Assam Procurement Preference Policy, 2021
The Assam Procurement Preference Policy, 2021 mandates state departments and public sector undertakings to procure a minimum of 25% of their annual requirements from local Micro and Small Enterprises (MSEs) and Startups. It provides a 20% margin of purchase preference to eligible local units matching the L1 price, alongside substantial tender fee and security deposit concessions for registered startups.
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Related schemes
All schemes →Stand Up India Scheme
The Stand Up India Scheme facilitates bank loans between ₹10 lakh and ₹1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch. It targets greenfield enterprises in manufacturing, services, trading, and activities allied to agriculture, offering capped interest rates and reduced margin money requirements.
Procurement and Marketing Support (PMS) Scheme
The Procurement and Marketing Support (PMS) Scheme is a central government initiative designed to enhance the marketability of products and services of Micro and Small Enterprises (MSEs). It offers substantial financial assistance for participating in domestic trade fairs, adopting bar codes, onboarding onto e-commerce platforms, and developing retail outlets for Geographical Indication (GI) products. The scheme provides up to 100% space rent subsidies for special category units and infrastructure grants of up to Rs. 30 lakhs for retail outlets.
MSE Green Investment and Financing for Transformation (MSE-GIFT)
The MSE Green Investment and Financing for Transformation (MSE-GIFT) scheme, launched by the Ministry of MSME and implemented by SIDBI, supports Micro and Small Enterprises in adopting green and energy-efficient technologies. It offers a 2% per annum interest subvention on term loans up to ₹200 lakhs for up to 5 years, alongside a Risk Sharing Facility providing up to 85% credit guarantee coverage. The scheme has a total outlay of ₹47,800 lakhs and is active until March 31, 2026.