The industrial units covered under the Industries (Development & Regulation) Act, 1951, are hereby informed that the Centre for Monitoring Indian Economy (CMIE) had been collecting monthly production data on behalf of the Department of Industrial Policy and Promotion (DIPP) as per the agreement signed between DIPP and CMIE. The term of this agreement has come to an end in November, 2007. Therefore, the concerned industrial units are requested to henceforth, send the Monthly Production Return directly to the Director, Industrial Statistics Unit, DIPP, Udyog Bhawan, New Delhi-110 107 by the 10th of every month by post /Fax (No.011-23063564)/e-mail (ipp_dir-stat@nic.in). The performa of the Monthly Production Return (MPR) can be downloaded from the hyperlink “Forms” available in the main page of the website: www.dipp.nic.in.
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Saturday, December 8, 2007
IDRA-Monthly Production Returns to DIPP
Tuesday, November 20, 2007
Micro, Small and Medium Enterprises Development Act, 2006
As per section 7 of Micro, Small and Medium Enterprises Development Act, 2006 (which is effective from 2-10-2006) read with notification No. SO 1642(E) dated 29-9-2006, enterprises are classified as follows –
PARTICULARS | Investment in plant and machinery in case of enterprise engaged in manufacture or production of goods | Investment in equipment in case of enterprise engaged in providing or rendering of service |
Micro Enterprise | Does not exceed Rs 25 lakh Rupees | Does not exceed Rs 10 lakh Rupees |
Small Enterprise | More than Rs 25 lakhs but does not exceed Rs five crores | More than Rs 10 lakhs but does not exceed Rs two crores |
Medium Enterprise | More than Rs 5 crore but does not exceed Rs 10 crores | More than Rs 2 crore but does not exceed Rs five crores |
The enterprise may be proprietorship, HUF, AOP, cooperative society, partnership or undertaking or any other legal entity - Notification No. SO 1642(E) dated 29-9-2006.
National Board for Micro, Small and Medium Enterprises has been formed vide notification No. GSR 596(E) dated 26-9-2006. Advisory committee for classification of enterprises has been formed vide notification No. SO 1622(E) dated 27-9-2006.
http://www.smallindustryindia.com/publications/reserveditems/Reserved_item_list_114_items.pdf
Also find the Act's Financial Implications in
http://thisisvj.googlepages.com/microsmallmedium.doc
Note on MSMED Act http://thisisvj.googlepages.com/NoteonMSME.doc
Format of letter to be recieved from Suppliers http://thisisvj.googlepages.com/ConfirmationLetterfromsuppliers.doc
Valuable SME Toolkit avail in http://india.smetoolkit.org/
Government site http://www.msme.nic.in/
Yes, this will help you in Company Secretary Final & Inter preparations and other professionals.