Procedure for the distribution of the subsidy
NSIC release the subsidy amount to the concerned rating agency onsubmission of the following documents:1. Rating report assigned by it to Micro and Small Enterprises2. application form duly filled by Micro and Small Enterprises3. 25% fee paid by the unit to rating agency
Where to apply or whom to contact in the office for applying
Micro and Small Enterprises can contact at any of the branch offices of NSICor directly to any one of the rating agencies viz. CRISIL, CARE, ICRA,ONICRA, SMERA, FITCH & BWR empanelled by NSIC for assigning rating toMicro and Small Enterprises
(where applicable)No application fee is required.
75% of the fee charged by the rating agency is subsidized by Ministry ofMSME which is released through NSIC. The balance fee of Rs.25% is beingborne by the Micro and Small Enterprises.
(where applicable. If the application is made on the plain paper please mention italongwith what the applicant should mention in the application.)
Application format enclosed at Annexure-I &I(A)
List of attachments
(certificate / documents)
The list of documents to be enclosed with application form by applicant is enclosed atAnnexure-II
Where to contact in case of process related complaints
The unit can contact any of offices / branches of NSIC or directly any one of therating agency empanelled by NSIC.
Details of the available fund
(at various levels like Districtlevel, block level etc.)
An amount of Rs. 75.00 crore has been provided as Budget Estimates(B.E.) in the budgetary support for the year 2011-12.