The Micro and Small (Manufacturing and Service Industries) units registered under Single Point Registration Schemes (SPRS) with NSIC get following benefits as per public procurement policy 2012
Maharashtra State Government has notified the purchase rule dated 01.12.2016 to avail the following benefit by MSEs registered with NSIC.
NSIC facilitates credit to MSMEs for their Raw Material requirement for procurement of raw materials.
MSMEs stand to benefit additional fund leverage under the Raw Material Assistance Scheme of NSIC against Bank Guarantee along with assured supply of raw material from leading raw material producers.
|Rate of Interest P.A.||@ 9.50% P.A.||Micro Industries.|
|@ 10.00% P.A.||Small Industries.|
|@ 11.00% P.A.||Medium Industries.|
|Processing fee||@ 1% P.A.|
NSIC has signed agreements / MoUs with the major bulk producers (Aluminium, Iron Steel, Paraffin Wax, Coal and Polymer products etc.) These arrangements facilitate MSMEs in getting material at the manufacturer’s price, leading to reduction in the cost of raw materials and making the end products of MSMEs competitive. The credit support is also available for procurement of raw material(s) at competitive rates.
Small Enterprises in their individual capacity face problems to procure & execute large orders, which deny them a level playing field vis-a'-vis large enterprises. NSIC forms consortia of Micro and Small units manufacturing the same product, thereby pooling in their capacity. NSIC applies the tenders on behalf of single MSE/Consortia of MSEs for securing orders for them. These orders are then distributed amongst MSEs in tune with their production capacity.
To meet the credit requirements of MSME units NSIC has entered into a Memorandum of Understanding with various Nationalized and Private Sector Banks. Through syndication with these banks, NSIC facilitates MSME in accessing credit support (fund based or non-fund based limits) from the banks. NSIC assists MSMEs in completion of the documentation for submitting the proposals to the banks and also does the follow up with the banks. These handholding support are provided by NSIC without any cost to the MSMEs
With increase in competition and melting away of international boundaries, the demand for information is reaching new heights. NSIC, realizing the needs of MSMEs, is offering Infomediary Services which is a one-stop, one-window bouquet of aids that will provide information on business & technology and also exhibit the core competence of Indian MSMEs. B2B Web portal is offering following benefits to the members of Infomediary Services.
To showcase the competencies of Indian SSIs and to capture market opportunities, NSIC participates in select International and National Exhibitions and Trade Fairs every year. NSIC facilitates the participation of the small enterprises by providing concessions in rental etc. Participation in these events exposes SSI units to international practices and enhances their business prowess.
For more details please go to : http://www.nsic.co.in/Schemes/Exhibition-Complex-Event-Management.aspx
Bulk and departmental buyers such as the Railways, Defence, Communication departments and large companies are invited to participate in buyer-seller meets to enrich small enterprises knowledge regarding terms and conditions, quality standards, etc. required by the buyer. These programmes are aimed at vendor development from MSMEs for the bulk manufacturers.
Scheme Implemented by the Ministry of MSME through National Small Industries Corporation (NSIC)
Facilitate SC/ST entrepreneurs in achieving 4% procurement mandate of CPSEs/Central Government Depts. as per Public Procurement Policy 2012. Impart applicable industry best practices Leverage the Stand- up India initiative for encouraging new SC/ST entrepreneurs
Special Subsidy to the SC-ST Entrepreneurs under following three schemes :-