The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 to provide for facilitating the promotion and development and enhancing the competitiveness of micro, small and medium enterprises and for matters connected therewith or incidental thereto.
The Ministry of MSME provides various other services to enterprises fall under MSMED Act, 2006. Some of those services are
The MSME SAMBANDH is the Public Procurement Portal launched by Central Government for the MSME. The main objective to launch this portal is to monitor the implementation of the Public Procurement from MSEs by Central Public Sector Enterprises (sambandh.msme.gov.in).
The Ministry of MSME came with the Public Procurement Policy for Micro and Small Enterprises (MSE) Order, 2012 on 26th March 2012 which has mandated that every Central Ministry/Department/PSU shall set an annual goal for procurement from the MSE sector at the beginning of the year, with the objective of achieving an overall procurement goal of minimum 20% of the total annual purchases from the products or services produced or rendered by MSEs
The following amendments were made by the Ministry in the Public Procurement Policy for the Micro and Small Enterprises (MSEs) Order, 2012 on 9th November, 2018:
Ministry of MSME has taken an initiative for filing online application by the supplier MSE unit against the buyer of goods/services before the concerned MSEFC of his/her State/UT.
MSME SAMADHAAN is an online Delayed Payment Monitoring System, governed by the Micro and Small Enterprise Facilitation Council (MSEFC) for settlement of disputes on getting references or filing on Delayed payments by aggrieved MSMEs. Filing can be done online through MSME SAMADHAN portal (samadhaan.msme.gov.in) and the status of filing can be checked online.
The MSMED Act, 2006 contains provisions of Delayed Payment MSEs from Section 15 to 24. As per the provisions of Section 20 & 21 the State Governments to establish Micro and Small Enterprise Facilitation Council (MSEFC) for settlement of disputes on getting references/filing on Delayed.
Nature of assistance
MSEFC of the State after examining the case filed by MSE unit will issue directions to the buyer unit for payment of due amount along with interest as per the provisions under the MSMED Act 2006.
Who can apply?
Any Micro or Small enterprise having valid Udyog Aadhar Memorandum(UAM) can apply.
As per provisions of Section 16 of the MSMED Act, 2006, the buyer is liable to pay compound interest with the monthly rests to the supplier on the amount at the three times of the bank rate notified by RBI in case he does not make payment to the supplier for his supplies of goods or services within 45 days of the acceptance of the goods/service rendered.
State Governments to notify the following
Every reference made to MSEFC shall be decided within a period of 90 days from the date of making such a reference as per provisions laid in the Act.
As per provisions of Section 19 of the MSMED Act, 2006 if the Appellant (not being the supplier) wants to file an appeal, no application for setting aside any decree or award by the MSEFC shall be entertained by any court unless the appellant (not being supplier) has deposited with it, the 75% of the award amount.
The provisions under the Act are implemented by MSEFC chaired by Director of Industries of the State /UT having administrative control of the MSE units. State Government/UTs are requested to ensure that the MSE Facilitation Council hold meetings regularly and delayed payment cases are decided by the Councils within a period of 90 days as stipulated in the MSMED Act, 2006.
1. Central Footwear Training Institute, Agra
2. Indo German Tool Room, Ahmedabad
3. Central Institute of Hand Tools, Jalandhar
4. Process cum Product Development Centre, Meerut
5. Institute for Design of Electrical Measuring Instruments, Mumbai
6. Electronics Service & Training Centre, Ramnagar etc
1. For Recruiters
2. For Candidates
|MSE:||Micro and Small Enterprises|
|MSEFC:||Micro and Small Enterprise Facilitation Council|
|MSME:||Micro, Small and Medium Enterprises|
|MSMED:||Micro, Small and Medium Enterprises Development|
|MSME TCs:||MSME Technological Centres|
|PSU:||Public Sector Undertaking|
|UAM:||Udyog Aadhar Memorandum|
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