Difference Between Micro and Small Enterprises

Micro and Small Enterprises

·  Easy finance availability from bank etc Without collateral requirement.

· Protection against delay in payment from buyer & right of interest on delayed payment.

· Preference in providing government tender.

· Stamp duty & octroi benefits.

· Concession in electricity bills.

· Reservation policies to manufacturing/       Production sector output

· Resolution of dispute through arbitration and conciliation act.

· Excise exemption scheme.

· Subsidy on ISO certification.

·;

Medium Enterprises

· Easy finance availability without collateral requirement.

· Preference in providing government tender.

·; arbitration.