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MSME

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Who can apply<br />

How to apply<br />

Related scheme<br />

Description<br />

d) Practice of categorisation of MSEs in<br />

different slabs on the basis of their present<br />

investment for determining eligible subsidy<br />

has been done away with; and<br />

e) Operation of the scheme has been extended<br />

up to 31st March, 2007. The above revisions/<br />

amendments were made effective from<br />

September 29, 2005.<br />

Eligible beneficiaries include sole proprietorships,<br />

partnerships, co-operative societies, and private<br />

and public limited companies in the MSE sector.<br />

Priority shall be given to women entrepreneurs.<br />

Candidates meeting the eligibility criteria may<br />

approach all scheduled commercial bank,<br />

scheduled cooperative bank [including urban<br />

cooperative bank co-opted by SIDBI under<br />

Technological Upgradation Fund (TUF)],<br />

Regional Rural Bank (RRB), State Financial<br />

Corporation (SFC) and North-Eastern<br />

Development Financial Institution (NEDFi).<br />

ISO 9000/ISO 14001 Certification<br />

Reimbursement<br />

SME has emerged as dynamic and vibrant sector<br />

and is contributing significantly to industrial<br />

production, export and employment generation.<br />

The process of economic liberalisation and<br />

market reforms has opened up Indian SMEs to<br />

global competition. In order to enhance the<br />

competitive strength of SMEs, the Government<br />

has introduced an incentive scheme for their<br />

technological upgradation/quality improvement<br />

and environment management. The scheme<br />

provides incentives to those SMEs/ancillary<br />

7

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