Page 23 - Plastics News September 2018

MSME

9. Scale of Financial Assistance
The maximum ceiling of financial assistance to be recommended by the Screening Committee
for one international event to be held abroad is Rs.50.00 lakh. For relaxation of the ceiling, Secretary
(MSME) will be the Competent Authority.

10. Sanctioning authority for financial assistance under the Scheme

A Screening Committee headed by the Joint Secretary (SME) comprising the following as members
will approve the proposals:

1. Joint Secretary in the Ministry of MSME - Chairman

2. One representative from Office of Development - Member
Commissioner, MSME
3. One representative from ARI Division, Ministry of MSME - Member

4. One representative from NSIC - Member
5. One representative from IFW of Ministry of MSME - Member
6. Director (IC/SME), Ministry of MSME - Member (Coordinator)

11. RELEASE OF GRANT

Grants under the Scheme will be released on re-imbursement basis, after the event is over,
on submission of the re-imbursement claim in the proforma (Annexure-VI to X). Claim must be
accompanied with the documents, as prescribed by the Ministry.

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