A Provisional registration Certificate(PRC) has to be obtained for production of any item that does not require industrial license. Units employing less than 50/100 workers with / without power can apply for registration. PRC is valid for 5 years. If entrepreneur is unable to set a unit in that period, he can apply afresh after then end of 5 years. Once the unit commences production, it has to apply for permanenet registration.PRC is given for pre - operative period and enables the unit to obtain term loan / working capital from Banks & Financial Institutions under priority sector lending. Units can also obtain facilities of accomodation , land approvals etc. Also eligible for various exemptions , tariff subsidies and other incentives.
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