Privileges to Ssi Units

Policy Support2.1 The investing secure for the Tiny Sector allowing continue to be Rs. 25 lakhs. 2.2 The investment border for the MSME field will continue to be at Rs. 1 crore. 2.3 The Ministry of MSME & angstrom; ARI will bring out a specific incline of hi-tech and export oriented industries which would require the investment limit to be raised upto Rs. 5 crores to admit of suitable technology upgradation and to enable them to maintain their competitive edge.2.4 The Limited Partnership execution will be drafted quickly and got enacted. Attempt will be made to bring the Bill before the next school term of the Parliament.3.0 Fiscal Support3.1 To improve the competitiveness of gnomish Scale Sector, the privilege for excise duty limit raised from Rs. 50 lakhs to Rs. 1 crore. 4.0 Credit Support4.1 The composite contributes limit raised from Rs. 10 lakhs to Rs.25 lakhs. 4.2 The Small Scale Service and Business (Industry Related) Enterprises (SSSBEs) with a maximum investment of Rs. 10 lakhs will qualify for priority lending. 4.3 In the subject area Equity Fund turning away, the project cost limit will be raised from Rs. 25 lakhs to Rs. 50 lakhs. The soft loan limit will be retained at 25 per cent of the project cost subject to a maximum of Rs. 10 lakhs per project. Assistance under the NEF will be provided at a service charge of 5 per cent per annum.

 | 4.4 The eligibility limit for coverage under the recently launched (August 2000) Credit Guarantee Scheme has been revised to Rs.25 lakhs from the present limit of Rs. 10 lakhs. 4.5 The Department of economic Affairs will appoint a Task string to suggest revitalisation/restructuring of the State Finance Corporations. 4.6 The Nayak Committees recommendations regarding grooming of 20 per cent of the projected turnover as operative capital is being recommended to the financial institutions and banks. 5.0 Infrastructural Support5.1 The Integrated Infrastructure teaching (IID) Scheme will progressively cover all areas in the country with 50 per cent... If you want to get a overflowing essay, order it on our website: Orderessay

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