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What is National Small Industries Corporation (NSIC) Registration

National Small Industries Corporation (NSIC) is a certified Government of India Enterprise under the Ministry of Micro, Small and Medium Enterprises (MSME). NSIC has been working to promote aid and foster the growth of MSME’s enterprises in the country. NSIC operates through countrywide network of offices and Technical Centres in the Country.

 

  • The mission of NSIC is to promote and support the Micro, Small & Medium Enterprises (MSMEs) Sector by providing integrated support services encompassing Marketing, Technology, Finance, and other services.
  • To be a premier organization fostering the growth of Micro, Small and Medium Enterprises Sector

Corpseed Three Easy Steps to Apply for NSIC Registration

1.    Connect with team Corpseed @ 8448 444 985
2.    We will discuss your requirement & collect all your documents and file them directly with the authority
3.    You'll receive your completed NSIC Registration Certificate package by E-mail & Courier.


Benefets of NSIC Schemes?

A) Credit Facilitation Through Bank

To meet all the credit requirements of MSME units, NSIC has entered into a Memorandum of Understanding with various Nationalized and Private Sector Banks of India. Through syndication with these banks, NSIC facilitates MSME in accessing credit support from the banks. NSIC further, assists MSMEs in the completion of the documentation for submitting the proposals to the banks and also does the follow up with the banks.

  • Under Bank Credit Facilitation Scheme, the MSME's can get access to finance from banks based upon their lending policy and focused attention is given to the credit proposals sponsored by NSIC. g an integrated mix of various public and private sector banks.
  • It provides an option for MSME's to apply for a new bank or switch over of an account to a different account.
  • It further, helps the MSME's in completing documentation and thereafter submitting it to the bank.
  • It also helps the MSME's in getting a liberal rate of interest from the banks after a favorable rating is awarded to the unit under the Performance and Credit Rating scheme of the ministry.

 

B) RMA against Bank Guarantee

Raw Material Assistance Scheme aims to help the MSMEs by financing the purchase of Raw Materials (Both indigenous & imported). This in a way gives an opportunity to MSMEs to focus in a better way on the manufacturing of quality products.

  • Financial Assistance for procurement of Raw Material up to 180 days.
  • MSMEs have helped to avail Economies of Purchases like bulk purchase, cash discount etc.

 

C) Single Point Registration Scheme

In India, the Government is the single largest buyer of a variety of goods. With a view to increase the share of purchase from the small-scale sector, the Government Stores Purchase Programme was launched in 1955-56. NSIC registers Micro & small Enterprises under Single Point Registration scheme for participation in Government Purchases.

  • The units registered under this scheme of NSIC are eligible to get benefits under Public Procurement Policy for MSE's order.

 

The Issue of the Tender Sets is free of cost

  • Benefit of Exemption from payment of Earnest Money Deposit (EMD);
  • Further, In tender participating MSEs quoting price within price band of L1+15 per cent shall also be allowed to supply a portion up to 25% of requirement by bringing down their price to L1 Price.
  • Also, every Central Ministries/Departments or PSU's PSUs shall set up an annual goal of minimum 25 per cent of the total annual purchases of the products or services produced or rendered by MSEs.
  • In addition to the above benefits, 358 items are also reserved for the exclusive purchase from SSI Sector.

Eligibility of NSIC Registration

  • This scheme is eligible to all the Micro & Small Enterprises having EM Part-II (Optional)/ Udyog Aadhaar Memorandum (UAM) for registration with NSIC under its Single Point Registration Scheme (SPRS).
  • And it is eligible to all the Micro & Small Enterprises who have already commenced their commercial production but not completed one year of existence.

 

Infomediary Services Scheme

Infomediary Services Information today is becoming almost vital as the air we breathe. We need such services for every minute of our working lives. With a tremendous increase in the competition and melting away of the international boundaries, the demand for the information is reaching new heights. NSIC is realizing the needs of MSMEs all over and is offering Infomedia Services which is a one-stop, one-window bouquet of aids that will provide information on the business, technology, and finance, and also exhibit the core competence of Indian SMEs. The NSIC is offering the Infomediary Services through its MSME Global Mart www.msmemart.com; which is a Business to Business (B2B) compliant web portal.

 

Benefits of Infomediary Services Scheme

  • It provides Interactive database for MSME's
  • It is a self web development tool
  • It provides multiple language support
  • It has a centralized mail system
  • It is a trust seal of NSIC
  • It is a payment gateway for membership subscription

 

National Scheduled Caste and Scheduled Tribe Hub Scheme

India is witnessing rapid growth and prosperity and for this to be truly inclusive, all the sections of the society need to partake in the prosperity. Besides wage employment and education, the marginalized sections of the society also need to envision, create and scale - up ventures to be a major participant in this growth story. Until now, there has been some increase in the number of SC/ST owned enterprises all over India, but this needs to be increased substantially to enable the socio-economic empowerment of the SC/ST communities. Pertaining to this, the National SC/ST Hub is an initiative of the Government of India targeting the development of a supportive ecosystem towards SC/ST entrepreneurs.

 

The National SC/ST Hub (NSSH) helps in providing professional support to the SC/ST enterprises thereby enabling them to effectively participate in the public procurement process. This would involve participation by the CPSEs/Central Ministries, States, Industry Associations such as DICCI and others. The National SC/ST Hub would further work towards the development of new entrepreneurs to participate in the procurement process of leveraging on the ‘Stand up India’ programme. The Selected entrepreneurs would be provided with support of the experts and mentoring by industry experts, CPSEs, and incubators.

 

Benefits of National Scheduled Caste and Scheduled Tribe Hub Scheme

  • The Capacity building among the existing and prospective SC/ST entrepreneurs through skill training and EDPs.
  • It provides the benefit of promoting the involvement of SC/ST entrepreneurs in exhibitions and organizing special exhibitions for this purpose.
  • It further helps in working with the different State Governments and other organizations in the interest of the SC/ST entrepreneurs.
  • This scheme enables credit linkages for SC/ST.

NSIC Registration Procedure in India

  • Submitting an application at one of the NSIC offices along with mandatory documents
  • On successful submission of the application, the NSIC forwards the application to a zonal branch for technical inspection of the unit.
  • On receiving the inspection report, NSIC grants or rejects the registration.

 

Document required for obtaining NSIC registration in India

  • MSME registration certificate
  • Plant & Machinery details along with raw material purchase price
  • Audited Balance Sheet, P&L account and Trading Account
  • Account for the last 3 years duly signed by the authorized CA.
  • Bankers’ Report giving details of financial status of the applicant firm as per Performa “F” of the application form.
  • Performance Statement
  • Detail of inventory and raw material in hand.
  • List of technical employees involved in production and services.
  • Quality control report for products and services
  • Copy of PAN
  • Copy of lease deed, Rent Agreement or Property documents.
  • Declaration from the Proprietor/Director declaring no connection with the large-scale unit.
  • Items for which registration is required.
  • Partnership Deed or Memorandum and Articles of Association / COI

Corpseed 3 Easy Steps to Apply for Bureau of Indian Standards (BIS) Registration

1.    Connect with team Corpseed @ 8448 444 985
2.    We will discuss your requirement & collect all your documents and file them directly with the BIS authority
3.    You'll receive your completed Bureau of Indian Standards - (BIS) Certificate package by E-mail & Courier.

faq FAQ`s

At Corpseed, we are committed to offer our services to the entrepreneurs and businesses as a very cost-effective proposition. We believe that a customer is always right and the focus of any business activity should be to serve the customer with utmost loyalty. All our services come with SLAs (Service Level Agreements) for on-time service delivery and money back guarantee to ensure high level of customer satisfaction.

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