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Discussion on Amendments in the MSMED Act 2006

Discussion on Amendments in the MSMED Act 2006
Start Date :
Jul 05, 2024
Last Date :
Aug 05, 2024
23:45 PM IST (GMT +5.30 Hrs)
Submission Closed

The Ministry of MSME is in the process of amending the MSMED Act, 2006. In this regard, this Ministry had consulted various central Ministries/Department/State Govt./Industry ...

The Ministry of MSME is in the process of amending the MSMED Act, 2006. In this regard, this Ministry had consulted various central Ministries/Department/State Govt./Industry Associations/other stakeholders & general public.

Based on the consultations and written inputs received from various stakeholders, the amendments proposed in the MSMED Act, 2006 are based on the following four key pillars:

A) Enhancing inclusivity and broad-basing the scope of the Act;
B) Future-proofing the Act;
C) Improving co-ordination under the Act;
D) Enhancing the ease of business in the ecosystem;

A) Enhancing Inclusivity and Broad-basing the scope of the Act
• Accord statutory status to Udyam registration for availing benefits under the Act.
• Provision for credit guarantee coverage to Micro and Small Enterprises by Government.
• Enabling provisions to address issues of credit gap; shortage of working capital; ensure adequate, affordable, and timely finance to enterprises; minimize the incidence of financial stress among enterprises; and leverage new and emerging platforms and technologies such as the Trade Receivables Discounting System, Account Aggregator Framework, etc.
• Provision for targeted mechanisms for capacity building of women, members of SC and ST, and rural artisans and craftspeople and provisions for market access, financial and digital literacy.
• Inclusion of cottage, village, and coir industries as rural artisans and craftspeople in the MSME classification scheme, to promote rural industries and enterprises.
• Inclusion of Medium Enterprises in the dispute resolution framework

B) Future-proofing the Act
• Strengthen provisions for technological upgradation and green technology to enhance productivity, quality, and competitiveness.
• Enabling provisions for the adoption of energy-efficient, sustainable technologies by MSME.
• Designation of a Green Fund to support the energy transition of MSME and integration in the global value chain.
• Addressing industrial obsolescence among enterprises.
• Promoting technological upgradation and research and development among enterprises.
• Encouraging the adoption of sustainable technology solutions by enterprises.

C) Improving coordination
• Streamline the structure, working, and functions of the National Board and the Advisory Committee to make them lean, efficient, and responsive to the requirements of MSME, and strengthen the monitoring and evaluation mechanism.
• Provision to set up an adequate number of Facilitation Councils in States for better access to MSMEs, along with an incentive structure to promote competition and good performance among them.
• The composition of the Facilitation Councils may be prescribed by the State Government.

D) Enhancing Ease of Business in the Ecosystem
• Provisions for the decriminalisation of offences by converting criminal fines into civil penalties.
• Simplification of regulatory clearance mechanism and procedure for establishment and management of MSME by making suitable provisions in the Rulemaking powers of the appropriate Government.
• Creating and encouraging the adoption of digital solutions to improve transparency and foster a culture of accountability
• Make the adjudication process simpler and speedier, aligning it with the alternative dispute resolution framework and online dispute redressal.

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Showing 768 Submission(s)
MakarandBaraskar
MakarandBaraskar 1 year 2 months ago

कीसानो के लिए आधुनिक बाजार,सब्जीमंडी,गोदाम,बायोगैस संयंत्र, सौरउर्जा, बीजली बील मे कम दाम,कम व्याजदर पर लोन, पाणि और सर्वश्रेष्ठ बीज नैसर्गिक खाद, रेलवे और पब्लिक ट्रांसपोर्ट में मंथली पास पर तीकट पर छूट. जानवरों के लिए सर्वश्रेष्ठ चारा, दूध के लिए डेअरी, रेशम,बकरी पालन, मुरगी पालन शहद , पशू और पौधो के चीकीत्सक,डोक्टर,
बहोतसे खेती-बाड़ी से जूडे उद्योग से निर्मित वस्तुओं के लिए खरीद और ट्रांसपोर्ट, एक्सपोर्ट प्रशिक्षण. हर ग्रामपंचायत मे आधूनीक खेती बाडी के यंत्र जो कीराए पर उपलब्ध हो सके क्यो की महंगे यंत्र छोटे कीसान नही खरीद सकते है ईससे कीसानो की आय बढ़ेगी

MakarandBaraskar
MakarandBaraskar 1 year 2 months ago

Restoring Indian cultural Names in Indian Border our culture and reducing neighbour influence. Renaming Mughal, Nizam names from areas cities, villages, Areas, part of city need to be updated with cultural heritage.There are great people, freedom fighters, social workers, or motivational names we can use gulami ki nishani se mukt Bharat Request we can proud of our ancestors,

MakarandBaraskar
MakarandBaraskar 1 year 2 months ago

सौर उर्जा क्षेत्र और पेट्रोल डीजल के पर्यायी इथेनॉल मीथेनौल और नये संशोधन और उर्जा स्रोत विकसित करणा.
विश्व की सबसे बहतर शहर गांव विकसित करणा.
सुखा मुक्त भारत, बाढ प्रभावित क्षेत्र, नैसर्गिक आपदा प्रबंधन से इन आपदा से होने वालें नुकसान से मुक्त भारत.
सबसे बहतर तकनीक विकसित कर इनोवेशन, रीसर्च, को बढ़ावा देना.
भारतीय इन्फ्रास्ट्रक्चर, सोफ्टवेयर, ओपरेटिंग सिस्टम, एंटीवायरस सीस्टीम और इलेक्ट्रॉनिक्स, मे सर्वश्रेष्ठ बनाना आवश्यक

Mohit_95
Mohit_95 1 year 2 months ago

सर मुझे आपसे एक बात और करनी है कि आज जो समस्या समय गुजर रहा हूं मैं नहीं चाहता कि उसे समय से कोई और वीडियो देखें मेरे पास टाइम नहीं बचा मेरे पास टाइम यही महीना का टाइम बच रहा है इसके बाद मेरे पास टाइम नहीं है पता नहीं आप हाथ में अगर कमेंट करो मैं रहूं या ना रहूं मेरा कोई भरोसा नहीं आइडिया अगर मेरे जाने से पहले सबके पास आपके पास पहुंच गया तुझे सबका भला होगा सब खुश हो जाएंगे भारत में व्यापार बोलेंगे पैसा भी आएगा भारत एक सक्षम

Mohit_95
Mohit_95 1 year 2 months ago

हेलो सर मेरा नाम मोहित है मैं कोटा राजस्थान के बोल रहा हूं सर मेरे पास एक ऐसा आईडिया है जिससे सभी लोगों का कर्ज चक सकता है और सभी लोगों का वापस रीपेमेंट भी होगा और आप ही देख लीजिए कि भारत की जनसंख्या कितनी है इसमें से कितने लोगों का कर्जा है और कितने रुपए देने के हैं और वापस रीपेमेंट में कितना आएगा कुछ भी नहीं करना है कुछ मेरे आप एक बार एक बात सुन लीजिए हो सके तो आप मुझे एक बार फोन कीजिए मैं तो किसी का पैसा डूबेगा और ना ही कोई मुसीबत खड़ी होगी मैं समझा नहीं पा रहा हूं कोई बात और मेरे हिसाब से मेरे पास जो आईडिया वह आइडिया सबसे बेस्ट है पूरे इंडिया को कर्ज मुक्त करने के लिए और भविष्य में भारत को कभी भी बाहर के देशों से कर्ज भी नहीं लेना पड़ेगा ऐसा आईडिया है मेरे पास में आप मुझे एक बार कॉल कीजिए 8560958039 प्लीज सर मेरी बात

Nasim Kutchi
Nasim Kutchi 1 year 2 months ago

contd:- differences comes when we act or react on it, and difference is not a full stop which will lead INDIA to an extend, but INDIA works without fullstop to avail a good position throughout the country and as a global. Designation of a Green Fund to support the energy transition of MSME and integration in the global value chain.
• Addressing industrial obsolescence among enterprises.Collateral Free Loans. Obtaining loans is often challenging for Small & Medium-size businesses. ...
Overdraft Interest Subvention. ...
Subsidy on Patent Registration. ...
Industrial Promotion Subsidy. ...
Timely Payments by Buyers. ...
Free ISO Certification.
And this all are a part of MSME which is important in all the cases until and unless this are brought up MSMES are totally ZERO and when included with all the above parameters and conditions it becomes HERO for the stakeholders and vendors and for thecitizen of INDIA from one point of consideration towards the betterment of the country

Nasim Kutchi
Nasim Kutchi 1 year 2 months ago

contd:- Creating and encouraging the adoption of digital solutions to improve transparency and foster a culture of accountability. This is an outstanding merit and advantage for enhancing the ease of business in the ecosystem; better the work is better the growth of the MSMES is with the development of Capacity building and good infrastructure with a good and best environmental ecosystem with one INDIA one Nation. It is not a disturbing co-incidence that stirs my amazements on this holy occassion to commomerate one of the most important landmark of INDIAs MSMES history, on 9th May 2007, later on again and again INDIA wanted to build an INDIA with the combination of Micro Small Medium enterprise with The categories are as follows: Micro enterprises: Investment less than Rs. 1 crore and turnover less than Rs. 5 crore. Small enterprises: Investment less than Rs. 10 crore and turnover up to Rs. 50 crore. Medium enterprises: Investment less than Rs. 20 crore and turnover up to Rs. 100 cror

Nasim Kutchi
Nasim Kutchi 1 year 2 months ago

Every best action has a good and best reaction in the sense of development with different forms and different sizes and creativity. The existing criterion of definition of MSMEs is based on the MSMED Act, 2006. It was different for manufacturing and services units. Looking into the merit of this MSME, it is not so hard to look forward with a great and better sources and resources for the development of the countries future because this is true that acheivng success in any field and playing the best role of micro small medium enterprises defines the less work pressure with best imcome sources from different stake holders and vendors. Bringing profit and saving profit is also one of the most important parameters in this amendments act of 2006. Provision for credit guarantee coverage to Micro and Small Enterprises by Government.Provision to set up an adequate number of Facilitation Councils in States for better access to MSMEs, along with an incentive structure to promote competition.

Rakesh gupta
Rakesh gupta 1 year 2 months ago

हम Russia को बच्चे पैदा करके दें सकते हैं बशर्ते Russia भारतीय गरीब परिवार को payment करें।
कम से कम ₹5 लाख प्रत्येक बच्चे पैदा करके देने के लिए
contract होना चाहिए legal transfer contract.
जनसंख्या पर नियंत्रण कानून भी नहीं करना पड़ेगा

SUBHASHCHANDRACHAURASIA
SUBHASHCHANDRACHAURASIA 1 year 2 months ago

manniya pradhan mantri ji me BJP ka purana karya karta hu mene aapke samakchh apne man ki bat rakhi hai

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