MSMEs, the backbone of the Indian economy, has immensely impacted the socio-economic development of the nation. Recently the government of India launched the “Digital MSME Scheme”, to digitally empower the MSMEs.
Eazy ERP, with a legacy of ten years in the IT domain, is one of India’s leading software Providers to have been empanelled under the Digital MSME Scheme. ERP on subsidised rates will help the MSE to grow and expand their business nationally and internationally with minimal investment.
1. Game Changer for MSMEs
The MSME sector has proven to be a game changer for the Indian economy. Despite its apparent success in the last couple of years, MSMEs are facing a lot of challenges. Therefore there is an ardent need for MSMEs to improve their competitiveness by employing various measures.
Information and Communication’s Technology (ICT) has become a key enabler for competitiveness and is one of the most important factors to catalyze the growth of businesses, especially for MSMEs. Though the MSMEs understand the importance of ICT, yet they are hesitant to invest on ICT considering the cost involved in setting up an IT hardware system. Thus, the government, realizing the importance and cost-effectiveness of cloud computing, launched the “Digital MSME Scheme” with a vision to benefit large number of MSMEs in terms of standardizing their business processes, improving delivery time, improving the quality of production and reduction in inventory cost through cloud computing by reducing the burden of investment in IT hardware/software.
2. Lower Investment on IT
Cloud computing is free from the burden of investment on hardware/software and infrastructural facilities.
3. Pay as you use model
The scheme is designed in a way that the MSMEs does not have to invest upfront and they can pay for the services they are using no additional cost is involved and the complete process is transparent for the users.
4. Data security
The major concern of the MSMEs is data security as they are not aware if the data is secure or not in the cloud platform. The scheme ensures that the data is secured and there is no misuse of the data anywhere in the process of availing the scheme. It also ensures that hardware failures do not result in data loss and complete backup is provided to the MSMEs.
5. Eazy to avail the scheme
To avail the scheme an enterprise must first qualify as a Micro, Small Enterprise (MSE). The parameter to qualify for the scheme for MSE, the investments in plant and machinery should not exceed five crore rupees.
- MSEs with a valid UAM number will only be entitled to avail the “Digital MSME Scheme”.
- All the processes to avail the scheme will be done online. No physical documentation will be required; hence the user will be able to avail the scheme hassle free.
6. Subsidy benefits
To make the attract the large pool of MSMEs, Govt is offering subsidy under the scheme to encourage MSEs to use Cloud Computing for ICT applications. There is a provision of Subsidy of 60% with a cap of Rs 1 lakh over 2 years.
7. No Physical Documentation
You don’t need to fill the piles of documentation for availing the scheme just register your UAM and you are good to go.
8. Updated software
You will get the updated software under the scheme and its free of maintenance from your ERP provider.
How can we help you?
Eazy ERP with 10 years of Industry experience has been serving MSMEs to scale up their business growth for almost a decade. Over the years we have been able to bring on board 200+ clients, viz, MDH, Kamdhenu, Bicano, Shell India, to name a few. To be in-line with the latest trends we have introduced our ERP services on cloud. Our close association with MSMEs gives us an upper hand over other cloud service providers empanelled under the scheme
We have employed various measures to foster upon the vision of encouraging
MSMEs towards ICT.
- Various initiative taken to make thousands of MSMEs aware about the “Digital MSME Scheme”.
- We have a dedicated cell to guide the MSMEs avail the subsidy of the scheme.
- We are establishing relations and correlating with associations and their members to cull in the maximum number of MSMEs to adapt to ICT.
- We are conducting workshops to demonstrate the features, functionalities, and benefits of the scheme to MSMEs.
- Products and services offered under the scheme are ERP & CRMEazy ERP has always worked upon developing and scaling up the MSMEs and will continue to do so in the near future.
Contact us or learn more about our business management solutions. Visit us to know more about Digital MSME Scheme