The aim of MSMEs is to collect information about micro, small and medium enterprise including their requirement in terms of raw material and marketing, credit and technology, etc.
Databank have one-stop source of information of MSMEs of India.
This portal will not only save the efforts and money required for physical Census.
It will also permit the MSME units and the various associations to provide data and sitting in their units.
It will provide real time information on various types of the MSMEs registered on the portal.
Government will carry out a census of MSMEs online for the first time, through the databank.
Online Finance Facilitation Web Portal:
This portal will permit MSMEs to apply for loans from the various banks on the NSIC (National Small Industries Corporation) portal itself.
It will provide collective funding options for MSMEs.
NSIC provides appropriate credit support to the various MSME units for purchase of raw material and started an online Finance Facilitation Centre.
NSIC has also signed MoUs with 33 banks and 14 have agreed to associate with online Finance Facilitation Web Portal.