Dream Esssay
MAIN INCENTIVE SCHEMES OF MINISTRY OF MSME, GOVT. OF INDIA
Name of Schemes
1. Prime Minister’s Employment Generation Programme ISO-9000/ISO-14001 Certification Fee Reimbursement Scheme Market Development Assistance Scheme.
Salient features
25% subsidy for entrepreneurs of urban area, 35% subsidy for entrepreneurs of rural area, 5% of project cost as beneficiaries’ contribution & balance 95% loan from banks.
Eligible beneficiaries
Educated unemployed youth.
2.
Reimbursement of expenses incurred in acquiring ISO-9000/ISO14001 Certification, at 75% of the cost or Rs.75,000 whichever is less.
Individual MSEs including those engaged in business/ services. Individual micro & small enterprises.
3.
• • • • •
To encourage participation in international trade fairs for export promotion. 100% subsidy on space rent for NER. 100% reimbursement of air fare by economy class for NER. Reimbursement of 75% of one time registration fee for obtaining Bar Code Registration. Reimbursement of 75% of annual fee for the first three years.
4.
Credit Appraisal and and Rating Tool(CART) Purchase and Price Preference in Govt. Procurement.
Reimbursement of performance and credit rating fee through reputed credit rating agencies.
Individual micro & small enterprises.
5.
• • • • •
358 items are currently reserved for exclusive purchase by the Central Govt. and its PSUs from the MSMEs. 15% price preference for Central Gov. purchases. Tender documents is provided free of charge. Exemption from earnest money/security deposit. To facilitate provision of building up infrastructure with necessary facilities for manufacturing and related service enterprises with reservation of 50% for rural areas. Central Govt. grants assistance upto 80% or Rs.40 million for setting up new industrial estates for MSEs. The scheme has now been subsumed with MSE CDP. To improve availability of quality equipment, machines and tooling facilities. Assistance upto 90% of the
Name of Schemes
1. Prime Minister’s Employment Generation Programme ISO-9000/ISO-14001 Certification Fee Reimbursement Scheme Market Development Assistance Scheme.
Salient features
25% subsidy for entrepreneurs of urban area, 35% subsidy for entrepreneurs of rural area, 5% of project cost as beneficiaries’ contribution & balance 95% loan from banks.
Eligible beneficiaries
Educated unemployed youth.
2.
Reimbursement of expenses incurred in acquiring ISO-9000/ISO14001 Certification, at 75% of the cost or Rs.75,000 whichever is less.
Individual MSEs including those engaged in business/ services. Individual micro & small enterprises.
3.
• • • • •
To encourage participation in international trade fairs for export promotion. 100% subsidy on space rent for NER. 100% reimbursement of air fare by economy class for NER. Reimbursement of 75% of one time registration fee for obtaining Bar Code Registration. Reimbursement of 75% of annual fee for the first three years.
4.
Credit Appraisal and and Rating Tool(CART) Purchase and Price Preference in Govt. Procurement.
Reimbursement of performance and credit rating fee through reputed credit rating agencies.
Individual micro & small enterprises.
5.
• • • • •
358 items are currently reserved for exclusive purchase by the Central Govt. and its PSUs from the MSMEs. 15% price preference for Central Gov. purchases. Tender documents is provided free of charge. Exemption from earnest money/security deposit. To facilitate provision of building up infrastructure with necessary facilities for manufacturing and related service enterprises with reservation of 50% for rural areas. Central Govt. grants assistance upto 80% or Rs.40 million for setting up new industrial estates for MSEs. The scheme has now been subsumed with MSE CDP. To improve availability of quality equipment, machines and tooling facilities. Assistance upto 90% of the