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National Small Industries Corporation (NSIC), is an ISO 9001-2015 certified Government of India Enterprise under Ministry of Micro, Small and Medium Enterprises (MSME). NSIC has been working to promote, aid and foster the growth of micro, small and medium enterprises in the country. NSIC operates through countrywide network of offices and Technical Centres in the Country.In addition, NSIC has set up Training cum Incubation Centre managed by professional manpower.Objectives of National Small Industries Corporation

Some of the following quality objectives which NSIC strive to achieve are:-

• To enhance reach of the Corporation resulting in growth in its business.

• To achieve operational efficiency and self-sustenance by attaining better productivity and profitability.

• To upgrade the professional skills of all employees keeping in pace with business needs.

• To provide safe, clean, hygienic & congenial work environment for effective contribution by every employee.

Functions of National Small Industries Corporation

NSIC provides a wide range of services, predominantly promotional in character, to small-scale industries.

Its main functions are to:

a. Provide machinery on hire-purchase scheme to small-scale industries.

b. Provide equipment leasing facility.

c. Help in export marketing of the products of small-scale industries.

d. Participate in bulk purchase programme of the Government.

e. Develop prototype of machines and equipments to pass on to small-scale industries for commercial production.

f. Distribute basic raw material among small-scale industries through raw material depots.

g. Help in development and up-gradation of technology and implementation of modernization programmes of small-scale industries.

h. Impart training in various industrial trades.

i. Set up small-scale industries in other developing countries on turn-key basis.

Benefits Of National Small Industries Corporation

Government of India is one of the largest purchasers of the goods. NSIC registers Micro & small Enterprises (MSEs) under Single Point Registration scheme (SPRS) for participation in Government Purchases. The units which are registered under Single point registration scheme are eligible to get benefits of “Public Procurement Policy for Micro & Small Enterprises (MSEs) Order 2012” as notified by the Government of India, Ministry of Micro Small & Medium Enterprises.

Benefits Of Registration

The registered units shall get following benefits:

• Issue of the Tender Sets free of cost;

• Exemption from payment of Earnest Money Deposit (EMD);

• In tender participating MSEs quoting price within price band of L1+15 per cent shall also be allowed to supply a portion upto 25% of requirement by bringing down their price to L1 Price where L1 is non MSEs.

• Every Central Ministries/Departments/PSUs shall set an annual goal of minimum 25 per cent of the total annual purchases of the products or services produced or rendered by MSEs.

• Out of annual requirement of 25% procurement from MSEs, 4% is earmarked for units owned by Schedule Caste /Schedule Tribes and 3% is earmarked for the units owned by Women entrepreneurs.

• 358 items are reserved for exclusive purchase from SSI Sector.

Eligibility Criteria

√ All Micro & Small Enterprises having EM Part-II (Optional)/ Udyog Aadhaar Memorandum (UAM) are eligible for registration with NSIC.

√ For start ups, Micro & Small Enterprises who have already commenced their commercial production but not completed one year of existence. In that situation the Provisional Registration Certificate can be issued to such Micro & Small Enterprises which shall be valid for the period of one year.

√ Traders are not eligible for registration under this Scheme.

Validity Of Single Point Registration

• The Registration Certificate granted to the Micro & Small Enterprise under Single Point Registration Scheme (Revised), 2003 is valid for Two Years.

• Provisional Registration Certificate shall be valid for the period of one year.

Registration Process

>Submit the application along with fees and documents

>Nodal officer will check the documents and if any deficiency found by the officer, convey the deficiency

>After completing the deficiency, if any, nodal officer will issue a acknowledgment

>Then nodal officer forward the application to inspecting agencies

>After inspection, inspecting agency will generate the report

>After that certificate will issued