Hotline: 1800 102 2007
Search Business Opportunities

Incentive plan to cheer MSMEs

Govt. steps ahead to encourage through various schemes

The Ministry of Micro, Small & Medium Enterprises (MSMEs) has introduced various incentive schemes to encourage MSMEs to adopt good corporate governance practices.

Launched with the purpose of encouraging MSMEs to adopt good corporate governance practices for improving their competitiveness, reducing operational risk factors, overcoming barriers to trade, successfully meeting the challenges of globalization, accessing lower cost of finance, for creating awareness among them for strengthening of accounts and audit procedures, transformation of company’ structure, resource management, training and statutory corporate governance rating, etc, it has attracted one-time financial incentive (up to Rs. 45,000 per MSME unit) to acquire company’s structure by adopting corporate governance or Limited Liability Partnership (LLP) framework.

Further, in order to extend Marketing Assistance & Technology Upgradation in Packaging, the Government plans to bring about modern packaging technology in different sectors.

This includes Bakery Products, Food Processing, Fruit & Vegetables, Marine Foods, Edible Oil, Mango Processing, Fish Processing, Banana Processing, Alphonso Mango, Grape Packing, Fish/Plant Processing to quote a few.

Related opportunities
  •    Become WIISE partner and be part of India’s fastest growing Award winn..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 160
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Mr. Bean's Pizza started its operations in Jaipur in 2013...
    Locations looking for expansion Rajasthan
    Establishment year 2013
    Franchising Launch Date 2013
    Investment size Rs. 10lac - 20lac
    Space required 330
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jaipur Rajasthan
  • Computer Hardware & IT
    About Us: Mindlogicx is a premium technology brand operating in a..
    Locations looking for expansion Karnataka
    Establishment year 2002
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 750
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Quick Service Restaurants
    Kathi Junction – brings the golden opportunity to start your..
    Locations looking for expansion New Delhi
    Establishment year 2009
    Franchising Launch Date 2009
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater NEW DELHI New Delhi
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts