Export Under GST

When we talk of exports under GST, we have to understand the laws and regulations applicable to the import and export of both services and goods. Meaning of Import and Export of Goods under GST Sub-Section 5 of section 2 of IGST Act, 2017 defines – “Export of Goods”, with … Continue reading “Export Under GST”

Support for Entrepreneurial and Managerial Development of MSMEs through Incubators

The objective of the scheme is to promote & support untapped creativity of individual and to promote adoption of latest technologies in manufacturing as well as knowledge based innovative MSMEs (ventures) that seek the validation of their ideas at the proof of concept level. Financial assistance up to 15 lakh … Continue reading “Support for Entrepreneurial and Managerial Development of MSMEs through Incubators”

Digital MSME Scheme

The main objective of the scheme is to make MSMEs digitally empowered and motivate them to adopt ICT tools and applications in their production & business processes to improve their competitiveness in national & international markets. Activities under the scheme include (i) Development of e-platform (India Enterprise Portal), (ii) Development … Continue reading “Digital MSME Scheme”

Financial Support to MSMEs in ZED Certification Scheme

The objectives of the scheme include inculcating Zero Defect & Zero Effect practices in manufacturing processes, ensure continuous improvement supporting the Make in India initiative. The scheme envisages promotion of Zero Defect and Zero Effect (ZED) manufacturing amongst MSMEs so as to Promote adaptation of Quality tools/systems and Energy Efficient … Continue reading “Financial Support to MSMEs in ZED Certification Scheme”

Building Awareness on Intellectual Property Rights (IPRs)

Building Awareness on Intellectual Property Rights (IPRs) for the MSME is administered 17 with the objective to enhance awareness of MSMEs about Intellectual Property Rights (IPRs) and to take measure for the protecting their ideas and business strategies. These objectives are fulfilled through various activities under the scheme like awareness … Continue reading “Building Awareness on Intellectual Property Rights (IPRs)”

Lean Manufacturing Competitiveness Scheme (LMCS)

The Lean Manufacturing Competitiveness Scheme (LMCS) is a business initiative to enhance Competitiveness of the manufacturing sector, imbibing a culture of continuous improvement inculcating good management system resulted through increase in overall productivity. The objective of the scheme is to enhance the manufacturing competitiveness in MSMEs through the application of … Continue reading “Lean Manufacturing Competitiveness Scheme (LMCS)”

Design Clinic Scheme

The objective of Design Clinic Scheme is to enhance industry understanding and application to design and innovation, and to promote design as a value adding activity and integrate it into mainstream business and industrial process of MSMEs; bring the industrial design fraternity closer to the MSME Sector; increase the awareness … Continue reading “Design Clinic Scheme”

MSE Cluster Development Programme (MSE-CDP)

The scheme supports financial assistance for establishment of Common Facility Centres (CFCs) for Testing, Training Centres, R&D, Effluent Treatment, Raw Material Depot, Complementing Production Processes etc. and to create/upgrade infrastructural facilities in the new/existing industrial areas/clusters of MSEs such as Flatted Factory Complex, power distribution network, water, telecommunication, drainage and … Continue reading “MSE Cluster Development Programme (MSE-CDP)”

Entrepreneurship and Skill Development Programme (ESDP)

The objective of the programme is to motivate young persons representing different sections of the society including SC/ST/ Women, Physically Handicapped, Ex-servicemen and below poverty line (BPL) persons to consider self-employment or entrepreneurship as one of the career options. The ultimate objective is to promote new enterprises, 6 capacity building … Continue reading “Entrepreneurship and Skill Development Programme (ESDP)”