"Udyog Aadhaar Memorandum was notified on 18 September. Within such a short time span, 800 MSMEs have registered. Udyog Aadhaar Memorandum is the cornerstone of ease of doing business in the country," the MSME Minister said at a press conference.
MSME Ministry had come out with a one-page Udyog Aadhaar Memorandum to be filled online by all unregistered MSMEs, a move aimed at simplifying registration procedure for entrepreneurs and promoting ease of doing business.
"It (filling Udyog Aadhaar Memorandum) is not mandatory for MSMEs already registered with us. Our policy is that after 18 September EM-I and EM-II do not exist. Therefore, anybody who wants to register after 18 September needs to register with Udyog Aadhaar," MSME Secretary Anup Pujari said.
The Secretary further said that he has held discussions with states and "brought to their notice what needs to be done" on awareness and adoption of the Udyog Aadhaar system.
"The norm related to 20 per cent mandatory procurement from MSME units has not been successful. It was made mandatory from April 1 this year. A committee will monitor it on a regular basis.
"PSUs have been directed to procure from MSMEs. The guidelines related to tenders are being flouted. We are trying to ensure the tender guidelines are followed," Mishra said at a press conference here.
The government has made it mandatory for all central public sector undertakings (PSUs) to make 20 per cent of their purchases from MSMEs from April 1, 2015.
The MSME Minister also said a subsidy will be provided to units as rating agencies charge exorbitant fee for assigning bank loan ratings.
"Rating agencies charge a lot of money as fee from MSMEs for Bank Loan Ratings. We have decided that we will give 75 per cent subsidy or Rs 40,000 to MSMEs to ensure they do not face difficulties in availing a loan due to high fee charged by rating agencies," he said.
During the corresponding period of 2013-14 and 2014-15, jobs were generated for 12,951 persons and 74,871 persons respectively.
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