Bermuda Sports Manufacturing Unit, a Micro and Small Enterprise, seek registration under Single Point Registration Scheme of NSIC. State the various benefits/facilities available to the registered units.

CS Executive · Setting up of Business Entities and Closure · PYQS · June 2019
Bermuda Sports Manufacturing Unit, a Micro and Small Enterprise, seek registration under Single Point Registration Scheme of NSIC. State the various benefits/facilities available to the registered units.

Answer & Explanation:

The units registered under Single Point Registration Scheme of NSIC are eligible to get the benefits under 'Public Procurement Policy for Micro & Small Enterprises (MSES) Order 2012' as notified by the Government of India, Ministry of Micro, Small & Medium Enterprises, New Delhi vide Gazette Notification dated 23.03.2012. 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 20% of requirement by bringing down their price to L1 Price where L1 is non MSEs Every Central Ministry/Department/PSU shall set an annual goal of minimum 20 per cent of the total annual purchases of the products or services produced or rendered by MSEs. Out of annual requirement of 20% procurement from MSEs, 4% is earmarked for units owned by Schedule Caste/Schedule Tribes (as per PPP Order dated 23.03.2012 overall procurement goal shall be mandatory with effect from 01/04/2015) In addition to the above, 358 items are also reserved for exclusive purchase from SSI Sector.

Topics: Micro, Small & Medium Enterprises (MSME)

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