FILING MSME DATA  BANK FOR SMALL ENTERPRISES MANDATORY

Panaji, October 3, 2016 …. Central  Government  is driving force behind “Make In India”, Skill India  and Digital India through which Micro, Small and Medium Entrepreneurs are  also being immensely benefited. MSME Sector is second largest employment  provider in India. In order to catch up the complete data of  Micro Small and Medium enterprises, Ministry of MSME is building  a comprehensive live Digital Data Bank for MSME’s online. The MSME Data  Bank came in force since July 29, 2016.

Furnishing  information in MSME Data  Bank is compulsory to avail  the various schemes of States as well as Central Government meant for this Sector.

Ministry of  MSME has developed 24X7 MSME Data  Bank portal. The portal is Aadhaar and Udyog Aadhaar  enabled secured Application. The Uniqueness  of data is ensured through Permanent Account Number. The  enrolment is purely based on self certification basis and easy updation by MSME units on as and when required basis. Enrolment  facility is available  for individual MSME units/development organizations/Associations/Rating Agencies etc; including  state agencies. The MSME Data  Bank will  facilitate  Government for the Real-time census, which will be useful for policy  formation as well as individual organization of MSME sector.

The MSME Data  Bank will help the buyers mainly the Government  Department as well as public sector undertakings to have exclusive access to  search for MSME units for their procurement  needs, Online availability of  information on  investment in Plant & Machinery, Nature of Operation,  Employment Status, State-wise bifurcation, benefits extended to units, etc.

The Micro, Small and Medium Enterprises(MSME) Sector has emerged  as a highlighting  vibrant and dynamic sector of the economy over the last six  decades. MSME’s not only play crucial role in large employment   opportunities  at comparatively lower capital cost than large industries but also helps in Industrialization  of rural and backward areas.

The Web  portal is available  on www.msmedatabank.in. to file the information in detail about these units. Filing  is compulsory for those units  which are opting for various   schemes of State and Central Government.

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