Government Enterprise NSIC Schemes for MSMEs

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NSIC, a Govt. of India enterprise under the Ministry of MSME, assists and promotes MSMEs. Established in 1955, NSIC offers schemes in marketing, credit, technology support, and services to support MSME growth. Benefits include registration support, credit facilitation, and hand-holding assistance. NSIC also helps with marketing support, consortium formation, and tender marketing for MSEs. Fees for registration and inspection are applicable for various categories based on turnover. Overall, NSIC plays a crucial role in uplifting and empowering MSMEs in India.

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Welcomes Welcomes You You A Govt. of India Enterprise Under Ministry of MSME NSIC established in 1955 with the aim to "Aid, Counsel , Assist, Finance, Protect and Promote the Interests of MSMEs

NSICs schemes are classified as under: Marketing Credit Technology Support Services

MARKETING SUPPORT : Single Point Registration Scheme under/ Govt. Stores Purchase Programme 1. Raw Material Distribution 2. Raw Material Assistance 3. Exhibition Participation 4. CREDIT SUPPORT : Credit Facilitation- Bank Tie Up Schemes 1. Performance & Credit Rating Scheme 2. SERVICE SUPPORT : Consortia & Tender Marketing 1. Exhibitions & Buyer Seller Meets 2. Infomediary Service 3. HAND HOLDING SUPPORT

Single Point Registration Scheme of NSIC under Government Stores Purchase GP Registration Programme- Benefits of the Scheme : Issue of tenders sets & application form free of cost. 1. Exemption from payment of Earnest Money Deposit (EMD). 2. Price preference up to 15% over the quotations of the large scale industries being modified. 3.

Registration Fees S.No . I. Category (Turnover Based) Fee Fee for Fresh Registration of Micro & Small Enterprises: 1) For Micro Enterprises- Rs.3000/- a) Turnover up-to Rs. 100 Lacs 2) For Small Enterprises- Rs. 5000/- 1) For Micro Enterprises- Rs.1500/- b) Turnover exceeding Rs. 100 Lacs 2) For Small Enterprises- Rs. 2000/- . (With Cap of Rs. 1 Lac for all Categories) (SERVICE TAX AS APPLICABLE EXTRA) II. a) Fee for issuance of amendments in stores (Qualitative & Quantity); Fee for issuance of change in monetary limit or any other amendment in the certificate, b) Fee for issuance of Renewal of G.P. Registration (Every Two Years) Note: As per approved schemes of National SC/ST HUB DD or Cheque in favour of The NSIC Ltd. payable at Agra The Registration Fee as mentioned in the table above is exclusive of the Inspection charges as levied by the inspecting agency. Such charges as decided by the Inspecting Agency are borne by the unit. Till such time the Inspecting Agency makes any amendments in their charges, the present Inspection fee of Inspecting Agencies is as under :- A. Inspection Fees for MSME-DI S.No . 1 Up to Rs. 5 Lacs 2 >Rs. 5 Lacs Up to 25 Lacs 3 >Rs. 25 Lacs Up to 100 Lacs 4 >Rs. 100 Lacs and upto Rs.500 Lacs Note: As per approved schemes of National SC/ST HUB Only DD in favour of PAO MSME payable at New Delhi 50% of the charges as mentioned at Sr. No. I above (with a cap 100% subsidy in all case for FY-2017-18 of Rs. 50,000/-) Investment in Plant and Machinery Inspection Fees for MSME-DI Rs. 1250/- Rs. 2000/- Rs. 3500/- Rs. 5000/- 100% subsidy in all case for FY-2017-18 5

Consortia and Tender Marketing NSIC submits bids on behalf of MSEs against the tenders of Government Depts./PSUs. Formation of Consortia of the units manufacturing similar products. Orders are framed out to MSEs for execution. Raw material assistance is granted to such units. 5. Bills are realized by NSIC for payment to supplier MSMEs. 1. 2. 3. 4.

Raw Material Distribution . NSIC distributes basic raw materials like Aluminum, Copper, Zinc, Iron & Steel etc. to MSMEs at very competitive rates. . MOU with major bulk Raw material Manufacturers. Aluminium NALCO (National Aluminium Company Ltd.), BALCO (Bharat Aluminium Company Ltd.), Iron & Steel SAIL, RINL Copper Sterlite. Zinc HZL (Hindustan Zinc Limited) , Paraffin CPCL and Polymer IOCL Etc. . By virtue of MOU, NSIC gets special rebates & discounts which is passed on to MSMEs

coppercables RAW MATERIAL ASSISTANCE Credit Support for Raw Material procurement Provide credit support to MSMEs for procurement of any raw material of their requirement. Stainless_Steel_Wire_Rope_Nylon_Coated Credit support is provided by making the payment to supplier of raw material on behalf of the applicant MSMEs. paule3544_1 Credit support is available at very competitive rates against the Bank Guarantee of approved bank.

RAW MATERIAL ASSISTANCE Financial assistance against Bank Guarantee for procurement of any raw material on credit up to 90 days, from any supplier, indigenous: For Micro Unit- 10.50 %, For Small & Medium-11.00% p.a. simple interest. Bulk purchase of basic raw materials like Aluminum from NALCO & BALCO, Copper from Sterlite, Zinc from HZL. Steel from SAIL, RINL at very competitive rates under allocation from the Ministry. NSIC makes 100% immediate payment to the suppliers irrespective of its location, on the basis of invoice/ proforma supplied by the MSMEs units. The MSME unit can purchase any raw material from any supplier. Scope for utilizing non fund based limits like Bank Guarantee from any bank and convert it into fund based limits.

Assistance in Domestic Exhibitions NSIC Facilitates MSMEs to showcase their competencies through participation in national & international exhibitions / trade fairs organized in India by providing space at concessional rates as given below: Category of the Enterprises Micro Small General NER /Women SC/ST 75% 60% 95% 85% 100% 100% Medium 25% 50% 100%

Assistance to Participate in International Exhibitions Provides assistance to MSMEs for space rental and air fare to exhibit their products in the exhibitions held in foreign countries as given below: Space Rental NER/ Women 95% Air fare NER/ Women General SC/ST General SC/ST Micro 75% 100% 85% 95% 100% Small 60% 85% 100% 75% 85% 100% Medium 25% 50% 100% 25% 50% 100% Maximum amount of assistance towards air fare, rental and freight charges varies from Rs. 0.75 lac to Rs. 2.00 lac depending upon the category of entrepreneur and place of exhibition.

Credit Support BANK TIE UP SCHEMES Tie-up made with various banks NSIC long term financing scheme was generating a lot of Net Performing Assets. To obviate further losses and to continue to facilitate credit, Memorandum of Understanding (MOU) were signed with 17 commercial banks. Helps in preparation of credit proposals of MSEs and forwards to these banks & follows up for sanction

List of Banks Entered MOU Axis Bank IndusInd Bank Bank of Baroda Bank of India Yes Bank State Bank of Hyderabad Vijaya Bank Federal Bank State Bank of Travancore Punjab and Sindh Bank Canara Bank State Bank Of India & some other banks. Central Bank of India UCO Bank United Bank of India Bank of Maharashtra China Trust Commercial Bank Oriental Bank of Commerce HSBC Bank Corporation Bank Allahabad Bank Indian Bank Indian Overseas Bank Syndicate Bank

TECHNICAL SERVICE INFOMEDIARY SERVICE NSIC s new B2B Portal for MSMEs NSIC has always been striving to deliver something innovative and economic for the MSME units. The recently launched B2B portal and B2C portal exclusively for SSI units is boon for the sector. www.msmemart.com- For B2B Portal 1. Tender Information with email alerts 2. Global Trade Leads 3. Technology Search 4. Global Mart for e-commerce & web portal (www.msmemart.com) 14

NSICs B2B Portal (www.msmemart.com) for MSMEs

Finance Facilitation Center & GST Center marketing_usability_main 1. Helps MSMEs in accessing credits from banks & financial institutions. 2. Helps in assessing their strengths and weaknesses. 3. GST center at Noida & Kanpur. organization_952_1164256449ROUNDED600