Page 54 - MSME August 2016
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News MSME Databank and Finance Facilitation Launched at 14th Meeting of National Board hri Arun Jaitley, also been taken that Union Minister of no grant or subsidy SFinance & Corporate will be given to any Affairs launched two MSMEs unless the important initiatives of data is captured on the Ministry of MSME, the MSME Databank. viz. MSME Databank Portal and Online Finance The NSIC, which Facilitation Web Portal provides suitable on the sidelines of 14th credit support to Meeting of the National The Union Minister for Micro, Small and Medium Enterprises, the various MSME Board of MSME at Vigyan Shri Kalraj Mishra addressing at the launch of the databank units for purchase Bhawan, New Delhi on 11 for MSME portal, in New Delhi on August 11, 2016. The of raw material, has th Union Minister for Finance and Corporate Affairs, Shri Arun August, 2016. Shri Kalraj Jaitley and the Minister of State for Micro, Small and Medium started an online Mishra, Union Minister for Enterprises, Shri Haribhai Parthibhai Chaudhary are also seen. Finance Facilitation MSME, Shri Giriraj Singh Centre on http:// and Shri Haribhai Parthibhai Chaudhary, Minister www.nsicffconline.in To start with, the Finance of State for MSME were present on the occasion. Facilitation Centres will become operational at Jalandhar, Peenya, Ludhiana, Guwahati, Lucknow Shri Mishra speaking on the occasion said and Delhi from today onwards. The portal will that the Ministry of MSME is making online Census allow the MSMEs to apply for loans from the of the MSMEs in the country for the first time by various banks on the NSIC portal itself. NSIC has launching a comprehensive databank on http:// www.msmedatabank.in This will not only save the also signed MoUs with 33 banks, 14 of whom efforts and money required for physical Census but have agreed to associate with online Finance will also enable the MSME units and the various Facilitation Web Portal. Shri Arun Jaitley, Union Associations to furnish data on click of the button Finance Minister appreciated the efforts of Shri and sitting in their units. The MIS dashboard of Kalraj Minister in taking various initiatives towards the databank will provide real time information ease of doing business. He also appreciated that on various types of the MSMEs registered on the the main scheme of the Ministry, namely, Prime databank. The databank will eventually will be Ministers Employment Guarantee Programme has used for public procurement purposes and the also been brought online. He also congratulated PSUs will make use of the data for procuring Shri Kalraj Mishraji on early implementation of from MSMEs. MSME Development (Furnishing of National SC/ST Hub, which was announced in the Information) Rules, 2016 have also been notified Union Budget. making it compulsory for MSMEs to give the Shri Jaitley stated that the Government of the required information. day is committed to Ease of Doing Business and Shri Kalraj Mishra also stated that the passing of GST will also be a step towards this objective of the databank is to have one-stop direction. He also stated that all financial support source of information of MSMEs of India, including will be provided to MSMEs to improve their their credit and technology, requirement in terms competency in various fields. He welcomed the of raw material and marketing, etc. A decision has suggestions of MSME fraternity on the issue. 52 Laghu Udyog Samachar
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