Note on registration of NSIC (National Small Industries Corporation)

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Note on registration of NSIC (National Small Industries Corporation)

Dear Madam

A) Brief details:

National Small Industries Corporation:

We provide consultancy services for Small Scale Industry to registered with NSIC and get benefits for Earnest Money Deposit (EMD) – Security Deposit, Raw material Loan, Tender fee waiver, etc…

NSIC registers SSI units under Single Point Registration scheme for participation in Government Purchases.

 Eligibility

Micro & small Enterprises which are in continuous production of stores for one year or more and are registered with the Director of Industries (DI) as manufacturing SSI Unit/Small Scale (industry related) Service & Business Enterprises (SSSBE),who own workshop of their own or on lease basis and have the commercial and technical competence to produce stores/provide services for supply to the Government Departments such as DGS&D, Railways, Defence, P&T, Central/State Government Departments and Central/State Government Public Sector Undertakings etc. conforming to BIS or such standards as required by the Government buying agencies.

For the micro & small Enterprises who have commenced the commercial production but not completed one year of existence and hence not able to submit the Audited Balance Sheets and other annexure, the provisional Registration Certificate can be issued to such Micro & Small enterprises under Single Point Registration Scheme which shall be valid for the period of one year only for the date of issue after levying the registration fee and obtaining the requisite documents.

The initial monetary limit for such units will be fixed at Rs. Lac Only. The Provisional Registration Certificate will be valid for the period of one year only. The Provisional Registration Certificate shall to be renewed by the unit before it expiry as per the term and conditions of the Single Point Registration Scheme laid down for the renewal of the registration.

National Small Industries Corporation Ltd. (NSIC), an ISO 9001 certified company, since its establishment in 1955, has been working to fulfill its mission of promoting, aiding and fostering the growth of small scale industries and industry related small scale services/business enterprises in the country.

Over a period of five decades of transition, growth and development, NSIC has proved its strength within the country and abroad by promoting modernization, up gradation of technology, quality consciousness, strengthening linkages with large medium enterprises and enhancing exports – projects and products from small industries

 Benefits

 The National Small Industries Corporation enlists small scale units as competent to. Undertake supply of various items to the Government.

 The registered units are extended various facilities so as to promote their participation, and consequently enhance the share in Government purchases.

 The rationale of the this Scheme is to avoid multiplicity of registration with various Government agencies and to ensure that the units registered with NSIC are considered at par with those registered directly with the purchasing agency.

 Bonafide Directorate of Industries / District Industries Centers is enlisted under this Scheme.

 Their technical and commercial competence is verified in advance and this makes their registration with NSIC more meaningful in relation to purchasing agencies.

 Though, initially the Scheme was aimed at securing larger share of orders from DGS&D, effective recognition is given to the units registered with NSIC by the Railways, Defense, P&T, and several Public Sector Enterprises. Automatic registration is given to units which are enlisted with NSIC. The units registered under this scheme are manufacturing a broad spectrum of products involving high technology and sophisticated production processes and have become a formidable source of supplies to the Government both at the Centre and States besides Public Sector Undertakings, etc.

 Facilities

The units registered with NSIC, under the Single Point Registration Scheme are given the following facilities:

 Issue of tender sets Free of Cost
 Advance intimation of tenders issued by DGS&D
 Exemption from payment of earnest money

 Waiver of security deposit up to the monetary limit for which the unit is registered.
 Issue of competency certificate in case the value of an order exceeds the monetary
Limit, after due verification.
 Besides, the units get other facilities which are available to small scale sector such
as consideration of price preference up to 15% on merits over the price quoted by
Large units and procurement as per the reserved lists.
 Financial Assistance for procurement of Raw Material upto 90 days.

B) Registration with Government authority:

As per rules and regulations applicable.

C) Place of rendering Services:

The place of rendering services generally shall be our office situated at OM Apartment, 496/B, Kasba Peth, Near KCC Classes, Pune – 411 011.

D) Time limit:

This assignment will take approximately 3 months to get completed.

Thanks & with warm regards !

For, CS Pramodkumar R. Ladda
Company Secretary

Note on registration of NSIC (National Small Industries Corporation)

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