Address: Community Hall, Tycoon Plaza, Near Cinemax Theater, Opposite ‘B’ Ward, Khadakpada,

Kalyan (West)

Date : 6th Feb 2013

Timing :11:00 am to 4:00 pm

SME Summit 2013

INDEX Sr .No Subject

1 Introduction

2 Schedule

3 Welcome Ceremony

4 Photos

5 Guests Lists

6 Visiting Faculty details

7 Information about the topics

8 News and Advertisements

9 Vote of Thanks

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INTRODUCTION

SME Summit 2013 is the programme for the

entrepreneurs from small, micro and Medium Industries as well

as new entrepreneurs. The agenda of the programme is to

solve the financial queries of the business like OD, CC, Working

Capital and different government Schemes and Rules.

This summit is all about generating the new facts about

the Project Report, Project Finance and for those who wanted

to start their new business.

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Schedule SME Summit 2013 (6th Feb 2013)

Day Date Session No Time Duration Area to covered Faculty Name

Day 1 6th Feb

2013

1 10:45 to 11:00 15 Minutes Introduction to MiDi Chief Executive Officer ,

MiDi

2 11:00 to 12:00 60 Minutes NSIC Schemes Mr. Kamal Nayak, Branch Head,

Mumbai

3 12:00 to 12:30 30 Minutes Import-Export Opportunities, need & Importance in MSME

Sector

Mr. Waman More, Central Bank of India

4 12:30 to 1:00 30 Minutes Performance & Credit Rating

Schemes Mr. Avinash Chandra,Zonal

Manager, Care Rating Agency

Lunch Break - 60 Minutes

5 2:00 to 3:15 75 Minutes Role of Bank &MSME Support

Schemes (Bank Of Maharashtra) Mr.Abhijit Joshi, Branch

Manager, Bank of Maharashtra

6 3:15 to 3:45 30 Minutes Industrial Policies MSME Sector

(DIC) Mrs. Manjusha Deore, Industries

Inspector, DIC

7 3:45 to 4:00 15 Minutes Feedback & Valedictory/Vote of

Thanks Bhagyashri Temghare, Senior

Project Officer, MiDi

Schedule

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Welcome Ceremony

Welcome of all the participants, Bankers and government faculties.

Honor of the Chhatrapati Shivaji Maharaj Statue by Guest of honor i.e. by

Mr. Shrikrishna , (CEO ,MiDi.), Mr. Kamal Nayak, (Branch Head, NSIC) and Mr.

Avinash Chandra, (Zonal Manager Care Rating Agency)

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GUEST LIST

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There were 150 participants had been registered for this programme. Many

Entrepreneurs/MSME Captains attended this Business Conference on 6th Feb,

2013.

VISITING FACULTY DETAILS

1. Mr. Kamal Nayak, Branch Head, National Small Industries Corporation. M.Com,

LLB and ACMA qualified with 15 years of professional experience. Basically from

Finance background. Started career with NOVINO. Then worked for Inland Water

Valves Authority of India. Since 2008 working with NSIC.

2. Mr. Waman More, Central Bank of India, Faculty in SPBT college, awarded with

‘Certificate of Excellence’ in Foreign Exchange. M.Com, MBA (Banking and

Finance), and CAIIB qualified with 32 years of Banking experience and 15 years of

experience in Forex.

3. Mr. Avinash Chandra, Zonal Manager, Care Ratings, a Science graduate from Delhi

University. Holds a Management Degree in Marketing and International Business.

He has worked with Bank Of Punjab, Standard Chartered, Dun and Brads tread,

and now working with Care Ratings from last 5.5 years.

He has worked with Small Scale Industries for 6 months.

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4. Mr. Abhijit Joshi, Branch manager, Bank of Maharashtra, M.B.A., M.Com, LLB, CAIIB

qualified with professional experience of 28 years. Constant winner of Best Managed

Branch at National Level for Three years. He is felicitated by Shri. Anna Hajare

award. He has very good exposure of Rural and Agricultural Industries. He was

working from 2001 to 2007 at South Bombay. Now he is working with Bank of

Maharashtra.

5. Mrs. Manjusha Deore, Industries Inspector, District Industries Centre, B.Sc. Graduate

from Mumbai University and from last 6 months working with District Industries

Corporation.

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INFORMATION ABOUT THE TOPIC

A) Introduction about Maharashtra Industries Development Institute : Maharashtra Industries Development Institute

-Mrs. Juhi Sinha

Maharashtra Industries Development Institute (MiDi) was established in February, 2006.

MiDi is associated with Leading Public Sector Banks. With in a short span of six years MiDi is able to establish ourselves as one of the emerging bank support services and finance facilitator, particularly in Micro, Small, Medium and Large scale enterprises in Maharashtra.

MiDi works in following divisions:

Divisions 1) Banking And Finance 2) Development & Training 3) Industrial / Technical Consultancy.

- Technology Development 4) Handholding Supports to MSMEs.

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We have dedicated and highly motivated professionals comprising of Chartered Accountants, MBAs, Engineers, Scientists, and Technocrats etc. MiDi is proud that it has helped more than 1000 entrepreneurs including agripreneurs and technopreneurs in Maharashtra to set up their business ventures running into several crores of rupees, there by generating not only wealth but also employment opportunities in the State.

Apart from finance, MiDi has also ventured into Training and Consultancy Services. MiDi has 10,000 Project list of different segments.

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B) NSIC Schemes:

i) Single Point Registration Scheme: NSIC registers Small Scale Units which

have got necessary capabilities in term of finance as well as technology for

providing goods to various government agencies.

ii) Performance and Credit Rating: This scheme has been introduced for the

first time in the country in Union Budget 2004-05 for SSI Units. NSIC is

nodal agency for implementation of the scheme.

iii) Infomediary Services is a one-stop, one window to assist SSI Units by

providing information on business, technology and finance, and also exhibit

the core competence of Indian SMEs in terms of price and quality,

internationally, as well as domestically.

iv) Facilitation of credit to small enterprises through banks, NSIC has entered

into a strategic alliance with five public sector banks to facilitate long-term

working capital financing requirements to small enterprises.

v) Finance for procurement of raw material against bank guarantee, Small

Scale Industries often face shortage of quality raw material. In order to

bridge the gaps, the Corporation provides raw material assistance to SSI

units.

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C) Import-Export Opportunities, need & Importance in MSME Sector:

MSME Sector plays a major role in India's present export performance.

More than 40% of the Indian Exports is being contributed by MSME Sector. Direct exports from the MSME Sector account for nearly 35% of total exports.

Besides direct exports, it is estimated that small scale industrial units contribute around 15% to exports indirectly. This takes place through merchant exporters, trading houses and export houses. They may also be in the form of export orders from large units or the production of parts and components for use for finished exportable goods.

It would surprise many to know that non traditional products account for more than 95% of the MSME exports.

India currently imposes a bound rate of 34.4% on average on its non agricultural imports and an applied tariff . India has about 700 agricultural products or tariff lines. However, this exclusion list includes both agricultural and industrial products, and India generally needs to use most of it to protect sensitive agricultural products. Duties cannot be increased and face a ‘standstill’ even on the excluded products.

With the reduction of applied tariffs, India’s imports have been going steadily up. Of course imports have also increased due to factors such as domestic growth and demand, exchange rate movements, domestic unavailability of products etc.

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D) CARE Performance and Credit Rating for MSEs:

CARE has signed a Memorandum of Understanding with the National Small Industries Corporation Limited (NSIC) to provide the NSIC and CARE Performance and Credit Rating for Micro and Small Enterprises (MSEs).

CARE's methodology for the Performance and Credit Rating Scheme for MSEs will cover various indicators encompassing the financial, business, operational and management aspects of MSEs. At the end of the rating exercise, MSEs will receive a rating which would state reasons behind the rating assigned and highlight strengths and weaknesses of existing operations.

Advantages of Rating:

Quicker and cheaper credit for rated MSEs.

Facilitate capability assessment and credibility of MSEs by their clients.

Help MSEs obtain leverage from the parties in the supply chain.

Affordable to MSEs since 75% of the rating fee is subsidized.

Benefits of Rating:

An independent third-party evaluation adding to MSEs credibility

Credibility & confidence building with business partners

Scope of self correction & improvement

Enhanced visibility through publication on rating agency’s website

Wider recognition & acceptance

Introduction of good corporate governance practices

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Eligibility for the Scheme

All Micro and Small Scale units can avail the benefits under this scheme. A manufacturing unit that has an investment of up to Rs. 500 lakh in Plant & Machinery and a service unit with an investment of up to Rs. 200 lakh is defined as a MSE unit. An SSI certificate/ Entrepreneurs Memorandum Part-II (EM Part-II) issued by the concerned SSI registration authority is a valid proof of eligibility.

Rating Process

1. Request for rating from the MSE.

2. Collection of information from the MSE.

3. Discussion with the MSE’s management.

4. Analysis of information obtained from the company.

5. Assignment of rating to the MSE.

MSEs desirous of getting themselves rated will need to submit the application in specified format, in duplicate. The application form should include documents as specified therein. Duly completed application form, addressed to CARE, can be submitted to the nearest NSIC / CARE office. Following this, the rating process will start and the interaction with the management would be initiated. The rating team may require extra information in order to complete the rating exercise. The entire rating process will be generally completed in a month's time or earlier, from the date the required documents and information is received by CARE.

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Rating Fees

Units with audited results of one complete year of operations.

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Turnover (Rs. Lakh)

Particulars <50 50-200 >200

Rating Fees (Rs.) 27,000 35,000 47,000

Service Tax @ 12.36 % (Rs.) 3,337 4,326 5,809

Total Fees (Rs.) 30,337 39,326 52,809

Subsidy from NSIC (Rs.) 22,753 29,495 39,607

Amount payable by MSE (Rs.) 7,584 9,831 13,202

Rating Scale

The 15-point scale will focus on performance capability and financial strength, as

per the rating matrix given below. The validity of the rating assigned will be for a

period of one year from the date of issue of the rating.

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Financial Strength

High Moderate Low

Performance

Capability

Highest SE 1A SE 1B SE 1C

High SE 2A SE 2B SE 2C

Moderate SE 3A SE 3B SE 3C

Weak SE 4A SE 4B SE 4C

Low SE 5A SE 5B SE 5C

E) ROLE OF BANK AND MSME SUPPORT SCHEME

1. Scheme of Fund for Regeneration of Trade Industries.

2. Scheme of Surveys , Studies and Policy Research.

3. International Co operation Scheme.

4. Scheme for Capacity building , Strengthing of database and advocacy by industry.

5. Micro and Small Enterprise Cluster Development Programme.

6. Market Development Assistance Scheme for SSI exporters.

7. Integrated Infrastructure Development subsumed under MSECDP.

8. Building awareness on Intellectual Property rights.

9. Setting up of New Mini Tool Rooms under PPP mode.

10. Enabling Manufacturing Sector be competitive Quality Management Standards and Quality Technology Tools.

11. Support for Entrepreneurial and Managerial Development of SME’s Through Incubators.

12. Lean Manufacturing Competitiveness Scheme under NMCP.

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F) INDUSTRIAL POLICIES MSME SECTOR (DIC)

DIC’s Main Activity

To develop and promote Cottage and Small Scale Industries in the district. The Small Scale Industries (SSI) means the Industries with investment above 25 lakh and up to Rs 5 (five) crore in plant & machinery.

FINANCIAL ASSISTANCE SCHEMES (DEPARTMENTAL)

1)Prime Minister Rozgar Yojona (PMRY) It is a self-employment scheme for educated unemployed youth with eligibility... a) Class VIII passed b) Age – 18 to 35 years (relax able up to 45 years for SC / ST / Women / Physically handicapped / Ex-Servicemen) c) Project up to Rs 2.00 lakh for Industries/Service and Rs 1.00 lakh for Business d) Annual family income – Rs 40,000/- (Max)

2) Normal Bank Finance Scheme If is one of the major schemes for setting up SSI unit. The Projects/Schemes for the purpose should have sufficient equity participation.

3) Loan Under BSAI Act This assistance is mainly for Handicrafts Sector. Limit of loan up to Rs 10,000/-. The rate of interest is 8% with a rebate of 2.5% on regular re-payment.

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INCENTIVE SCHEME FOR SSI

Maharashtra Incentive Scheme 2000 – SSI units commenced after 01.01.2000 will be entitled for

this scheme. The features of this scheme are...

a) 25% subsidy on fixed capital investment (Land, Building, Plant & Machinery)

b) 50% (60% in case of agro and food processing units, IT, Electronics industry) subsidy on paid

interest on Bank/FI loan for consecutive 7 years and 9 years

c) Remission of Stamp Duty and Registration Fee on purchase of Land or Buildings.

FACILITIES AND OTHER SERVICES

1.S.S.I. Registration

a) Provisional/Temporary Registration : Before starting the SSI Unit, this registration is issued

b) Permanent/Final Registration : After commencement of production of SSI Unit, this registration is

issued

2. Preference for power connection

Priority is given for MSEB electric power connection to registered SSI Unit .

3. Project/Scheme Vetting

Project Scheme of SSI unit is vetted for technical feasibility .

4. Marketing Assistance to Handicraft Products

Given through participation in Maharashtra Handicrafts Expo‘.

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5.Special Assistance rendered

For setting up SSI Petrochemicals Downstream Units.

6. National Project of Bio-Gas Development (NPBD)

Construction of Bio-gas plant (family size 1-cum to 10-cum). Main usage are...

a) Domestic cooking and lighting

b) Production of organic manure (enriched with NPK) for better yield in agricultural, horticultural & piscicultural sectors

c) Helps to maintain ecological balance. Provision of Govt. subsidy to all categories of beneficiaries

7. Pollution Clearance for SSI Units

Pollution Clearance Certificate (consent for starting all categories, viz. Green, Orange,

Red of SSI units) is issued on behalf of government and also the consent to operate for Green category only

8. Training Programme

Some training programmes on different trades as mentioned below are organized from

time to time for prospective entrepreneurs and handicraft artisans.

i) Entrepreneurship Development Programme .

ii) Special Training Programmes for Women/Physically Handicapped and Backward Classes (plumbing, pump-set repair, umbrella repair, batik print, etc.)

iii) Transfer of Skill and Service Centers.

iv) Design Development/Craft Development for Handicraft Industries, Cane and Bamboo Products, Wood Carving, Solapith work .

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NEWS AND ADVERTISEMENT

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VOTE OF THANKS

Ms. Bhagyashree Temghare (Sr. Project Officer, Maharashtra Industries

Development institute) has expressed vote of thanks of all the co-organizer

of programme for adding their valuable inputs to conference and all the

participants who participated in the summit.

In future, company will going to organize more number of conferences

with more number of participants and that will be at different places.

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