Difference Between Micro and Small Enterprises

Difference Between Micro and Small Enterprises

Micro and Small Enterprises (MSME)

Micro and Small Enterprises

·  Easy finance availability from bank etc Without collateral requirement.

· Protection against delay in payment from buyer & right of interest on delayed payment.

· Preference in providing government tender.

· Stamp duty & octroi benefits.

· Concession in electricity bills.

· Reservation policies to manufacturing/       Production sector output

· Resolution of dispute through arbitration and conciliation act.

· Excise exemption scheme.

· Subsidy on ISO certification.

· Reduction in rate of interest.

 

 

Medium Enterprises

· Easy finance availability without collateral requirement.

· Preference in providing government tender.

· Reservation policies to  manufacturing production sector output.

· Time bound resolution of disputes through conciliation & arbitration.

 


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