Union Government launches data bank portal of MSMEs

August 12, 2016

The Union Government has launched two important initiatives of the Union Ministry of MSME, viz. MSME Databank Portal and Online Finance Facilitation Web Portal.
They were launched by Union Minister of Finance & Corporate Affairs Arun Jaitley on the sidelines of 14th Meeting of the National Board of MSME in New Delhi.
Key Facts

  • MSME Databank Portal: It aims to gather information about micro, small and medium enterprise (MSMEs).
  • Its Objective is to have one-stop source of information of MSMEs of India, including their credit and technology, requirement in terms of raw material and marketing, etc.
  • It will enable the MSME units and the various Associations to furnish data online. It will save the efforts and money required for physical Census.
  • Databank’s MIS dashboard will provide real time information on various types of the MSMEs registered on the portal.
  • The databank will be used for public procurement purposes and the PSUs will make use of the data for procuring from MSMEs.
  • Online Finance Facilitation Web Portal: It will provide collective funding options for MSMEs.
  • The portal will allow the MSMEs to apply for loans from the various banks on the NSIC (National Small Industries Corporation) portal itself.
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4 Comments

  1. CHAMPESHWER PRASAD DHANKAR

    September 5, 2016 at 10:47 am

    Under the Prime Minister’s Employment Generation Programme to establish a unit to manufacture bricks I Falaiye S Daavrsn, project reports, quotations, Udgm Akachha Shit Puri after all the necessary information after the online Avednn dated 06.07.2016 and including the Khadi Board villages Udgog Bemetara days after the application is submitted in the number of detected EKBCG251-292663 2016-2017 season for SC and STs is only taking applications for the class rule of the people have received the order from the OBC to Islia the order form will not receive unless by then the plan is mealy Swikreeti not get the information, what the OBC Prime Minister’s employment generation Programme me miles will not loan scheme? What should I do now? I am so pleased to provide appropriate guidance to establish their own may leave Byvsay

  2. CHAMPESHWER PRASAD DHANKAR

    September 5, 2016 at 10:47 am

    Under the Prime Minister’s Employment Generation Programme to establish a unit to manufacture bricks I Falaiye S Daavrsn, project reports, quotations, Udgm Akachha Shit Puri after all the necessary information after the online Avednn dated 06.07.2016 and including the Khadi Board villages Udgog Bemetara days after the application is submitted in the number of detected EKBCG251-292663 2016-2017 season for SC and STs is only taking applications for the class rule of the people have received the order from the OBC to Islia the order form will not receive unless by then the plan is mealy Swikreeti not get the information, what the OBC Prime Minister’s employment generation Programme me miles will not loan scheme? What should I do now? I am so pleased to provide appropriate guidance to establish their own may leave Byvsay

  3. gaurav

    September 27, 2016 at 4:30 pm

    Empowering make in india and egovernance

  4. gaurav

    September 27, 2016 at 4:30 pm

    Empowering make in india and egovernance

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