National Small Industries Corporation (NSIC) is Government of India Enterprise under Ministry of Micro, Small and Medium Enterprises (MSME). NSIC has been working to promote aid and foster the growth of micro, small and medium enterprises in the country. NSIC provides integrated support services under Marketing, Technology, Finance and other Support service.
SINGLE POINT REGISTRATION
Government of India is one of the largest purchasers of the goods. NSIC registers Micro & small Enterprises (MSEs) under Single Point Registration scheme (SPRS) for participation in Government Purchases. The units which are registered under Single point registration scheme are eligible to get benefits of “Public Procurement Policy for Micro & Small Enterprises (MSEs) Order 2012” as notified by the Government of India, Ministry of Micro Small & Medium Enterprises.
BENEFITS OF REGISTRATION
The registered units shall get following benefits:
- Issue of the Tender Sets free of cost;
- Exemption from payment of Earnest Money Deposit (EMD);
- In tender participating MSEs quoting price within price band of L1+15 per cent shall also be allowed to supply a portion upto 25% of requirement by bringing down their price to L1 Price where L1 is non MSEs.
- Every Central Ministries/Departments/PSUs shall set an annual goal of minimum 25 per cent of the total annual purchases of the products or services produced or rendered by MSEs.
- Out of annual requirement of 25% procurement from MSEs, 4% is earmarked for units owned by Schedule Caste /Schedule Tribes and 3% is earmarked for the units owned by Women entrepreneurs.
- 358 items are reserved for exclusive purchase from SSI Sector
ELIGIBILITY CRITERIA
√ All Micro & Small Enterprises having EM Part-II (Optional)/ Udyog Aadhaar Memorandum (UAM) are eligible for registration with NSIC.
√ For start ups, Micro & Small Enterprises who have already commenced their commercial production but not completed one year of existence. In that situation the Provisional Registration Certificate can be issued to such Micro & Small Enterprises which shall be valid for the period of one year.
√ Traders are not eligible for registration under this Scheme.
VALIDITY PERIOD OF SINGLE POINT REGISTRATION
- The Registration Certificate granted to the Micro & Small Enterprise under Single Point Registration Scheme (Revised), 2003 is valid for Two Years.
- Provisional Registration Certificate shall be valid for the period of one year.
REGISTRATION PROCESS
> Submit the application along with fees and documents
> Nodal officer will check the documents and if any deficiency found by the officer, convey the deficiency
> After completing the deficiency, if any, nodal officer will issue a acknowledgment
> Then nodal officer forward the application to inspecting agencies
> After inspection, inspecting agency will generate the report
> After that certificate will issued
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Bibliography
www.nsicspronline.com/home.aspx
www.nsicspronline.com/home.aspx
https://nsic.co.in/Corporate/AboutUs.aspx
https://nsic.co.in/Schemes/Single-Point-Registration.aspx
https://en.wikipedia.org/wiki/Negotiable_Instruments_Act,_1881
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