Micro, Small and Medium Enterprises Development Act, 2006 (Law, Policies and Incentives)

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Description
Also Covering
>    Banking Finance Schemes
>    Institutional Policies for Support to MSMEs
>    Schemes Implemented by Government and NABARD
>    Technology Upgradation and Infrastructural Facilities to MSMEs
The Ministry of Micro, Small and Medium has revised the criteria for classifying the enterprises as micro, small and medium enterprises from investment in plant & machinery/equipment' to investment in plant & machinery/equipment and annual turnover' effective from 1st July, 2020. To facilitate the procedure of MSME registration in accordance with the revised MSME definition, Ministry of MSME launched a new portal - Udyam Registration Portal effective from 1st July, 2020. It is a unified portal with registration process that is free of cost, paperless and digital. The portal is aimed at reducing transaction time and costs for entrepreneurs and promote base of Doing Business. The existing enterprises registered prior to 30th June, 2020, shall continue to be valid for a period up to 31st December, 2021

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Contents
Chapter 1    Introduction
Chapter 2    Types of Enterprises and Ownership Structure
Chapter 3    Businesses Reserved for Micro, Medium and Small Enterprises
Chapter 4    Eligibility Criteria for Investment in Plant and Machinery for Micro, Small and Medium Enterprises
Chapter 5    Registration of Micro, Small and Medium Enterprise
Chapter 6    Banking Finance Schemes for Micro, Small and Medium Enterprise
Chapter 7    Institutional Policy for Support to Micro, Small and Medium Enterprise   
Chapter 8    Technology Upgradation and Infrastructural Facilities to Micro, Small & Medium Enterprise
Chapter 9    Government Schemes for Micro, Small and Medium Enterprise
Chapter 10   Startup Companies
Chapter 11   Schemes Implemented by NABARD
Chapter 12   Delayed Payment Redressal of Disputed for Micro and Small Enterprises
Chapter 13   Disclosures in Annual Accounts
Chapter 14   National Board and Advisory Committee for Micro, Small and Medium Enterprises
Chapter 15   Sick Industry and Its Rehabilitation
Appendix 1    The Industries (Development and Regulation) Act, 1951
Appendix 2    The Small Industries Development Bank of India Act, 1989
Appendix 3    The State Financial Corporations Act, 1951
Appendix 4    The Khadi and Village Industries Commission Act, 1956
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Author Details
Abha Jaiwal Company Sectetary B. Com., LL.B. (Hons.) A.C.S., A.C.I.S. (U.K.)
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