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Definition
Definition
Definition
Definition
Characteristics of MSME
Characteristics of MSME
Fixed
asserts
forms
largest
components of small units
Success of the unit depends on
entrepreneurial abilities of the owner
Competition is very high
Financial discipline is very weak
among the units
Profit margins are low
Generally engage in production of
light consumer goods
Need of MSME
Need of MSME
Need of MSME
Need of MSME
Objectives of MSME
Creation
of
greater
employment
opportunities
Reduction of regional imbalances by
encouraging set up of units in
underdeveloped regions
Contributing to overall development of
the country
To meet customer needs by supplying
products and services at reasonable
prices
Objectives of MSME
Advantages of MSME
Advantages of MSME
Scope of MSME
Scope of MSME
List of items reserved for exclusive
manufacture
Food
Scope of MSME
Scope of MSME
Auto parts
Bicycle parts
Miscellaneous transport equipment
Mathematical survey instrument
Sport goods
Stationary items
Clocks and watches
Location of enterprise
Proximity to both market and raw
material
Early availability of transport facility
at cheaper rates
Availability of skilled workers at
cheapest rates
Incentives/concessions for
industrially backward areas
Registration
Whom to approach depending upon
the locations the factory
Finance
Whom to approach private
institutions, government agencies
Type of scheme
Statutory licenses / clearances
Manufacture of drugs cosmetics
State drug controller
Control administration
Manufacture of fruits and vegetable
based products
D.D food, vegetable preservation,
ministry of agriculture govt.of India
Power connection
State electricity board
Pollution control
State pollution control board so on
Purchasing of machinery
NSIC provides indigenous and
imported machinery to MSME on hire
purchase basis. The rate of earnest
to e paid varies from 15 to 30%. Full
hire purchase values is payable in 13
installments
Recruitment of personal
Well qualified-skilled and unskilled
Well experienced- skilled and
unskilled
Installation of machinery
Power connection water supply
Procurement of raw material
Minimum stock
Easily available
Find substitutes
Lower rates
Production
Know the installed capacity
Less rejections
The
process
of
economic
reforms
and
from
both
domestic
and
inadequate
availability
of
India
is
signatory
to
WTO
has
altered
LIBERALIZATION
Privatization
Privatization
GATT
State schemes
Future plans
Development of new industrial estates at
taluka levels
Development
of
growth
centre
at
industrially backward areas
Rendering of solid waste management
services
To act as catalyst for export units
To extend hire purchase machinery
assistance
To
promote
small
industry
cluster
development programme