National SC-ST Hub Scheme-The National SC/ST Hub was established to assist Registered Caste and Registered Tribe entrepreneurs in meeting their obligations under the Central Government Small Enterprise Government Procurement Policy Order 2012. This plan will support the Standup India Program and ensure the adoption of good business practices. See this article for a complete list of sub schemes in the National SC/ST Hub Scheme.
The National SC-ST Hub Scheme is a government initiative aimed at promoting entrepreneurship among SC/ST communities in India. The scheme provides a range of services and support to help aspiring entrepreneurs launch and grow successful businesses.
In this blog post, we’ll take a closer look at the National SC-ST Hub Scheme, its objectives, and the benefits it offers to entrepreneurs from these communities. We will also discuss the eligibility criteria for availing the scheme’s services and how to apply for them. So if you’re an aspiring entrepreneur from the SC/ST community, read on to learn how this scheme can help you turn your business dream into a reality.
National SC-ST Hub Scheme
National Small Industries Corporation (NSIC), a public company under the jurisdiction of this ministry, implements the National SC/ST Hub on behalf of the Ministry of MSME, Government of India. On 18th October 2016, the Government of India officially opened the National SC/ST Hub for his MSME sector in Ludhiana.
National SC-ST Hub Scheme Overview
|Name of the scheme||National SC-ST Hub Scheme|
|Initiated by||The Ministry of Micro, Small and Medium Enterprises (MSME)|
|Beneficiaries||Scheduled Caste and Scheduled Tribe entrepreneurs|
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About National SC-ST Hub Scheme 2023
The National SC/ST Hub was established to help people in the SC/ST category to set up their own units for Micro, Small and Medium Enterprises (MSMEs). For business owners falling into the SC/ST category, the hub aims to improve market access and connectivity, monitoring, capacity building, access to financial assistance programs, and sharing of best practices. In addition, the hub enables CPS companies to meet procurement targets set by the government. Under this scheme, nationalized banks will pay up to 1 billion rupees to SC/ST business owners to support self-sufficiency and youth employment.
List of Sub-Programs under the National SC/ST Hub Programme
A complete list of support programs for the National SC/ST Hub Scheme is below.
Special Credit Linked Capital Subsidy Scheme
The Ministry of MSME has issued a credit-linked capital subsidy to provide 15% upfront capital subsidy (institutional funding up to INR 10 crore) for the installation of wells, with the aim of facilitating technological upgrade of SMEs. introduced the system. Technology establishment and improvement in the 51 subsectors/approved products indicated.
In other words, the main goal is to upgrade your plants and machines with the latest technology, whether you are expanding or not. This goal also applies to new SMEs that have installed facilities using appropriate and proven relevant technology duly approved according to system requirements.
To further support this effort, the National SC–ST Hub established the Special Credit-Linked Capital Subsidy Scheme (SCLCSS). This will provide SC/ST companies with a subsidy of £25 for any sector with a cap of his 1 billion rupees for total investment. , machine or technology limitations. The Credit-Linked Capital Grant Scheme (CLCSS) will be used as a model for the program implementation process.
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SPRS, or Single Point Registration Scheme
The state is the sole purchaser of a wide range of products. The Government Store Purchase Program was introduced from 1955 he 1956 with the aim of increasing the proportion of retail purchases. Micro enterprises (SMEs) are registered with NSIC through the Single Point Registration Scheme (SPRS) to participate in government purchases.
The advantages of registration
Government of India, Government Procurement Policy on Small and Medium Enterprises (SME) Regulations, 2012, promulgated and amended by Ministry of Small and Medium Enterprises, New Delhi (Gazette Notification dated 23 March 2012), see Regulations No, SO. 5670(E), dated November 9, 2018, grants benefits to entities registered under NSIC’s single point registration scheme.
- Free issuance of bid sets.
- Waiver of Earnest Money Deposit (EMD) payment.
- SMEs bidding with a price within the L1 + 15% price range can also supply up to 25% of the required quantity by lowering the price to the L1 price if L1 is not an MSE.
- Each central ministry, ministry and PSU must set an annual target of at least 25% of the total annual purchase of goods or services manufactured or provided by SMEs. Of the 25% of SMEs‘ annual procurement needs, 4% are Schedule caste or Schedule family-owned businesses and 3% are women entrepreneur-owned businesses.
- In addition, another 358 items are reserved exclusively for his SSI sector purchases.
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- If a small business has EM Part-II (optional) or Udyog Aadhaar Memorandum (UAM), they can register with NSIC under the Single Point Registration Scheme (SPRS).
- MSMEs that have already started producing for the market, but have not yet reached their one-year target. After paying the registration fee and AdvertisementAdvertisement
How to Apply?
Micro-businesses (SMEs) must apply online at www.nsicsproonline.com or submit two copies of the application on the form provided to the NSIC region/branch or NSSH office closest to the company. If you have trouble completing the application or collecting the required documents, please contact your NSIC zone, branch or NSSH office. Application forms, including terms and conditions, are available free of charge at all NSIC locations. See the instructions attached to your application for a list of documents to attach to your application.
Fee for Registration
For registrations, renewals, and all other changes, SPRS registration fees are based on net sales reported on the micro business’s most recent audited balance sheet. However, SC/ST owned MSEs may only register, renew or make other changes to the SPRS for a token fee of Rs. 100 plus VAT.
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Process of Registration
- Micro and small businesses may submit an application online at www.nsicsproonline.com or use the prescribed application form (two copies) to contact the NSIC Regional/Branch/Sub-Branch and Sub-Branch/Extension Office nearest to their location. You must submit your application to Required fees and supporting documents.
- Micro business will send a copy of the GP. Submit the application for registration, copies of the required documents and proof of required inspection fees to the relevant inspection agency, requesting them to carry out technical inspections of micro, small and medium enterprises and send their findings and recommendations on this.
- Upon receipt of the inspection report, NSIC will issue the SPRS registration certificate for the proposed product/business to the SME/small business.
Features of the Special Marketing Assistance Scheme
Key features of the Special Marketing Assistance Program include:
- To take advantage of this program, SC/ST units must be registered in the MSME database.
- Exhibition or trade fair stands/booths must not exceed 3m x 3m.
- Regardless of the number of units owned, an SC/ST business owner may only claim reimbursement for up to 2 international events and his 4 domestic events per fiscal year under SMAS. Additionally, she may not represent more than one of her MSEs during a fiscal year.
- For overseas visits to international exhibitions, trade fairs or seminars, he must be attended by at least 5 of his SC/ST companies. Participation in international exhibitions/trade fairs abroad does not require a certain number of products.
- When 5 or more SC/ST companies participate in an international competition overseas, an NSIC representative may accompany them. However, if more than 10 of his SC/ST companies participate, additional representatives from NSIC or MSME ministries may be considered. These civil servants receive proper salaries.
- For domestic events, the SC/ST unit must submit his application to the NSSH at least one month in advance and for international events two months in advance, through the NSIC local office. not. Vendor development program targets should be set annually and MSME participation in achieving the targets is possible.
- NSIC’s MAS Review Board will review proposals submitted to NSSH under the SMAS, and CMD-NSIC may grant approval based on the proposals. In exceptional cases, proposals must be submitted to the Ministry of Public Administration for approval.
- SMAS is subject to all additional terms and conditions, application forms, documentation requirements and eligibility requirements set forth in the MSME Guidelines for International Cooperation Programs (Amended).
- As part of the National SC/ST Hub program, the Ministry of MSME oversees and funds his SMAS program.
National SC-ST Hub Scheme FAQ’S
What is the scheme for National SC ST hub?
Reimbursement of 80% or Rs 1,00,000/- (excluding GST and other applicable taxes), whichever is lower, charged as Testing fee, for availing testing services from NABL accredited laboratories & license or certification fee from BIS, in a financial year.
Who launched the National SC ST hub scheme?
The Hub is being implemented by the Ministry of MSME, Govt. of India through National Small Industries Corporation (NSIC), a public-sector undertaking under the administrative control of this Ministry.
What is the benefit of Government scheme?
They are launched for the purpose of improving the livelihood of the people and providing security for leading a better life.