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    Inclusivity Officials
    Dec 29 th, 2017
    MSME State Policies-STATES AND LOCAL ASSISTANCE No Comments

    MSME Policy Of Kerala

    Keral Policy for MSME Industrial Growth and Development.

    FINANCIAL SECTOR:

    • Best Public Health Care System in India
    • Higher Economic Growth not only to generate higher tax revenue
    • Ranked best in India in terms of Physical Quality of life Index
    • Human Development Index at par with many developed Countries
    • Highly skilled human resources with low operating cost
    • Highest literacy rate in India
    • Protection from power tariff hikes to new Micro and Small Industrial Units for a period of three years from commencement of commercial production
    • Scheme for providing equity assistance to new Units in place of State Investment Subsidy and margin money loan scheme, will be introduced
    • Exemption from payment of EMD and security deposit and price preference to MSMEs will be continued for a period of 5 years
    • All Licenses to MSMEs will be given for 5 years. Renewal of licenses to existing Units will be for 5 years.
    • Scheme for the rehabilitation / revival of sick MSMEs

    SUPPORTING INSTITUTIONS/ INITIATIVES:

    • Promote new Industrial Parks with quality infrastructure like roads, power, water, waste management etc. and to upgrade the infrastructure facilities in existing Development Areas / Development Plots
    • Institutional support and linkages to MSMEs will be strengthened
    • Creation of a web based portal to assist entrepreneurs and facilitate speedy and time bound processing of all applications of MSMEs

    MARKETING / COMPANY LEGITIMACY:

    • Promotion of new DAs / DPs through PPP mode
    • Common branding and promotion of MSME Products will be encouraged
    • Market Development
    • Skill Development
    • Capacity building of cluster actors

    RESEARCH/ INFO DISSEMINATION:

    • Diagnostic Study
    • Technology Up-gradation
    • Capacity building programs for the persons and institutions to equip them with the latest in the industry and business sectors
    kerela msme policy

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