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    Single Point Registration Scheme

    Uploaded by

    Sanskriti sahu
    The document discusses India's developmental scheme for micro and small enterprises (MSEs) called the Single Point Registration Scheme (SPRS). The key points are: 1) SPRS aims to increase government procurement from MSEs, with a minimum requirement that MSEs receive 25% of all yearly procurement of goods and services by government ministries, departments, and PSUs. 2) Enterprises registered under SPRS through the National Small Industries Corporation (NSIC) receive benefits like exemption from earnest money deposits for bids, free tender documents, and a 15% higher quote allowance in government tenders. 3) SPRS registration is valid for two years and requires renewal every two years through verification of continuous

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    Single Point Registration Scheme

    Uploaded by

    Sanskriti sahu
    159 views8 pages
    The document discusses India's developmental scheme for micro and small enterprises (MSEs) called the Single Point Registration Scheme (SPRS). The key points are: 1) SPRS aims to increase government procurement from MSEs, with a minimum requirement that MSEs receive 25% of all yearly procurement of goods and services by government ministries, departments, and PSUs. 2) Enterprises registered under SPRS through the National Small Industries Corporation (NSIC) receive benefits like exemption from earnest money deposits for bids, free tender documents, and a 15% higher quote allowance in government tenders. 3) SPRS registration is valid for two years and requires renewal every two years through verification of continuous

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    Single point registration scheme PPT

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    The document discusses India's developmental scheme for micro and small enterprises (MSEs) called the Single Point Registration Scheme (SPRS). The key points are: 1) SPRS aims to increase government procurement from MSEs, with a minimum requirement that MSEs receive 25% of all yearly procurement of goods and services by government ministries, departments, and PSUs. 2) Enterprises registered under SPRS through the National Small Industries Corporation (NSIC) receive benefits like exemption from earnest money deposits for bids, free tender documents, and a 15% higher quote allowance in government tenders. 3) SPRS registration is valid for two years and requires renewal every two years through verification of continuous

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    159 views8 pages

    Single Point Registration Scheme

    Uploaded by

    Sanskriti sahu
    The document discusses India's developmental scheme for micro and small enterprises (MSEs) called the Single Point Registration Scheme (SPRS). The key points are: 1) SPRS aims to increase government procurement from MSEs, with a minimum requirement that MSEs receive 25% of all yearly procurement of goods and services by government ministries, departments, and PSUs. 2) Enterprises registered under SPRS through the National Small Industries Corporation (NSIC) receive benefits like exemption from earnest money deposits for bids, free tender documents, and a 15% higher quote allowance in government tenders. 3) SPRS registration is valid for two years and requires renewal every two years through verification of continuous

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 8

    A developmental scheme

    The Government is the single largest buyer


    Participation in Government Purchase.
    National small industries corporation (NSIC) registers (MSEs) under
    (SPRS))

    Micro & Small Enterprises

    Micro Enterprise  Small Enterprise 

    Manufacturing  Services Manufacturing  Services


    Investment

    up to Rs 25 up to Rs 5 up to Rs 10 up to Rs 2 
    lakh. Crore. lakh. Crore.
    SPRS was launched to focus on the advancement of MSE sector

    MSME's contribute 29% to India's GDP

    Government envisioned MSE's doing wonders in future.

    Main objective is to increase share of govt. purchases from MSE's

    Govt. is the largest buyer of goods & Services.

    The Govt also wanted to avoid multiple registrations for business

    companies.
    In government bids, there is a complete exemption from earnest money deposits (EMD).

    The qualifying MSEs receive Government Tender Sets completely free of charge.

    358 categories of goods have been earmarked by the government for purchase from the Small scale units only.

    Minimum requirement that MSEs only be used for 25% of all yearly procurement of goods and services made by
    union ministries, departments, and PSUs.

    NSIC approves a monetary limit for your bid based upon your financials from last 3 years, bigger the monetary
    limit approved by NSIC bigger you can bid in the tender.

    Enterprises registered under NSIC can quote 15% higher as compared to a non registered NSIC in governemtn
    tenders and bids

    Recognition from the government interms of marketing, technology to scale up your firm.

    NSIC also provides consultancy services such as business development, scaling of your business
    Minimum requirement that MSEs only be used for 25% of all yearly procurement of goods and services made by
    union ministries, departments, and PSUs.

    25%

    4% 3%

    BUSINESSES OWNED BY SC/STS WOMEN-OWNED BUSINESSES.

    Earnest Money Deposit or EMD is the money taken from a bidder as the security deposit before any bid, in
    order to assure his seriousness in the deal.
    However, if a bidder has NSIC registration in the Single Point Registration Scheme, he will exempt from paying
    the EMD during a government bid.
    All Micro & Small Enterprises (MSEs) having or Udyog Aadhaar MSME
    registration.
    Those having Enterprise Memorandum (EM) Part-II can also apply for
    SPRS.
    MSEs that have already commenced production and have completed
    one year.
    Valid for two years
    Applicable for review and renewal every 2 years after thorough
    verification of continuous CTC of the registered MSEs
    1-year valid Provisional Certificate applicable for MSEs which
    started production but have not completed an year

    'Point of Interest' form available at the website


    'www.nsicspronline.com'
    Fee and documents to be submitted to the Zonal/Branch/Sub
    Branch and Sub Office/Extension office of NSIC situated
    nearest to the location
    Registration Certificate to be awarded after receiving
    Inspection Report
    Thank You

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