News

  Events

  Press Releases

  Circulars

 

News at ISSPA

 

Search in Archives  

[ View Archives ]

 

  Modification of SSI-MDA Scheme

  5-Jun-2007

Modification of SSI-MDA Scheme – Addition of a Component to reimburse 75% of the Annual Fees ()Recurring) of the Bar Code Certification of Micro and Small Enterprises for the first three years.

Notification No.10(6)-MA dated 16th May 2007 issued by the Ministry of Small Scale Industries.

Kindly refer to this office memorandum No.1096002000-EP&M dated 10th February 2003 whereby guidelines for financial assistance under SSI-MDA scheme for Bar Code registration were circulated. The scheme came into operation w.e.f. 1st January 2002. However, it was felt that many of the small-scale entrepreneurs find it difficult to meet the recurring liability of payment of annual fee of Bar Code Certification. It is further felt that if the annual recurring fee were also reimbursed, the scheme would become more affordable and attractive, encouraging many more units to obtain Bar Code Registration.



With this objective, the scope of the present scheme has been enhanced w.e.f.1st June 2007. Accordingly it has now been decided that 75% of the annual fee (recurring) of the Bar Code certification for the first three years would also be reimbursed to Micro and Small Entrepreneurs, in addition to reimbursement of the one-time registration fee as charged by GSI (formerly EAN India). The other parameters o the guidelines circulated earlier will remain the same.



Presently, GSI India, the Bar Code solution provider, charges Rs.25,000 as one-time registration fee for adoption of Bar Code and Rs.5,000 as annual fee (recurring). With the present modification, it is expected that a large number of SMEs would come forward to adopt the practice of Bar Coding their products which would also serve as a tool for the successful marketing of SMEs products in the exports/retail market.

Ravi Parmar
Joint Development Commissioner (SSI)

 

Home  |  About ISSPA  |  Members Area  |  Resources  |  News and Events  |  Contact Us  |  Sitemap