A

Micro Project Report

On

GOVERNMENT SCHEME FOR BUSINESS STARTUP

Submitted by
Siddhesh Jagdish Shelar Roll No: 12
Jainul Jignesh Dave Roll No: 01
Shreyash Kiran Dahale Roll No: 08
Ojas Yogesh Joshi Roll No: 57

Under the Guidance of

Prof.A.S.Mutrak

In the Partial Fulfilment of Sixth Semester of Diploma in

Computer Engineering

Department of Computer
Engineering Sandip Polytechnic
Mahiravani, Nashik - 422213

Affiliated to

Maharashtra State
Board of Technical Education

Academic Year 2020-21

 Maharashtra State
Board of Technical Education

Certificate

This is to certify that Mr. Siddhesh Jagdish Shelar. with Roll No-12 has successfully completed Micro-
project in course “Computer Engineering ” for the academic year 2020-21 as prescribed in the 'Assessment
Manual' during his/her tenure of completing Sixth Semester of Diploma Program in Computer Engineering
from institute, Sandip Polytechnic with institute code 1167.

Place: Nashik Enrollment No: 1711670171

Date: Exam Seat No:

Course Teacher Head of the Department Head of the Institute

 Maharashtra State
Board of Technical Education

Certificate

This is to certify that Mr. Jainul Jignesh Dave with Roll No-01 has successfully completed Micro-project in
course “Computer Engineering ” for the academic year 2020-21 as prescribed in the 'Assessment Manual'
during his/her tenure of completing Sixth Semester of Diploma Program in Computer Engineering from
institute, Sandip Polytechnic with institute code 1167.

Place: Nashik Enrollment No: :1711670120

Date: Exam Seat No:

Course Teacher Head of the Department Head of the Institute

 Maharashtra State
Board of Technical Education

Certificate

This is to certify that Mr. Shreyash Kiran Dahale . with Roll No-08 has successfully completed Micro-
project in course “Computer Engineering ” for the academic year 2020-21 as prescribed in the 'Assessment
Manual' during his/her tenure of completing Sixth Semester of Diploma Program in Computer Engineering
from institute, Sandip Polytechnic with institute code 1167.

Place: Nashik Enrollment No: 1711670155

Date: Exam Seat No:

Course Teacher Head of the Department Head of the Institute

 Maharashtra State
Board of Technical Education

Certificate

This is to certify that Mr. Ojas Yogesh Joshi. with Roll No-57 has successfully completed Micro- project in
course “Computer Engineering ” for the academic year 2020-21 as prescribed in the 'Assessment Manual'
during his/her tenure of completing Sixth Semester of Diploma Program in Computer Engineering from
institute, Sandip Polytechnic with institute code 1167.

Place: Nashik Enrollment No: 1811670507

Date: Exam Seat No:

Course Teacher Head of the Department Head of the Institute

 Annexure – I

Micro Project Proposal

Aims/Benefits of the Micro-Project:

These startup schemes have been introduced over a period of time and many of these were
introduced before the launch of Startup India plan. India’s first five-year plan government started
various schemes for poverty reduction programmer. Because of the government schemes poverty ratio
of India are reduced. Government spent so much money for below poverty line families but government
does not achieve the expected target. Poverty exists not only in India but its presence is worldwide.
Poverty is focused as a hurdle into development. Poverty creates economics as well as social problems
that harm the society at large. In order to increase in self-employment, Integrated Rural Development
Programmer, Janani Surekha Yojana, Balika Samruthi Yojana, Allowance for presence in the schools
for marginalised, SCs and STs students, Suvarn Jayanti Gram Swayam Rojgar Yojana, Indira Awas
Yojana, different types of scheme are implemented by the Govt.

Course Outcomes Addressed:

1. Identify your entrepreneurial traits.
2. Identify the business opportunities that suits you.
3. Use the support systems to zero down to your business idea.
4. Develop comprehensive business plans.
5. Prepare plans to manage the entreprise effectively.
 1. TYPES OF GOVERNMENT SCHEME FOR BUSINESS
STARTUP

o MSME government business loan scheme

o MUDRA business loan

o Credit guarantee fund government business loan scheme

o National Small Industries Corporation Subsidy

o Credit Link Capital Subsidy Scheme

o PSB Loans etc.

 1. GOVERNMENT BUSINESS LOAN SCHEMES

1. MSME government business loan scheme:

The Indian Government launched the MSME business loan scheme as a working capital loan. As an
MSME, you can get a loan sanction of up to Rs.1 crore within just 59 minutes. The best part is you get
this loan at 8% rate of interest, keeping the repayment easy on your pocket. A reservation of 3% is
available for women entrepreneurs, so as to offer a quick sanction to the increasing number of women
helming their own business today.
When applying for the loan, follow these basic steps:
- Enter your business’s GST Identification Number
- Upload the income tax returns for your business in XML format
- Upload the bank statements of your business account for the last six months in PDF format.
- Enter the director/owner’s details for your business. This will include all details related to
personal, educational, and ownership criteria.
- Submit the application to enjoy an on-principle sanction within 59 minutes!

2. MUDRA business loan:\

Established by the current government, Micro Units Development and Refinance Agency (MUDRA)
has envisioned the idea of ‘funding the unfunded’ and put it into action with a funding scheme. Small
business entities and start-ups are given financial support in the form of low-cost credit. MUDRA Loans
are financed through public and private sector banks, co-operative societies, small banks, scheduled
commercial banks, and rural banks.
Broadly, any MSME operating in the manufacturing, trading and services sector is eligible for
the MUDRA loans. Your firm can avail funds via the government business loan scheme under three
subheads.
- Sishu Loans up to Rs.50,000
- Kishor Loans up to Rs.5,00,000
- Tarun Loans up to Rs.10,00,000
To facilitate easy funding, the government has recently introduced the MUDRA Card. This innovative
product provides a working capital facility as a cash credit arrangement. This card is given to you as a
debit card against your MUDRA loan account. Based on your sanction, you can withdraw funds from
your MUDRA loan account multiple times. Until and unless you use a portion of the sanction, you will
not be charged interest on it. You can use your MUDRA card for POS purchases or to withdraw cash
from any ATM across the country.

3. Credit guarantee fund government business loan scheme:

CGTMSE has been in action for 18 years now. Since its inception, the Credit Guarantee Fund Trust for
Micro and Small Enterprises has been facilitating collateral-free loans for MSEs. Any scheduled
commercial bank and regional rural bank can become a part of the scheme by empaneling itself as a
lending authority. The agency sanctions loans to eligible Micro and Small Enterprises basis their credit
standing via the lending agencies in question.
The scheme provides working capital loans up to Rs.10 lakh and has provisions for bigger sanctions as
well. However, to get approval for an amount exceeding Rs.10 lakh, you will need to mortgage your
business assets and land.

4. National Small Industries Corporation Subsidy:

Established in 1955, NSIC offers MSMEs two kinds of funding benefits: raw material assistance and
marketing assistance. Any business qualifying as a micro and small enterprise having EM Part-II
(Optional)/ Udyog Aadhaar Memorandum (UAM) is eligible to register for this government business
loan scheme under its Single Point Registration Scheme (SPRS).
Once you qualify, you can opt for the raw material assistance scheme, where funding for both
indigenous and imported raw material is covered. Under the marketing support, you can avail funds and
use it to enhance your competitiveness and the market value of your offerings. The NSIC also overlooks
the functioning of an MSME and supports it in its endeavor to enrich production and quality.
5. Credit Link Capital Subsidy Scheme:

This government business loan scheme funds technological upgradations. Under the varied facets of the
scheme, you can access finance to enhance your technology and equipment. You can use the funds from
your sanction to undertake a revamp related to numerous processes for your business, like supply chain
manufacturing, marketing, and supply chain.
Through this scheme, the government plans to reduce the production cost borne for creating and
providing goods and services by small and medium enterprises. This will pave the way for a more
competitive local and international market ecosystem.
Under this scheme, you can get an upfront 15% capital subsidy for your business. However, the
maximum amount you can avail as subsidy is capped at Rs.15 lakh. In order to be eligible for a loan
under this scheme, you need to apply as a sole proprietorship business, partnership firm, and co-
operative or private and public limited company.

6. PSB Loans:
On Nov 5, 2018, our Prime Minister, unveiled a dedicated digital platform to enable loans of up to Rs. 5
crore in just 59 minutes. The government launched this business loan scheme to provide financial
assistance to the Micro, Small and Medium Enterprises (MSMEs) throughout India. Some of the great
features about this facility are:
Fast access to financial assistance: Usually such loan processes take about 7-10 working days to
complete. However, the loan approval process takes in just 59 minutes
Loan amount: The loan amount offered under this loan will be between Rs. 1 Lakh and maximum is up
to Rs. 5 crore
Rate of interest: The rate of interest offered under this scheme is 8.5% onwards
Quick disbursal: After the loan gets approved in an hour, you can expect the money to reach in your
bank account in 7-8 working days
Collateral-free: To avail the loan, collateral is not mandatory as the online portal is directly linked to
the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme
 2. REQUIRD DOCUMENT & ELIGIBILITY

o Documents Required to Government Loan Schemes:

The documents required for these government schemes may vary from one scheme to another. a few
common documents:

 Passport-sized photographs.
 Business plan.
 Identity, Age, Address and Income Proofs.
 GST Identification number.
 Details of income tax paid over the last 3 to 5 years.
 Bank statements of last 6 months.
 Business address proof.
 ITR returns for last 2 years.
 Details of the type of loan that you want.
 List of company Directors or partners of the company/partnership firm.
 E-KYC: All the documents that the applicant would use to apply for E-KYC are needed here, as
well.

 Government Business Loans: Eligibility Criteria:

The factors of eligibility criteria involve the following:

 Age of the applicant

 Loan amount
 Type of Business
 Credit Score
 Annual Turnover
 Capital Invested

Government loans are offered to individuals, start-up enterprises, sole proprietorship, and partnership
firms, business owners, SMEs, MSMEs, private limited companies, large enterprises, etc. The minimum
age criterion to apply for a government business loan is 18 years. For the existing businesses the
minimum business existence to apply for a loan is 2 years. Minimum credit score to be above 650
required by loan schemes to sanction loan.

 Steps to Register with the Loan Schemes:

Step 1: Go to the desired bank’s official online portal associated with the scheme

Step 2: Register on the portal and log in through the One-Time Password (OTP) authentication

Step 3: Agree to the terms and conditions of the Government loan scheme

Step 4: Enter your financial credentials and other information required

Step 5: Proceed further and continue with filling the forms and uploading the required documents
 3. CONCLUSION
There are small business grants are awarded to help launch a start up or new business, with the
aim to generate jobs and stimulate the economy. To be successful in sustainable business
practices often requires entrepreneurship and innovation. This chapter provides an overview of
entrepreneurship and innovation as it relates to sustainable business. The discussion is most
relevant to sustainable businesses focused on offering new products and services in response to
societal concerns. The importance of entrepreneurship and innovation also applies to companies
that change how they produce products and services. The latter companies can use innovative
practices and entrepreneurship to establish their brand name and to be market leaders in doing
things that create shared value for society and their companies and also, over time, contribute to
changes in practices in their industry.
 WEEKLY PROGRESS REPORT

MICRO PROJECT

SR.NO. WEEK ACTIVITY PERFORMED SIGN OF DATE

GUIDE

1. 1st Discussion and finalization of topic

2. 2nd Preparation and submission of Abstract

3. 3rd Collection of Data

4. 4th Discussion and outline of Content

5. 5th Formulation of Content

6. 6th Editing and proof Reading of Content

7. 7th Compilation of Report and Presentation

8. 8th Seminar / Viva voce

9. 9th Final submission of Micro Project

5.0 Resources Required:

Sr
Name of Resource/Material Specification Qty. Remarks
No
Desktop with Intel Core 2 Duo 2.93 -
1 Hardware Resource 1
GHz, RAM 2GB, HDD 160 GB
2 Software Resource - - -
3 Any Other Resource Internet - -

Name of Team Members with Roll No:

Roll No Name of Team Members

Siddhesh Jagdish Shelar
12
Jainul Jignesh Dave
01
Shreyash Kiran Dahale
08
Ojas Yogesh Joshi
57

Prof A.S.Mutrak
Name & Signature of Course Teacher
 Annexure – IV

Micro Project Evaluation Sheet

Name of Student: Siddhesh Jagdish Shelar Enrollment No: 1711670171
Name of Program : Computer Engineering Semester: VI

Course Title: Entrepreneurship Development Course Code: 22032

Title of Micro Project: GOVERNMENT SCHEME FOR BUSINESS STARTUP

Learning Outcomes Achieved:

1. Identify your entrepreneurial traits.
2. Identify the business opportunities that suits you.
3. Use the support systems to zero down to your business idea.
4. Develop comprehensive business plans.
5. Prepare plans to manage the entreprise effectively.
Poor Average Good Excellent
Sr Sub
Characteristic to be Assessed Marks Marks Marks Marks
No Total
(1-3) (4-5) (6-8) (9-10)
(A) Process and Product Assessment (6 Marks)
1 Relevance to the Course
2 Literature Review/Information C-ollection
3 Completion of the Target as per Project Proposal
4 Analysis of Data & Representation
5 Quality of Prototype/Model
6 Report Preparation
(B) Individual Presentation/Viva (4 Marks)
7 Presentation
8 Viva

(A) (B)
Total Marks
Process and Product Assessment Individual
(10 Marks)
(6 Marks) Presentation/Viva (4 Marks)

Comments/Suggestions about Teamwork/Leadership/Inter-personal Communication (if

any)
…………………………………..……………………………………………………………………………
Name & Designation of Course Teacher: Prof. A.S.Mutrak, Lecturer
Dated Signature:
 Annexure – IV

Micro Project Evaluation Sheet

Name of Student: Jainual Jignesh Dave Enrollment No: 1611670124
Name of Program : Computer Engineering Semester: VI
Course Title: Entrepreneurship Development Course Code: 22032
Title of Micro Project: GOVERNMENT SCHEME FOR BUSINESS STARTUP

Learning Outcomes Achieved:

1. Identify your entrepreneurial traits.
2. Identify the business opportunities that suits you.
3. Use the support systems to zero down to your business idea.
4. Develop comprehensive business plans.
5. Prepare plans to manage the entreprise effectively.
Poor Average Good Excellent
Sr Sub
Characteristic to be Assessed Marks Marks Marks Marks
No Total
(1-3) (4-5) (6-8) (9-10)
(A) Process and Product Assessment (6 Marks)
1 Relevance to the Course
2 Literature Review/Information Collection
3 Completion of the Target as per Project Proposal
4 Analysis of Data & Representation
5 Quality of Prototype/Model
6 Report Preparation
(B) Individual Presentation/Viva (4 Marks)
7 Presentation
8 Viva

(A) (B)
Total Marks
Process and Product Assessment Individual
(10 Marks)
(6 Marks) Presentation/Viva (4 Marks)

Comments/Suggestions about Teamwork/Leadership/Inter-personal Communication (if

any)
…………………………………..……………………………………………………………………………
Name & Designation of Course Teacher: Prof. A.S.Mutrak, Lecturer
Dated Signature:
 Annexure – IV

Micro Project Evaluation Sheet

Name of Student: Shreyash Kiran Dahale Enrollment No: 1711670155

Name of Program : Computer Engineering Semester: VI

Course Title: Entrepreneurship Development Course Code:22032
Title of Micro Project: GOVERNMENT SCHEME FOR BUSINESS STARTUP

Learning Outcomes Achieved:

1. Identify your entrepreneurial traits.
2. Identify the business opportunities that suits you.
3. Use the support systems to zero down to your business idea.
4. Develop comprehensive business plans.
5. Prepare plans to manage the entreprise effectively.
Poor Average Good Excellent
Sr Sub
Characteristic to be Assessed Marks Marks Marks Marks
No Total
(1-3) (4-5) (6-8) (9-10)
(A) Process and Product Assessment (6 Marks)
1 Relevance to the Course
2 Literature Review/Information Collection
3 Completion of the Target as per Project Proposal
4 Analysis of Data & Representation
5 Quality of Prototype/Model
6 Report Preparation
(B) Individual Presentation/Viva (4 Marks)
7 Presentation
8 Viva

(A) (B)
Total Marks
Process and Product Assessment Individual
(10 Marks)
(6 Marks) Presentation/Viva (4 Marks)

Comments/Suggestions about Teamwork/Leadership/Inter-personal Communication (if

any)
…………………………………..……………………………………………………………………………
Name & Designation of Course Teacher: Prof.A.S.Mutrak, Lecturer
Dated Signature:
 Annexure – IV

Micro Project Evaluation Sheet

Name of Student: Ojas Yogesh Joshi Enrollment No: 1811670507

Name of Program : Computer Engineering Semester: VI

Course Title: Entrepreneurship Development Course Code: 22032
Title of Micro Project: GOVERNMENT SCHEME FOR BUSINESS STARTUP

Learning Outcomes Achieved:

1. Identify your entrepreneurial traits.
2. Identify the business opportunities that suits you.
3. Use the support systems to zero down to your business idea.
4. Develop comprehensive business plans.
5. Prepare plans to manage the entreprise effectively.
Poor Average Good Excellent
Sr Sub
Characteristic to be Assessed Marks Marks Marks Marks
No Total
(1-3) (4-5) (6-8) (9-10)
(A) Process and Product Assessment (6 Marks)
1 Relevance to the Course
2 Literature Review/Information Collection
3 Completion of the Target as per Project Proposal
4 Analysis of Data & Representation
5 Quality of Prototype/Model
6 Report Preparation
(B) Individual Presentation/Viva (4 Marks)
7 Presentation
8 Viva

(A) (B)
Total Marks
Process and Product Assessment Individual
(10 Marks)
(6 Marks) Presentation/Viva (4 Marks)

Comments/Suggestions about Teamwork/Leadership/Inter-personal Communication (if

any)
…………………………………..……………………………………………………………………………
Name & Designation of Course Teacher: Prof. A.S.Mutrak, Lecturer
Dated Signature: