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Ministry of Tourism Organizes ‘Dekho Apna Desh Series’

Dekho Apna Desh

National: Ministry of Tourism organizes the 50th webinar titled “AtmaNirbhar Bharat- Issues confronting Tourism & Travel”. The webinar is under the ‘Dekho Apna Desh Webinar Series’. The webinar gave information on the MSME sector and its classification. Also, the registration process for MSMEs.
The credit/Finance Schemes of the Ministry of MSME for the services sector, Public procurement policy, etc. were also in the presentation. This webinar gave information about the vision to provide information and guidance to the stakeholders. And also provided basic details on benefits from the various elements and schemes of MSME.

Devendra Kumar Singh, Additional Secretary, and Development Commissioner, MSME presented the webinar. Also, Mr. Anand Sherkhane, Additional Development Commissioner, Ministry of Micro, small and medium Enterprises was in the webinar.

The key highlights of the MSME registration benefits about small businesses are:
1. Loans without collaterals:
The Government has various initiatives for MSME/SSI that allow them to avail credit without collateral. One of the best MSME registration benefits is the initiative to provide a collateral-free loan. It is undertaken by GOI (Government of India), SIDBI (Small Industries Development Bank of India). And also, by the Ministry of Micro, Small and Medium Enterprise. This is under ‘The Credit Guarantee Trust Fund Scheme’. This is by far the best MSME registration benefits for small business owners.
2. Subsidy on Patent Registration & Industrial Promotion:
Business enterprises under the MSME Act are given a hefty subsidy of 50 percent for patent registration. To avail the subsidy, one must send an application to the respective ministry.

Now, there will be no difference between the manufacturing and service sectors. The new definition will pave the way for the strengthening and growth of the MSMEs.

What do you think?

Written by Headline8 Desk

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