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MSMEs can get benefits of schemes online through UAM; hardcopy of documents not required

Updated: Feb 15, 2016 10:05:38am
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New Delhi, Feb 15 (KNN) Making another move towards promoting ease of doing business, the MSME Ministry has done away with the tedious process of submitting hard copies of documents to avail benefits under several schemes. Now the MSMEs can avail the benefits through the sites of the schemes by putting in the Udyog Aadhaar Number along with the normal Aadhaar number.

Some of the schemes, whose benefits could now be availed online are – Bar Code, ISO Certified Subsidy Scheme; and Technology & Quality Upgradation Support Scheme. Not only this, the entrepreneurs can even get the financial assistance from the government under several schemes.

In case the entrepreneurs are applying for the Bar Codes, then the MSME Ministry would reimburse 75% of the registration fee. Earlier, the entrepreneurs first had to apply at the MSME-DI to avail the benefit, but it could be done with the Udyog Aadhaar Number.

Even the Technology and Quality Upgradation (TEQUP) scheme has been made online. The basic objective of this scheme is to provide financial assistance to MSMEs in obtaining product certification to National and International standards. Under this Activity, MSME manufacturing units will be provided subsidy to the extent of 75% of the actual expenditure, towards licensing of product to National/ International Standards. 

During 2015-16, an expenditure of Rs. 10.70 has been made towards reimbursement of subsidy for 161 nos. of EET cases (this includes 56 nos. of EET cases approved during 2014-15) and total 175 MSMEs have been benefitted during 2015-16.

Similarly, the Marketing Development Assistance Grant of Patent under Geographical Indications and the ISO-9000/ISO-14001/HACCP Certificate Subsidy Scheme has also been made online.

UAM was launched last year in September. So far 3987195 MSMEs have registered under UAM. (KNN Bureau)

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