Financial assistance to MSMEs for using Bar Code
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2010-12-08

Financial assistance to MSMEs for using Bar Code

The Ministry of Micro, Small and Medium Enterprise (MSME) is providing financial assistance of Rs.142.69 lakhs for enhancing marketing effectiveness of Indian MSMEs by way of enabling usage of Bar C

The Ministry of Micro, Small and Medium Enterprise (MSME) is providing financial assistance of Rs.142.69 lakhs for enhancing marketing effectiveness of Indian  MSMEs by way of enabling usage of  Bar Codes, in the country. The Minister of State, MSME (Independent Charge), Dinsha Patel, informed in the Lok Sabha on Tuesday.

 

Financial assistance of Rs.142.69 lakhs has been provided to 764 MSEs for reimbursement of one-time registration fees and 384 cases of these units for annual recurring fees upto October, 2010.

 

This Scheme aims to enhance marketing competitiveness of MSEs and entails financial assistance towards 75% reimbursement of (i) one-time registration fees w.e.f. January, 2002 & (ii) annual recurring fees (for first three years) w.e.f. June, 2007 to eligible MSEs.

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