Performance and Credit Rating Scheme for Micro & Small Enterprises

The Ministry of Micro, Small and Medium Enterprises has launched the Performance & Credit Rating Scheme (PCR) to enable Micro & Small Enterprises to ascertain the strengths and weaknesses of the existing operations and to take corrective measures to enhance the organizational strength. Under this scheme, the rating of MSE is being carried out through empanelled rating agencies. The rating makes credit available at attractive interest rates and will ensure better productivity of the unit. As part of this scheme, based on the turnover of the MSE, the Rating Agency charges will be reimbursed by the Ministry of SSI. Know more about the Credit Rating Benefits

Objective

The key objective of the Performance and Credit Rating Scheme is to provide a third-party opinion on the creditworthiness and capabilities of the Micro & Small Enterprises (MSE)

To create awareness amongst the Micro and small enterprises ((MSE) about the strengths and weaknesses of the unit

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