Y MSME ??? Some key comforts of registration in MSMEs. MSME registration helps in getting government tenders as fast as possible. Under the bank loan, 15% import subsidy on fully automatic machinery. Becomes easy to get licenses, approvals and registrations, irrespective of field of business. Compensation of ISO certificate expenditure. Helps in getting low interest rates. Registered […]
Category Archives: Msme Loan
MSME refers to Micro, Small and Medium Enterprises. In a developing country like India, MSME industries are the backbone of the economy. MSME are classified into two categories: MANUFACTURING SERVICE They are defined in term of investment in Plant and Machinery/ Equipment as below: MICRO SMALL MEDIUM Manufacturing Enterprises Investment > Rs. 10 Crore Investment […]
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Key Announcement by FM Today-3Rd Day 1. Fund of 1Lac Cr Created for Agri Infra- Farm Gate Infra to be created, New Warehouses will be created, Cold chain, Primary Agriculture Society, Aggregators in This sectors, Startup in this sector. 2. Food Enterprise Micro in Nature- 10000cr Micro Fund will be created for cluster based approach. […]
Important points of the Press conference of Honorable FM: 👉 Six major steps for MSME 1. Collateral Free Automatic Loan to MSME. No guarantee required. Period 4 Years. No principal repayment for 1 year. 2. Stressed MSME: Subordinate Debt 20,000 crore 3. MSME doing viable business: 50,000 cr. equity infusion for expansion 4. Definition of […]