3. As a first step for supporting and nurturing the growth of MSMEs, the Government
of Andhra Pradesh has decided to support and monitor the implementation of One Time
Restructuring (OTR) of MSME loans scheme under an umbrella program Dr. Y.S.R
Navodayam which creates a new ecosystem for MSMEs ensuring that all
the eligible MSME units are covered for one time Restructuring of accounts upto
31-03-2020.
4. Special DCCs (District Coordination Committee) and special DIPCs (District Industries
Promotion Committee) shall be conducted in all the districts.
5. Formation of District Level Committee: The District Level Committees shall be
formed in all the Districts with the following members: i. Chairman: District Collector
ii. Convener: Lead District Manager (LDM) iii. Co-convener: General Manager/Joint
Director, DIC concerned iv. Controlling Authorities of Banks & NBFCs operating in
the Districts. District level committee shall meet once in every month to monitor
for the effective implementation to cover all the eligible units under this scheme.
6. Constitution of District Cell under the General Manager, District Industries
Centre, Lead District Manager and representatives of all operating Banks and NBFCs
in the district, industry associations. (who are members of the DIPC in the district).
a. The members of District Cell shall meet at least once in a month. b. Key functions
of District Cell will be awareness creation, daily coordination, monitoring of the
progress and provide all necessary support to the entrepreneurs for accessing the
scheme. c. District Cell will also obtain the branch wise and bank wise eligible
units / accounts in the district and focus on One Time Restructuring (OTR) duly
designating two days of a week (Wednesday and Friday) for this important purpose
till all the eligible accounts are restructured. d. The MSME cells in the DICs,
through the IPOs/ADs/DDs shall provide handholding support to all the restructured
units for a period of 9 months to stabilize the accounts by giving all necessary
support.
7. The Government have decided to provide support by reimbursing 50% (not exceeding
Rs.2,00,000/- (Two Lakhs) per account) of the auditor’s fee for preparation of Techno
Economic Viability (TEV) report, wherever such report is applicable, for the cases
restructured by the banks under OTR. The Commissioner of Industries, GoAP, Vijayawada
is requested to provide additional guidelines in consultation with the SLBC, Andhra
Pradesh, w.r.t. fixing the range of the amount payable as auditor's fee for preparation
of the Techno Economic Viability Report by duly prescribing rational & appropriate
criteria, so that there is no scope for any discrepancy