Business and Industries

Entrepreneurs Memorandum (Part 1)

Overview:

To facilitating the promotion and development and also enhancing the competitiveness of micro, small and medium enterprises the Micro, Small medium Enterprises Act, 2006 was enacted. According to the Act any person intended to set up Manufacturing or Service enterprises may file Memorandum at its discretion. Definition of enterprises under the Act is as follows:

(i) Micro Enterprise

Manufacturing: Where the investment in Plant &machinery does not exceed Rs.25 lakh.

Entrepreneurs Memorandum (Part 2)

Overview:

To facilitating the promotion and development and also enhancing the competitiveness of micro, small and medium enterprises the Micro, Small medium Enterprises Act, 2006 was enacted. According to the Act any person intended to set up Manufacturing or Service enterprises may file Memorandum at his discretion. Definition of enterprises under the Act is as follows:

(i) Micro Enterprise:

Manufacturing : Where the investment in Plant & machinery does not exceed Rs.25 lakh