Objective of Digital MSME

• To encourage the MSME sector towards Cloud Computing for ICT adoption in their business process and production.
• To improve the quality of commodities, business and services and increase the number of MSMEs
• To increase productivity, cost-effectiveness and revenue of the enterprise through the Cloud platform.
• To decrease cost in infrastructure and software programs and delivery time cycle.
• To help the MSME sector connect with Technology centres for better support and updates from the government.

The office of MSME, Government of India (GOI), has defined a methodology for this scheme. GOI has already identified various Implementing Agencies (IA) and the Tele Communications India Limited (TCIL, GOI) which will organise and implement this scheme to the MSMEs. GOI has allocated funds to set up various Implementing Agencies (IA) across the county. The expenses related to IT infrastructure would cover up to Rs.10 lakh per IA.

Eligibility

1.     Udyog Aadhar

2.     MSEs should be able to pay the full amount to the service providers

3.     MSE will be selected by First come first serve basis

4.     Other factors:

o   Financial soundness

o   Product range

o   Export

o   Scope of Expansion

o   Turn over

The MSEs who needs funding assistance has to apply through http://digitalmsme.gov.in/ICT/MSME_Status.aspx. MSEs has to pay the full amount to the service providers. The subsidy will be disbursed through the Direct Benefit Transfer (DBT) route. The office of MSME, GOI will transfer funds to TCIL who in turn will transfer to the account of MSMEs. The implementing agency will provide the details of MSMEs with user charges, subsidy details to the Office of MSME, GOI on a monthly basis.

Initially, the following services are available for MSMEs through various service providers:

• ERP
• Accounting
• Manufacturing Design
• Regulatory compliance including GST

Key Benefits

•To make MSMEs digitally empowered and motivate them to adopt Information Communication Technology (ICT) tools and application in their production and business process

Scheme applicable for

All MSMEs registered under MSME Act 2006 as amended from time to time and also MSMEs which are included as per executive orders issued by Office of DC (MSME) consistent with MSME Act from time to time.