|Scheme for 'providing financial assistance for performance and credit rating under PCR Scheme|
|Related Scheme||Performance and Credit Rating Scheme for Micro and Small Enterprises|
|Description||The objective of the Scheme is to create awareness amongst micro & small enterprises about the strengths and weaknesses of their operations and also their credit worthiness. The Scheme is implemented by National Small Industries Corporation (NSIC) and Rating under the scheme is being carried out through empanelled rating agencies i.e. CRISIL, ONICRA, ICRA, SMERA, Brickwork, India Ratings (earlier known as FITCH) and CARE. The enterprises are at liberty to select any of the rating agencies empanelled with NSIC.|
|Nature of assistance||
|Who can apply?||Any enterprise registered in India as a micro or small enterprise is eligible to apply|
|How to apply?||
The micro and small enterprises shall be at liberty to select any of the approved rating agencies empanelled under the rating scheme. The rating agency chosen by the unit shall be mentioned in its request for obtaining the rating.
The application forms will also be made available at the website of Ministry of MSME, NSIC, Office of Development Commissioner, MSME, Coir Board, KVIC and the Rating Agencies. Interested MSME Associations will also be requested to make available the Application. Form from their website. The MSE unit willing to get rated under the Scheme can download the application from any of these website or obtain a copy of the application from any of the offices of the above agency. Any MSE unit wishing to apply for rating will have to fill up the prescribed application form and submit the same to the rating agency chosen by it and as well upload the same on the website www.msmedatabank.in.