Business Loans (Small Scale Industries) – CGTSI

ING offers loans to Small Scale Industries at competitive interest rates without any collateral security.

Credit Guarantee Fund Trust for Small Industries [CGTSI]

ING is one of the member lending banks for CGTSI. ING Ltd offers loans of up to Rs 25 lakhs to SSI units under CGTSI at competitive interest rates without any collateral security and / or third party guarantee. In addition the guarantee fee payable to CGTSI would be debited to the account.

Minimum Loan Amount: No Minimum Amount

Maximum Loan Amount: Rs 25 lakhs

Eligibility:

The SSI units engaged in activities like manufacturing, processing or SSSBEs, including Information Technology and / or Software industry are eligible.

Guarantee fee payable to CGTSI:
One time Guarantee fee of 2.5% of the credit facility sanctioned.
Annual Service fee of 1% of credit facility on the outstanding loan amount as on March 31 each year.
Collateral: No additional collateral is required

For more details, write to us at

ING Vysya Bank Limited
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MSME Registration in Gujarat

We are providing Consultantcy Services for SSI units, Small Scale Industry, Micro Small Medium Enterprise for their process of registration in Govt.  to avail benefits from Government of India and Goverment of Gujarat.

Manufacturer and Exporter can get benefits from registering there self in SSI (Small Scale Industry) or MSME (Micro Small Medium Enterprise).

SSI Registration

Feel free to contact us on ekdantcons@gmail.com

SSI registration in Ahmedabad | SSI registration in Gujarat | MSME registration in Ahmedabad | MSME registration in Gujarat | Small Scale Industryssi registration

Interest Subsidy Agro Business

Interest Subsidy

Interest Subsidy, SSI Registration, Industry Registration

The entrepreneur is required to furnish information in the application form for availing assistance for agro industrial project, agri infrastructure project and center for excellence. He is required to prepare the detailed project report and get it appraised by the financial institution providing term loan for the proposed project. The interest subsidy shall be granted towards interest on term loan from nationalised banks and financial institutions recognised by Reserve Bank of India. In case the term loan is granted by a co-operative bank, the entrepreneur is required to get the project appraised by GITCO or such organisation nominated by GAIC. The cost of the appraisal shall be borne by the entrepreneur.

The entrepreneur shall get back ended interest subsidy after the project has commenced the commercial production. The certificate from the bank/ financial institution is required to be submitted before disbursement of subsidy can take place. The interest subsidy payable to the entrepreneur will be sent directly to the bank / financial institution.

SME pharmas may get interest subsidy

THE government may provide an interest subsidy to small and medium-size (SME) pharma companies to upgrade their facilities in order to meet stringent quality protocols. This particular proposal in the draft pharma policy is getting support from different wings of the government. The Prime Minister’s Office is keen to take forward the proposal for extending 5% interest subsidy to SMEs facing a fund crunch in order to meet the health ministry’s revised good manufacturing practices (GMP). A group of ministers (GoM) reviewing the new pharmaceutical policy is likely to take a decision on the issue soon, an official source said. The Planning Commission has already accorded an in-principle approval to provide Rs 560 crore for the scheme in the Eleventh Plan. The proposal is likely to get a goahead even as finance ministry cautioned the government on the budgetary implications of providing numerous fiscal incentives proposed in the draft policy. Once implemented, the interest subsidy scheme is likely to benefit close to 2,000 SMEs drug makers. The scheme would also come to the rescue of drug makers in Gujarat and Madhya Pradesh, several of whom have closed down due to lack of capital while others are struggling to find resources to meet the new GMP requirements. Several companies have also defaulted on loan repayments due to paucity of funds. The new GMP norms notified by the Union health ministry became mandatory with effect from July 1, 2005. The new requirements are comparable with WHO GMP norms. While the new norms have helped in standardising drugs produced by the SME manufacturers to those available elsewhere in the world, the exercise has substantially increased the upgradation cost for manufacturers. It is felt by government officials that low-cost advantage of SME drug makers should be protected in the larger national interest by providing suitable fiscal incentive in the form of an interest subsidy. As per a report of the Development Commissioner (SSI), contribution of SSIs in Indian Pharma market is 50% by volume and 30% by value.

Micro, Small and Medium Enterprises Development (MSMED) Act, 2006

As per GR 2006 of MSMED.

SSI Registration, Small Scale Industry, Small Scale Industry Registration

SSI Registration, Small Scale Industry

Section 8 of the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 provides for filing of memorandum by a Micro, Small or Medium Enterprise.  Sub-section (2) of section 8 stipulates that the form of the Memorandum, the procedure of its filing and other matters incidental thereto shall be such as notified by the Central Government.

SSI Registration in Gujarat, SSI Registration in Maharashtra

SSI Registration in Ahmedabad, SSI Registration in Mumbai

SSI Registration in Vadodara, SSI Registration in Pune

SSI Registration in Gujarat

We are providing consultancy service those who are planning to start or setup new Small Scale Industry business as a Manufacturing unit.

To startup new setup of Manufacturing unit you must required to be registered in Small Scale Industry Unit.

We are offering following services to our clients.

Small Scale Industry (SSI) Registration.
– Import Export Code registration (IEC code registraiton).
– ISO Certification.

– Trademark Registration.

Feel free to contact us for more details or email us.

Small Scale Industry Registration (SSI Unit)

Small Scale Industry Registration is most important for those who are manufacturers or Exporters to avail Government Benefits for their SSI Unit.

Benefits of Registering

The registration scheme has no statutory basis. Units would normally get registered to avail some benefits, incentives or support given either by the Central or State Govt. The regime of incentives offered by the Centre generally contains the following:

 – Credit prescription (Priority sector lending), differential rates of interest etc.
 – Excise Exemption Scheme
 – Exemption under Direct Tax Laws.
 – Statutory support such as reservation and the Interest on Delayed Payments Act.

(It is to be noted that the Banking Laws, Excise Law and the Direct Taxes Law have incorporated the word SSI in their exemption notifications. Though in many cases they may define it differently. However, generally the registration certificate issued by the registering authority is seen as proof of being SSI).

States/UTs have their own package of facilities and incentives for small scale. They relate to development of industrial estates, tax subsidies, power tariff subsidies, capital investment subsidies and other support. Both the Centre and the State, whether under law or otherwise, target their incentives and support packages generally to units registered with them.

SSI Registration in Gujarat | SSI Registration in Ahmedabad | MSME Registration in Gujarat | MSME Registration in Ahmedabad

Registration of Small Scale Industrial Units

The Scheme of voluntary registration of Small Scale, Village and Cottage Industries with the State Directorate of Industries was introduced in 1960 and such registered industrial units were made eligible for different types of assistances by the Governmental Agencies. Initially a uniform norm for registration were not laid down with the result that some of the States had granted different registration numbers to different lines of manufacturing processes to the same unit thereby resulting in multiple registration.  

Therefore to avoid such anomalies a uniform set of Application Forms for both Provisional as well as Permanent Registration were evolved out at the time of introduction of the revised procedure of registration of these sectors of industrial undertakings in 1975. With the passage of time, the Government of India, Ministry of Commerce and Industries further simplified the procedures by simplification of the forms for registration and also introduced the coded system to indicate the State, Districts and the unit’s serial number so as to facilitate computerisation of the whole system of SSI registration, in 1989.  

Registration of Small Scale, Village and Cottage industries are done under two stages, viz-  

  1. Provisional and
  2. Permanent Registration

Provisional Registration : Provisional registration is granted to a unit at its pre- investment period to enable it to take necessary steps to apply for financial credit, land or an industrial set, water, power or telephone connections, etc.  

Permanent / Final Registration : A provisionally registered industrial unit when it is about to go into production is to apply for grant of Permanent / Final Registration. An existing and functioning industrial unit is eligible to apply for Permanent / Final Registration without going into provisional registration processes.  

SSI Registration | SSI Registration in Gujarat | SSI registration in Ahmedabad

Laghu Udyog Registration

We are providing services for Laghu Udyog, Small Scale Industry ( SSI Unit ) and Micro Small Medium Enterprises ( MSME ) for there registration and. These units can get good benefits in ISO reimbursement, Export, etc.. from SSI Registration or MSME Registration or SISI Registration or Laghu Udyog in Ahmedabad, Gujarat, India. .

Feel free to contact us

SSI Unit Registration

We are providing consultancy services for Small Scale industry Manufacturers and Exporters to be register their SSI Unit to get benefits from Government. Small Scale Industry Unit is know as a Laghu Udyog and SSI Unit. There are two type of Registration Provisional Registration and Permanent registration. If your planning to start your Factory/Industry you or Setting up New Business (As Manufacturer or Exporter or Service Provider) they must required Provisional certificate to get Environment Certificate, Term Loan, Interest Subsidy on Term Loan, and various certificate for your esteemed organisation. If you had already setup your Factory/Industry/Business (as Manufacturer or Exporter or Service Provider) it mean to had already started production they will be availing to get Permenant SSI Registration Certificate. We are also providing following services: – Import Export Licence Code (IEC Code). – ISO Certification. – Trademark Registration. etc… Feel free to contact us for more details. SSI Registration | SSI Registration in Ahmedabad | SSI Registration in Gujarat | Small Scale Industry Registraiton | SSI Unit Registraiton | SSI Unit registration in Gujarat | SSI Unit Registration in Ahmedabad

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