RAI GlobalLinker
RAI GlobalLinker

Home > Business Offers > Offer Details

MSME Registration

Get eligible to avail Govt. schemes & subsidies exclusive for SMEs

MSME Registration is mandatory for any business if you want to avail of the benefits offered by the Government under the MSMED act of 2006. Apart from this, an SME will be able to benefit from many other schemes launched by the Government

 

Some of the key benefits of MSME registration are: 

  • Lesser interest rates
  • Excise exemption scheme
  • Subsidies in tax, capital investment and power tariff

 

 

View More

for 1,399

Apply Now

Offer provided by

  • What is SSI/MSME Registration?

    Small scale industries play a vital role in the socio-economic development of India. To promote and encourage these small-scale industries, the government of the country created the MSMED Act. The Act was created to maintain a list of all the industries registered as MSME or SSI. The record aided in providing support and incentives to these firms. Furthermore, SSI helped in employment of people at little capital investments. All these entities should possess certificate of MSME registration, which should be registered with the Central Government’s MSME department under the Act of MSME Development- 2006


    The MSMED Act includes:



    • Small Scale Industries (SSI)

    • Micro, Small and Medium Enterprises (MSME)

    • Different sectors have different limits for registering under the act.

    • A manufacturing enterprise with plants and machinery that required an investment of below 10 Crores can be an MSME.

    • For service enterprises, the amount caps at five crores.

    • If the company exceeds the upper limit, at any point in the future, it is not considered as an MSME.

  • Govt. Schemes for MSMEs

    Udyog Aadhaar Memorandum

    Udyog Aadhaar Memorandum (UAM) was introduced under the MSMED Act, 2006 to promote the ease of doing business for MSMEs. A simple one-page form is filed and the registration is user-friendly and easy. No documentation is required, except the 12-digit Aadhaar card number. Businesses also have a provision to file more than one Udyog Aadhaar with the same Aadhaar number. UAM can be filed on a self-declaration basis.


    Zero Defect Zero Effect

    ZED scheme encourages manufacturers to manufacture goods for export that are of highest quality. If the standards are met and goods are exported, the exporters will be eligible for rebates and concessions. If they are not exporterd, the goods will be rejected and returned to India.


    Quality Management Standards and Quality Technology Tools

    This scheme is aimed at helping micro, small and medium entreprises produce quality products at competitive prices by adopting the tools. Through the tools, businesses will be able to optimize the resource, improve quality, reduce rejection and rework. Under this scheme, businesses will be sensitized about the tools through activities like workshops, campaigns and seminars.


    A System For Monitoring The Grievances

    Under this scheme, the complaints and issues of the businesses will be addressed. The business owners can also track the status of their complaint and open it again it they are dissatisfied with the outcomes.

Avail of special biz offers from
our leading partners to help grow your business

Already a member?

Log in

Avail of special biz offers from
our leading partners to help grow your business

Already a member?

Log in

RAI GlobalLinker - GET THE BIG BUSINESS ADVANTAGE

Visit mobile site