15/05/2020
Smt. Nirmala Sitharaman,
The Hon'ble Finance Minister announced details of the 20 lakhs crore Financial Aid package on 13.05.2020 called Atmanirbhar Bharat to support *MSMEs* in India.
Being Registered Msme And Its Benefits :
MSME stands for Micro , Small and Medium enterprises.
Clarification between Existing and Revised MSMEs
a. Micro: Limit revised upward Investment upto 1 cr. or Turnover upto 5 cr.
b. Small: Limit revised upward Investment upto 10 cr. or Turnover upto 50 cr.
c. Medium: Limit revised upward Investment upto 20 cr. or Turnover upto 100 cr.
Benefits for Registered 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
3. MSME doing viable business: 50,000 cr. equity infusion for expansion
4. Government Tenders: Global tenders will be disallowed upto 200 cr.
5. There are many tenders which are open only for MSME Industries.
6. Concession on electricity bill, and many more.
Documents required for MSMEs Registeration:
Pan Card
Aadhar card (Mobile no. must be registered on Aadhar for Otp purpose)
Bank details
Business details (Products /Services)
For further queries contact on:
Mayur haryani
Ph no.8586963747
Email id: [email protected]
Note: We will provide you the certificate within an hour on reasonable fees.
