Explain the benefits extended to Micro & Small Enterprises (MSEs) for having valid NSIC registration.

The following benefits are extended to Micro & Small Enterprises (MSEs) having valid NSIC registration: Issue of the Tender Sets free of cost. Exemption from payment of Earnest Money Deposit (EMD). In tender participating MSEs quoting price within price band of L1+15 per cent shall also be allowed to supply a portion upto 25% of requirement by bringing down their price to L1 Price where L1 is non MSES. Consortia facility for Tender Marketing. Every Central Ministries/Departments/PSUs shall set an annual goal of minimum 25 per cent of the total annual purchases of the products or services produced or rendered by MSEs. Out of annual requirement of 25% procurement from MSES, 4% is earmarked for units owned by Schedule Caste/Schedule Tribes and 3% is earmarked for the units owned by Women entrepreneurs. Single Point Registration Scheme (SPRS) registered units are integral part of the supply chain to Government. In addition to the above, 358 items are also reserved for exclusive purchase from MSE Sector.