New Delhi: Small businesses in Delhi will soon have centres to help them navigate govt schemes, secure business financing, obtain approvals and expand their markets, a move that will help them grow and generate more employment in the long term.
A micro enterprise is one with an investment of up to Rs 2.5 crore and a turnover of up to Rs 10 crore. A small enterprise can have an investment of up to Rs 25 crore and a turnover of up to Rs 100 crore. A business is a medium enterprise unit if it has an investment of up to Rs 125 crore and a turnover of up to Rs 500 crore.
“The entrepreneurs will be able to seek help on statutory clearances, finance, technology adoption, digital platforms, supply chains, exports and access to domestic and international markets,” an official said. Delhi govt has started the process of setting up a centralised micro and small enterprises (MSE) hub and six district-level business facilitation centres, or BFCs. Union govt classifies enterprises as micro, small and medium based on the investment and the annual turnover. Govt has already invited expressions of interest to select an agency. The agency will be responsible for establishing, staffing and operating the hub and BFCs during the project period. It will also provide office infrastructure, IT systems, furniture, maintenance, housekeeping and other operational support. The initiative is being taken up under RAMP, a World Bank-supported programme of the Union MSME ministry. You Can Also Check: Gold Rate in Delhi | Silver Rate in Delhi | Bank Holidays in Delhi | Public Holidays in Delhi | Delhi AQI | Weather in Delhi | Petrol Price in Delhi | Diesel Price in Delhi | CNG Price in Delhi | LPG Price in Delhi
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