finance in msme in west bengal (2) (1)

8/12/2019 Finance in MSME in West Bengal (2) (1)

1/36

0 | P a g e

SETH ANANDRAM JAIPURIA COLLEGE

2013-14

MSME Finance in

West Bengal

Rinky Halder

D E PA R T M E N T O F C O M M E R C E ( M O R N I N G ) R O L LN U M B E R ! " ! #


2/36

PROJECT REPORT

(Submitted fo t!e degee of B"#om $onous in %ccounting &

Finance unde t!e 'niesit) of #alcutta*

T$%i& MSME Finan&e in 'e Ben*al

Submitted B)

+ame of t!e #andidate, in.) $alde

egistation +o, 224-1221-0414-11

+ame of t!e #ollege, Set! %nandam /aiuia #ollege (Moning

S!ift*

#ollege oll +o, 101

Sueised B)

+ame of t!e Sueiso, Ms" Saodi)a utta

+ame of t!e #ollege, Set! %nandam /aiuia #ollege

Mont! & ea of Submission, 2014

1 | P a g e


3/36

A&kn$+led*e,en

5 6ould li.e to ac.no6ledge and t!an. fom t!e deeest otion of m)

!eat to all t!e eole 6!o 6ee al6a)s be!ind me7 6!enee 5 needed

an) !el fo successful comletion of m) o8ect" 9o stat 6it! 6ould li.eto t!an. m) college7 Set! %nandam /aiuia #ollege fo oiding me t!is

ootunit)"

5 6ould li.e to ac.no6ledge t!e follo6ing eole fo t!ei suot and

assistance 6it! t!is o8ect"

Ms" Saodi)a utta7 ofesso of deatment of commece7 S"%"/ #ollege

fo giing me t!is fabulous ootunit) to 6o. on t!is o8ect and fo

guiding me 6!enee 5 needed !e fo suot"

5 6ould also li.e to t!an. t!e di:eent membes of t!e MSME iectoate

of West Bengal and Band!an Financial Seices Pt" ;td fo !eling me

6it! t!e infomation 5 needed" Wit!out t!ei suot 5 6ouldnt be able to

efom as >>>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>>>>>

(Signatue of t!e E?amine* (Signatue of t!e

E?amine*

2 | P a g e


4/36

CONTENTS

#$%P9E 1

1"1 5ntoduction 3

1"2 Bac.gound 4

1"3 ;iteatue eie6 @

1"4 Ab8ectie of t!e Stud)

1" ata and Met!odolog) C

1"@ ;imitations of t!e Stud) D#$%P9E 2

2"1 #oncetual Fame6o. 10

2"2 MSME Finance, 9!e 5ndian Scenaio 11

2"3" MSME Finance, 9!e 5ntenational Scenaio 1

2"4 West Bengal a ne6 ea fo MSME


5/36

C-a%er !

!.!Inr$d/&i$n

Mico7 Small & Medium Enteise in 5ndia eoled aidl) in t!e last

decade" Fom SME t!e eolution to anot!e ne6 efoming secto7 i"e"

MSME !as ceated uite a buGG in 5ndian business scenaio" Ae t!e )eas

t!e ogess of t!e MSME secto scaled a ne6 !eig!t also contibuting to

t!e 5ndian HP" 9!e secto nutues t!e budding enteeneus ceating

emlo)ment fo t!ousands7 t!us ma.ing it an essential secto fo t!e

go6t! of t!e 5ndian econom)" 5n last


6/36

!.0 Ba&k*r$/nd

9!e MSME secto contibutes to t!e go6t! of 5ndian econom) signi


7/36

Finance olic)" Best in t!e class incenties including #aital 5nestment

Subsid)7 5nteest Subsid)7 Waie of Electicit) ut)7 Subsid) on Eneg)

#!ages7 Subsid) fo Emlo)ment Heneation7 Subsid) fo ualit)

5moement and Subsid) on Patent egistation7 and incenties fo

6omen7 minoities7 S#LS9 and Self $el Hou (S$H* enteeneus !aebeen announced in t!e ne6 5ncentie Sc!eme 2013" %lso 6it! t!e

imlementation of #edit Huaantee Fund Sc!eme fo MSME t!e

goenment is t)ing to addess t!e aious


8/36

9!e come!ensie liteatue demonstates t!at MSMEs ae necessa) fo

sustained economic go6t! and deeloment of an) econom) including

5ndia" 9o 8ustif) t!e need of esent stud)7 follo6ing liteatue !as been

eie6ed,

Mali (!442) obseed t!at small and medium enteises (SMEs* and

mico enteises !ae to face inceasing cometition in t!e esent

scenaio of globaliGation7 t!e) !ae to seci


9/36

!.8O7:e&i6e $; -e S/dy

9!e stud) 6ill !ig!lig!t t!e di:eent


10/36

9!e stud) is based on sue) tec!niue and seconda) eseac! data

collected fom aious issues of %nnual eots7 Hoenment 6ebsites7

#iculas b) Minist) and esee Ban. of 5ndia and HaGettes on MSME"9!e stud) consists of anal)sis fom feedbac.s collected" Fo t!e uose

of t!e stud) concened aut!oities !ae been contacted and t!ei ie6s

solicited on di:eent aametes" 9!e met!odolog) adoted includes,

iscussions 6it! t!e concened

%nal)sis of data collected

!.3Li,iai$n $; -e S/dy

D | P a g e


11/36

Since segment 6ise inestos7 #edit facilitatos o #oncened

aut!oities 6ee not aailable oeall concet is ta.en fo t!e stud) 5nfomation is atl) based on seconda) data and !ence t!e

aut!enticit) of t!e stud) can be isualiGed and is measuable ;eel of accuac) of t!e esults of eseac! is esticted to t!e

accuac) leel 6it! 6!ic! t!e customes !ae gien t!ei ans6es

and t!e accuac) leel of t!e ans6es cannot be edicted

C-a%er 0

0.!

C$n&e%/al Fra,e+$rk

10 | P a g e


12/36

0.0MSME Finan&e T-e Indian S&enari$

11 | P a g e


13/36

Mico7 Small7 Medium Enteises (MSME* ae de


14/36

inestments !as been diected to6ads tec!nological deeloments7

esulting in an imoement in olume and ualit)" Poduction in t!e

MSME secto outaced oeall go6t! in industial oduction" Fo

instance7 t!e secto egisteed a go6t! ate of 11" e cent in F11= t!is

is 3"3 ecentage oints (t* !ig!e t!an go6t! in t!e oeall industialsecto"

9!oug! t!is secto s!o6s !uge otentialit) and attacting inestments7

still t!e secto felts t!e esence of funding ga 6!ic! obstucts t!e

go6t! of t!e secto" 5n 20107 t!e Pime Ministe of 5ndia aointed a tas.

foce set u unde t!e c!aimans!i of t!e Pincial Seceta)7 to consideaious issues aised b) MSME associations7 discuss 6it! t!e sta.e!oldes

and c!al. out an action agenda" Ane of t!e .e) issues identi


15/36

9!us aailabilit) of fund at cometitie ates and fom man) souces is an

imotant asect of MSME


16/36

5+ 6it! a ma?imum subsid) of 1 la.! 5+"

PMEHP 9ainingPogamme

Bene


17/36

(#H9MSE* 5+" Wit! egad to loans u to la.! 5+ to mico units7t!e coeage is CI" ;oans guaanteed unde t!e sc!emeca) Geo ecent is. 6eig!t and oision fo t!e lendinginstitution fo t!e guaanteed otion" 9!e sc!eme alsofacilitates lending institutions b) t!e ealuation of t!ecedit oosals on t!e basis of intinsic meits of t!e

o8ects7 at!e t!an meel) on adeuac) of collateals"

esee Ban. of 5ndiaual Planning and#edit eatment

Poiding e


18/36

Fut!emoe7 t!e numbe of MSME accounts need to egiste 10"0 e cent

go6t! annuall)" Some of t!e ma8o foms of MSME


19/36

0.1MSME Finan&e T-e Inernai$nal

S&enari$

9!e 5ntenational ictue of MSME is muc! osie t!an t!e 5ndian scenaio"

Most of t!e Euoean nation7 Sout! East %sian #ounties o t!e 'nited

States


20/36

Some of t!e ecent olicies o tends t!at !ae too. lace fo


21/36

Saudi %abia is setting u ne6 labou 6age olic) 6!ic! is onl) going to

!el t!e MSMEs to go6"

0.8'e Ben*al > a ne+ era ;$r MSME

=nan&e

West Bengal is t!e land of ossibilities" 5t !as got t!e otentialit) to

become t!e leading state in t!e MSME secto" a) b) da) t!e MSMEoductiit) ate is inceasing in West Bengal" %lso t!e Hoenment is

focusing mainl) on t!e deeloment of t!e MSMEs fo t!e futue go6t! of

its industialisation olic)" West Bengal not onl) !as a lage numbe of not

onl) egisteed but also lage numbes in esect of un egisteed MSME

units7 t!at too in aied sectos li.e t!e manufactuing and t!e industies"

ue to t!is aied aoac! and also due to t!e esence of a ic! cultue

and tadition in t!e State it en8o)s a diesi


22/36

West Bengal !as 2@ Public Secto Ban.s7 1C eno6ned Piate Ban.s

ae oeating in t!e State7 3 egional ual Ban.s7 1C #o-oeatie

ban.s and C Foeign Ban.s oeating acoss State

9!e #edit-eosit atio (#* of t!e State is aound @4I7 ceating

!uge otential fo cedit aailabilit) fo industial


23/36

a* Sub8ect to a ceiling of s 0 ;a.! fo Small Enteise"

b* 20I additional subsid) on admissible subsid) fo all enteises 6!oll)

o6ned b) 6omen7 S#LS9 and minoit) communit) enteeneus"

c* 9!ese enteeneus 6ill also get incentie fo setting u of units inRone %& Bas follo6s,

- Mico 'nit 1I

- Small 'nit 10I

d* 9!is incentie 6ould be in addition to 6!at t!e units get fom HA5

unde an) ot!e sc!eme

INTEREST SUBSID@ ON TERM LOAN

Mico & Small Enteise

Q Subention of @I fo all units and " I fo units set u in t!e # and

Rone disticts fo )eas"

Medium Enteise

Q Rone B & # 2I of total 9em ;oan 5nteest sub8ect to ceiling of s"

1"00 ;a.! e )ea fo )eas"

Q Rone 2I of total 9em ;oan 5nteest sub8ect to ceiling of s" 1"00

;a.! e )ea fo )eas"

ELECTRICIT@ DUT@


Q 0I 6aie fo )s fo Rones % & B & I fo Rones # & "

Q 9!e units set u in an) Gone and 6!oll) o6ned b) 6omen7 S#LS9 and

minoit) communit) enteeneus 6ill be eligible fo 100I 6aie fo

)eas

Medium Enteise

Q Rone B & # - 100I 6aie of electicit) on t!e electicit) consumtion

fo )eas sub8ect to ma?imum of s" 2"00 ;a.! e )ea o s" 1"2#oe fo )eas

Q Rone 100I 6aie of electicit) dut) on t!e electicit) consumtion

fo )eas and I 6aie fom t!e si?t! )ea u to tent! )ea sub8ect to

ma?imum of s" 0"00 ;a.! e )ea o s" 2" #oe in )eas

PO'ER SUBSID@


Q Subsid) of s" 1"00 L J6! fo Rone % & B

Q Subsid) of s" 1"0 L J6! fo units in Rone # &

22 | P a g e


24/36

Fo )eas= sub8ect to a ceiling of s 20 ;a.! e annum fo small

enteises and s 30;a.! fo medium enteises"

INCENTI9E FOR ENERG@ EFFICIENC@


Q 0I e-imbusement of t!e cost of eneg) audit undeta.en b) a

ceti


25/36


Q %ssistance u to 0I o s 2 ;a.! ma?imum fo 6ate conseationL

ollution contol measues

CLUSTER DE9ELOPMENT

Q Suot u to s" coe fo common infastuctue suc! as oad7 o6e

etc fo eac! mico and small industial cluste in Rone B and #"

Q Suot u to s" 10 coe fo common infastuctue suc! as oad7

o6e etc fo eac! mico and small industial cluste in Rone

STANDARD UALIT@ COMPLIANCE


Q 0I of cost u to a ma?imum of s" la.! fo obtaining ceti


26/36

C-a%er 1

1.!Band-an

+o67 stating aboe fe6 of t!e incentie olicies and t!e mention of t!e

bodies loo.ing afte MSME


27/36

VV#ig. represents the increasing no. of branches year on year.

VV#ig.

represents

the

increasing

no. of

borro!ers( year on year.

2@ | P a g e


28/36


29/36

BFSP; lends onl) to 6omen clients7 and imail) fo income geneating

uoses" 9!e selection of clients is based on t!ei income leels and

ea)ment caacities" Poo %sset-less 6omen ae de


30/36

Belo6 6e 6ill see a summaised fomat of t!ese ;oan sc!emes and

amount of ;oan disbused in one


31/36

1.1Sa,ridd-i Finan&e ;$r MSME

9!is is an initiatie of mico-


32/36

Band!an b) enlisting !e name in t!e neab) gou XJe)aY and too. a

Suc!ana loan of s" 000 to stengt!en t!ei business" 9!en gaduall)

6it! t!ei !ad e:ots t!e) gaduated to aail S!isti loan and


33/36


34/36

C-a%er #

#.!BIBLIOGRAPH@

1"!tt,LLmsse6b"ogL!tmL!ome"!tml

2.!tt,LLmsse6b"ogL!tmLactiities"!tml

3"!tt,LLmsse6b"ogL!tmLassistance"!tml

4"!tt,LLmsse6b"ogL!tmLmsme"!tml

"!tt,LL666"dcmsme"go"inLssiindiaLmsme>in"!tm

@"!tt,LLdcmsme"go"inLannualbot!"!tml

"!tt,LL666"dcmsme"go"inLBudget&%llocation"!tm

C"!tt,LLdcmsme"go"inLsc!emesLsc!emes>scm"!tm

D"!tt,LL666"dcmsme"go"inLublicationsLublication"!tm

10"!tt,LL666"dcmsme"go"inLssiindiaLmsme>in"!tm

11"!tt,LL666"band!anmf"comL

33 | P a g e
http://mssewb.org/htm/assistance.htmlhttp://mssewb.org/htm/msme.htmlhttp://www.dcmsme.gov.in/ssiindia/msme_in.htmhttp://dcmsme.gov.in/annualboth.htmlhttp://www.dcmsme.gov.in/Budget&Allocation.htmhttp://dcmsme.gov.in/schemes/schemes_scm.htmhttp://www.dcmsme.gov.in/publications/publication.htmhttp://www.dcmsme.gov.in/ssiindia/msme_in.htmhttp://www.bandhanmf.com/http://mssewb.org/htm/assistance.htmlhttp://mssewb.org/htm/msme.htmlhttp://www.dcmsme.gov.in/ssiindia/msme_in.htmhttp://dcmsme.gov.in/annualboth.htmlhttp://www.dcmsme.gov.in/Budget&Allocation.htmhttp://dcmsme.gov.in/schemes/schemes_scm.htmhttp://www.dcmsme.gov.in/publications/publication.htmhttp://www.dcmsme.gov.in/ssiindia/msme_in.htmhttp://www.bandhanmf.com/


35/36

ANNEURE!B

STUDENTS DECLARATION

5 !eeb) declae t!at t!e Po8ect Wo. 6it! t!e title XMSME Finance in

West BengalY submitted b) me fo t!e atial ful


36/36

Place, Jol.ata

ate,

%++ET'E 1%

S'PEK5SAS E#;%%95A+

9!is is to cetif) t!at Ms"in.) $alde a student of B"#om $onous in%ccounting & Finance of Set! %nandam /aiuia #ollege unde t!e

'niesit) of #alcutta !as 6o.ed unde m) sueision and guidance fo

!e o8ect 6o. and !as eaed a o8ect eot titled XMSME Finance in

West BengalY 6!ic! s!e is submitting7 is !e genuine and oiginal 6o. to

t!e best of m) .no6ledge"

Signatue,

Place, Jol.ata +ame, Ms"Saodi)a

utta

ate, esignation,

Pofesso

+ame of #ollege,

Set!

%nandam /aiuia #ollege

finance in msme in west bengal (2) (1)

Documents