After completing MBA, Niya wish to start her business in IT industry in a small district in Orissa. She is facing lots of problems in getting land, Licence etc In the above context, suggest her what incentives are available to her by government of India.
Answers
Answer:
the Government of india provides a number if incentives to the small -scale industries (SSIs) in india for the industrial development of rural , backward areas .
(i) availity of land at concessional rates
(ii) supply of power at a concessional rate of 50 %
(iii) Supply of water on no profit no loss basis or with 50% consession
(iv) Loans at consessional rates .
( B) Two instituations set up by the GOvernment of india to promote small-scaleindustries in rural india are :
(i) National small industries COrporation (NSIC):- this was set up in 1955 to promote , aid and foster the growth of small business units in india .it supplies indigenous and imported machines and raw materials to SSIs on easy Hire -purchase schemes It exports the products of SSIs . it provides techology to SSIs and creates awareness in technological upgradation .
(ii) District Centres (DICs):- they provide and integrated administrative framework at the district level they provide all the services and support facilites to the entrepreneurs for setting up small and village industries.
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