Promotion of MSMEs in Northeastern Region (NER) & Sikkim

Common facilities for MSMEs to develop new products & processes including toolings

The Ministry of MSME is working for development of MSMEs in the country. With a focus for development of MSMEs in North Eastern Region & Sikkim a special scheme for 'Promotion of MSMEs in North Eastern Region and Sikkim'was approved on 02.08.2016. The scheme was made a component of new Central Sector Scheme 'Technology and Enterprise Resource Centres' formulated on 16.01.2018

Promotion of MSMEs in Northeastern Region (NER) & Sikkim Objective Image

Objectives

The scheme envisaged for providing financial support mainly for augmenting Infrastructure development for enhancing the productivity, sustainability, competitiveness and growth by addressing common issues such as improvement of technology, skills & quality, market access etc. of Micro, Small and Medium Enterprises (MSMEs).
Creation of common facilities to supplement manufacturing, testing, packaging, R&D, product and process innovations and training for natural resources such as fruits, spices, agri, forestry, sericulture and bamboo etc. available in NER and Sikkim.
To create/ upgrade infrastructural facilities in the new/existing Industrial Areas for MSMEs.
Development of tourism sector in NER and Sikkim by creation of common services such as kitchen, bakery, laundry & dry cleaning, refrigeration and cold storage, IT infra, potable water, display center for local products, center for cultural activities etc. in a cluster of home stays.

Benefits

Common facilities for MSMEs to develop new products & processes including toolings.
Developed infrastructure for entrepreneurs for establishing new units or expanding their units.
Support for creation of common infrastructures to boost tourism in NER & Sikkim.
Setting up of new and modernization of existing Mini Technology Centers: The financial assistance of Government of India will be 90%. The maximum project cost for calculation of GoI assistance shall be Rs.15.00 Crore. The GoI assistance towards the buildings cost for up-gradation of infrastructure would be limited to 1.00 crore within the total permissible GoI assistance. Government of India financial assistance would not be admissible towards the cost of land.
Development of new and existing Industrial Estates: The financial assistance of Government of India will be 90%. The maximum project cost for calculation of GoI assistance shall be Rs.15.00 Crore for development of New industrial estate whereas Rs.10.00 crore for development of existing Industrial Estate.
Development of Tourism Sector: The financial assistance of Government of India will be 90% for projects with maximum project cost Rs.5.00 crore for calculation of GoI assistance. The balance project cost if any have to be borne by the State Govt.

Promotion of MSMEs in Northeastern Region (NER) & Sikkim Benefit Image

Eligibility

State Government or any State Govt. organization engaged in promotion of MSMEs.

How to Apply?

The State Government, desirous of availing financial assistance under the scheme would formulate a proposal and identify an agency preferably Department of Industries & Commerce or any State Govt. Organization engaged in promotion of MSMEs to implement the project. Then the proposal may be uploaded on the scheme portal www.ner-promotion.msme.gov.in for approval process.