The Synthetic & Rayon Textiles Export Promotion Council

Regulation of Functions of MSMEs

Circular No.ES/ 349 /2018-19                                                                      January 08, 2019

To: Members of the Council

Sub.:  Regulation of Functions of MSMEs

Dear Member, 

We would like to inform you that the Ministry of Micro, Small & Medium Enterprises has issued a Press Release dated 7th January, 2018 informing about regulation of functions of MSMEs.

The Ministry has introduced various initiatives including online filing of Udyog Aadhaar Memorandum (UAM) to promote the Ease of Doing Business.  

The Hon'ble Minister of State (Independent Charge) for MSMEs, Shri Giriraj Singh in Lok Sabha has announced the following steps:

  1. MSME SAMADHAAN Portal- For empowering micro and small entrepreneurs across the country to directly register their cases relating to delayed payments.

  1. MSME SAMBANDH Portal- To help in monitoring the implementation of public procurement policy for micro and small enterprises.

  1. MSME SAMPARK Portal – A digital platform wherein jobseekers (passed out trainees/students of MSME Technology Centres) and recruiters get connected.

  1. Digital Payments- To pass on the benefits of the schemes of Ministry of MSME through digital payment gateway.

Further, the Government has enacted the Micro, Small and Medium Enterprise Development (MSMED) Act, which is applicable to all the States and Union Territories.

Members may make a note of the above.

Thanking you,

Yours faithfully,

S.BALARAJU
EXECUTIVE DIRECTOR