Professional Documents
Culture Documents
- a brief presentation
SEPTEMBER,2013
MSME - DEFINITION
Enterprise Investment in plant & machinery or equipments, excl. land & building =========================== up to Rs.25 lacs (Rs.10 lacs) > Rs.25 lacs & upto Rs.5 crs. (>Rs.10 lacs & upto Rs.2 crs.) > Rs. 5 crs. & upto Rs.10 crs. (>Rs.2 crs. & upto Rs.5 crs.)
========= 1. Micro
2. Small
3. Medium
Importance : There are nearly 130 lacs SMEs employing over 3 crs. people Nearly 40% of all manufactured goods and over 30% of the countrys exports are accounted for by the MSMEs. MSMEs are distributed all over the country thereby helping in equitable distribution of income & wealth.
MSME - Objectives
Ministry of MSMEs seek to provide Adequate credit from FIs & Banks Funds for technology upgradation & modernisation Integrated infrastructural facilities Modern testing facilities & quality certification laboratories Access to modern management practices, Better access to domestic & export market
Institutions Set up to achieve the above objectives SIDO,NSICL, SIDBI, Credit Guarantee Fund Trust(CGFT), SMERA, National Entrepreneur Development Institutes
Credit Appraisal..cont.
Small Borrowers / Traders / Transporters : Find out the source of getting the proposal whether walk-in / sourced through Agent / take over case / reasons for shifting etc. Discuss with our own marketing officer who has brought the proposal. Go through the existing Bank Statements / records. Cross examine the financial statements with IT records / Sales tax records. Scruitinise the Cash flow scrupulously. Visit the place of business / Inspect the collaterals offered / meet the owner of the property.
THANK YOU