Question

Describe the functions of district industries centre?

Answer 1

Answer:

District Industries Centers (DICs) provide full assistance to the entrepreneurs who are going to start the business on their own and in their regional places. These centers provide service and support to small entrepreneurs under a single roof at both pre and post investments.

Answer 2

District industries center:

• Under the direction of the Ministry of Social Justice and Empowerment, the District Industry Center (DIC) of the Directorate of Industries and Commerce offers a subsidized loan scheme for young professionals.

The following are some of DIC's most important functions:

• Credit facilities, machinery, and equipment arrangements.
• Industrial cluster development and growth.
• Identifying appropriate schemes.
• New entrepreneurs should be recognized and financially supported.
• Reporting on feasibility is a job that requires a lot of time and effort.
• Providing financial assistance to small businesses.
• Supplying the raw materials.