The MSMED Act requires registration for MSMEs to receive benefits from central, state, and banking sectors.
Subsidies
The MSME sector is given a number of incentives and subsidies by the Indian government.
Financial Support
The government offers financial assistance to registered entities for participating in foreign expos to showcase their products.
Govt. Tenders
MSME's are granted exemptions and preference in the allocation of government tenders.
Reservation
MSME exclusively manufactures various products that can only be procured from them.