF NOTE ON BARCODING
For Micro and Small manufacturing enterprise which have resource constraints but need to compete for global and domestic business opportunities with larger adoption of IT tools to enhance their efficiency and productivity, market accessibility and cost effectiveness is a business imperative today. Bar coding has been in use extensively for the past 25 years worldwide and is now finding increase usage as well across industry sector. Recognised the importance of bar coding O/o DC (MSME), Ministry of Micro, Small and Medium Enterprises, Govt. of India has notified an attractive financial assistance scheme for registered Micro and Small manufacturing enterprise vide their notification No.10(6)/2000-EP&M dt.27th Nov., 2001 for adoption of international numbering systems in bar coding and E-commerce applications w.e.f. Ist January 2002. As per the scheme Micro and Small manufacturing enterprise, who have adopted bar code on or after Ist January, 2002 are now eligible to get the financial assistance 75% (upto Rs.18,750/-) of the one time registration fee paid to GS1 India. Further, it was also decided that SSI/tiny units who got registered for bar coding during the previous year i.e. on or after 01.1.01 will also be eligible for reimbursement of 75% of their one time registration fee.
The scope of the present scheme has been enhanced w.e.f. 1st June 2007. Accordingly, it has been decided that 75% (Rs. 3750/-) of the annual fee (recurring) for GS1 company prefix by GS1 India for adoption of bar code certification for the first three years would also be reimbursed to Micro and Small entrepreneurs, in addition to reimbursement of one time registration fee as charged by GS1 (formerly EAN India)
To obtain financial assistance on bar code certification, Small and Micro manufacturing enterprises may apply application to Dy. Director (MA) office of the Development Commissioner (MSME) Room No-734, 7th floor Nirman Bhawan New Delhi-110011, with Form VI and Annexure I, II, IIIA,IIIB, & IV:
The detailed of scheme with the relevant registration forms are available on our website at: www.smallindustryindia.com or www.laghu-udyog.com or www.dcmsme.gov.in and also at GS1 India's website www.gs1india.org . All the Micro and Small manufacturing enterprise who have adopted bar code certificates, are advised to apply for it at the earliest and avail of this financial assistance.
Credit Guarantee Fund Scheme for MICRO AND SMALL ENTERPRISES
Introduction
There are an estimated 13.4 million micro and small enterprises (MSEs) in the country at the end of March 2008, providing employment to an estimated 32.3 million persons. The MSE sector contributes about 39% of the manufacturing sector output and 33% of the nation's exports. Of all the problems faced by the MSEs, non-availability of timely and adequate credit at reasonable interest rate is one of the most important. One of the major causes for low availability of bank finance to this sector is the high risk perception of the banks in lending to MSEs and consequent insistence on collaterals which are not easily available with these enterprises. The problem is more serious for micro enterprises requiring small loans and the first generation entrepreneurs.
2. The Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGMSE) was launched by the Government of India to make available collateral-free credit to the micro and small enterprise sector. Both the existing and the new enterprises are eligible to be covered under the scheme. The Ministry of Micro, Small and Medium Enterprises and Small Industries Development Bank of India (SIDBI), established a Trust named Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to implement the Credit Guarantee Fund Scheme for Micro and Small Enterprises. The scheme was formally launched on August 30, 2000 and is operational with effect from 1st January 2000. The corpus of CGTMSE is being contributed by the Government and SIDBI in the ratio of 4:1 respectively and has contributed Rs.1584.05 crore to the corpus of the Trust up to June 30, 2008. As announced in the Package for MSEs, the corpus is to be raised to Rs.2500 crore by the end of 11th Plan.
Eligible Lending Institutions
3. The institutions, which are eligible under the scheme, are scheduled commercial banks (Public Sector Banks/Private Sector Banks/Foreign Banks) and select Regional Rural Banks (which have been classified under 'Sustainable Viable' category by NABARD). National Small Industries Corporation Ltd. (NSIC), North Eastern Development Finance Corporation Ltd. (NEDFi) and SIDBI have also been made eligible institutions. As on June 30, 2008, there are 65 Member Lending Institutions (MLIs) of the Trust, comprising 28 Public Sector Banks, 14 Private Sector Banks, 20 Regional Rural Banks and 3 other Institutions viz., NSIC, NEDFI and SIDBI.
Eligible Credit Facility
4. The credit facilities which are eligible to be covered under the scheme are both term loans and working capital facility up to Rs.50 lakh per borrowing unit, extended without any collateral security or third party guarantee, to a new or existing micro and small enterprise. For those units covered under the guarantee scheme, which may become sick owing to factors beyond the control of management, rehabilitation assistance extended by the lender could also be covered under the guarantee scheme. It is noteworthy that if the credit facility exceeds Rs.50 lakh, it may still be covered under the scheme but the guarantee cover will be extended for credit assistance of Rs.50 lakh only. Another important requirement under the scheme is that the credit facility should be availed by the borrowing unit from a single lending institution. However, the unit already assisted by the State Level Institution/NSIC/NEDFi can be covered under the scheme for the credit facility availed from member bank, subject to fulfillment of other eligibility criteria. Any credit facility in respect of which risks are additionally covered under a scheme, operated by Government or other agencies, will not be eligible for coverage under the scheme.
Guarantee Cover
5. The guarantee cover available under the scheme is to the extent of 75 per cent of the sanctioned amount of the credit facility. The extent of guarantee cover is 80 per cent for (i) micro enterprises for loans up to Rs.5 lakh; (ii) MSEs operated and/or owned by women; and (iii) all loans in the North-East Region. In case of default, Trust settles the claim up to 75% (or 80% wherever applicable) of the amount in default of the credit facility extended by the lending institution. For this purpose the amount in default is reckoned as the principal amount outstanding in the account of the borrower, in respect of term loan, and amount of outstanding working capital facilities, including interest, as on the date of the account turning Non-Performing Asset (NPA).
Tenure of Guarantee
6. The Guarantee cover under the scheme is for the agreed tenure of the term loan/composite credit. In case of working capital, the guarantee cover is of 5 years or block of 5 years.
Fee for Guarantee
Credit Guarantee Fund Scheme for MICRO AND SMALL ENTERPRISES
Introduction
There are an estimated 13.4 million micro and small enterprises (MSEs) in the country at the end of March 2008, providing employment to an estimated 32.3 million persons. The MSE sector contributes about 39% of the manufacturing sector output and 33% of the nation's exports. Of all the problems faced by the MSEs, non-availability of timely and adequate credit at reasonable interest rate is one of the most important. One of the major causes for low availability of bank finance to this sector is the high risk perception of the banks in lending to MSEs and consequent insistence on collaterals which are not easily available with these enterprises. The problem is more serious for micro enterprises requiring small loans and the first generation entrepreneurs.
2. The Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGMSE) was launched by the Government of India to make available collateral-free credit to the micro and small enterprise sector. Both the existing and the new enterprises are eligible to be covered under the scheme. The Ministry of Micro, Small and Medium Enterprises and Small Industries Development Bank of India (SIDBI), established a Trust named Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to implement the Credit Guarantee Fund Scheme for Micro and Small Enterprises. The scheme was formally launched on August 30, 2000 and is operational with effect from 1st January 2000. The corpus of CGTMSE is being contributed by the Government and SIDBI in the ratio of 4:1 respectively and has contributed Rs.1584.05 crore to the corpus of the Trust up to June 30, 2008. As announced in the Package for MSEs, the corpus is to be raised to Rs.2500 crore by the end of 11th Plan.
Eligible Lending Institutions
3. The institutions, which are eligible under the scheme, are scheduled commercial banks (Public Sector Banks/Private Sector Banks/Foreign Banks) and select Regional Rural Banks (which have been classified under 'Sustainable Viable' category by NABARD). National Small Industries Corporation Ltd. (NSIC), North Eastern Development Finance Corporation Ltd. (NEDFi) and SIDBI have also been made eligible institutions. As on June 30, 2008, there are 65 Member Lending Institutions (MLIs) of the Trust, comprising 28 Public Sector Banks, 14 Private Sector Banks, 20 Regional Rural Banks and 3 other Institutions viz., NSIC, NEDFI and SIDBI.
Eligible Credit Facility
4. The credit facilities which are eligible to be covered under the scheme are both term loans and working capital facility up to Rs.50 lakh per borrowing unit, extended without any collateral security or third party guarantee, to a new or existing micro and small enterprise. For those units covered under the guarantee scheme, which may become sick owing to factors beyond the control of management, rehabilitation assistance extended by the lender could also be covered under the guarantee scheme. It is noteworthy that if the credit facility exceeds Rs.50 lakh, it may still be covered under the scheme but the guarantee cover will be extended for credit assistance of Rs.50 lakh only. Another important requirement under the scheme is that the credit facility should be availed by the borrowing unit from a single lending institution. However, the unit already assisted by the State Level Institution/NSIC/NEDFi can be covered under the scheme for the credit facility availed from member bank, subject to fulfillment of other eligibility criteria. Any credit facility in respect of which risks are additionally covered under a scheme, operated by Government or other agencies, will not be eligible for coverage under the scheme.
Guarantee Cover
5. The guarantee cover available under the scheme is to the extent of 75 per cent of the sanctioned amount of the credit facility. The extent of guarantee cover is 80 per cent for (i) micro enterprises for loans up to Rs.5 lakh; (ii) MSEs operated and/or owned by women; and (iii) all loans in the North-East Region. In case of default, Trust settles the claim up to 75% (or 80% wherever applicable) of the amount in default of the credit facility extended by the lending institution. For this purpose the amount in default is reckoned as the principal amount outstanding in the account of the borrower, in respect of term loan, and amount of outstanding working capital facilities, including interest, as on the date of the account turning Non-Performing Asset (NPA).
Tenure of Guarantee
6. The Guarantee cover under the scheme is for the agreed tenure of the term loan/composite credit. In case of working capital, the guarantee cover is of 5 years or block of 5 years.
Fee for Guarantee
Credit Guarantee Fund Scheme for MICRO AND SMALL ENTERPRISES
Introduction
There are an estimated 13.4 million micro and small enterprises (MSEs) in the country at the end of March 2008, providing employment to an estimated 32.3 million persons. The MSE sector contributes about 39% of the manufacturing sector output and 33% of the nation's exports. Of all the problems faced by the MSEs, non-availability of timely and adequate credit at reasonable interest rate is one of the most important. One of the major causes for low availability of bank finance to this sector is the high risk perception of the banks in lending to MSEs and consequent insistence on collaterals which are not easily available with these enterprises. The problem is more serious for micro enterprises requiring small loans and the first generation entrepreneurs.
2. The Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGMSE) was launched by the Government of India to make available collateral-free credit to the micro and small enterprise sector. Both the existing and the new enterprises are eligible to be covered under the scheme. The Ministry of Micro, Small and Medium Enterprises and Small Industries Development Bank of India (SIDBI), established a Trust named Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to implement the Credit Guarantee Fund Scheme for Micro and Small Enterprises. The scheme was formally launched on August 30, 2000 and is operational with effect from 1st January 2000. The corpus of CGTMSE is being contributed by the Government and SIDBI in the ratio of 4:1 respectively and has contributed Rs.1584.05 crore to the corpus of the Trust up to June 30, 2008. As announced in the Package for MSEs, the corpus is to be raised to Rs.2500 crore by the end of 11th Plan.
Eligible Lending Institutions
3. The institutions, which are eligible under the scheme, are scheduled commercial banks (Public Sector Banks/Private Sector Banks/Foreign Banks) and select Regional Rural Banks (which have been classified under 'Sustainable Viable' category by NABARD). National Small Industries Corporation Ltd. (NSIC), North Eastern Development Finance Corporation Ltd. (NEDFi) and SIDBI have also been made eligible institutions. As on June 30, 2008, there are 65 Member Lending Institutions (MLIs) of the Trust, comprising 28 Public Sector Banks, 14 Private Sector Banks, 20 Regional Rural Banks and 3 other Institutions viz., NSIC, NEDFI and SIDBI.
Eligible Credit Facility
4. The credit facilities which are eligible to be covered under the scheme are both term loans and working capital facility up to Rs.50 lakh per borrowing unit, extended without any collateral security or third party guarantee, to a new or existing micro and small enterprise. For those units covered under the guarantee scheme, which may become sick owing to factors beyond the control of management, rehabilitation assistance extended by the lender could also be covered under the guarantee scheme. It is noteworthy that if the credit facility exceeds Rs.50 lakh, it may still be covered under the scheme but the guarantee cover will be extended for credit assistance of Rs.50 lakh only. Another important requirement under the scheme is that the credit facility should be availed by the borrowing unit from a single lending institution. However, the unit already assisted by the State Level Institution/NSIC/NEDFi can be covered under the scheme for the credit facility availed from member bank, subject to fulfillment of other eligibility criteria. Any credit facility in respect of which risks are additionally covered under a scheme, operated by Government or other agencies, will not be eligible for coverage under the scheme.
Guarantee Cover
5. The guarantee cover available under the scheme is to the extent of 75 per cent of the sanctioned amount of the credit facility. The extent of guarantee cover is 80 per cent for (i) micro enterprises for loans up to Rs.5 lakh; (ii) MSEs operated and/or owned by women; and (iii) all loans in the North-East Region. In case of default, Trust settles the claim up to 75% (or 80% wherever applicable) of the amount in default of the credit facility extended by the lending institution. For this purpose the amount in default is reckoned as the principal amount outstanding in the account of the borrower, in respect of term loan, and amount of outstanding working capital facilities, including interest, as on the date of the account turning Non-Performing Asset (NPA).
Tenure of Guarantee
6. The Guarantee cover under the scheme is for the agreed tenure of the term loan/composite credit. In case of working capital, the guarantee cover is of 5 years or block of 5 years.
Fee for Guarantee