Business Studies, asked by bajajvinod221, 3 months ago

discuss the function of national Small industries corporation

Answers

Answered by Braɪnlyємρєяσя
11

Explanation:

National Small Industries Corporation is working to aid, foster and promote the growth of MSMEs (micro, small and medium enterprises) all across the country. NSIC operates all across the nation through a network of Technical Centres and offices.

Answered by Anonymous
4

Answer:

National Small Industries Corporation is working to aid, foster and promote the growth of MSMEs (micro, small and medium enterprises) all across the country. NSIC operates all across the nation through a network of Technical Centres and offices

Availability of credit at attractive interest rates

A trusted, independent third party opinion on credit-worthiness and capabilities of Micro and Small Enterprises

Prompt sanctions of Credit from Banks and Financial Institutions

Recognition in global trade

Facilitate buyers/vendors in capacity and capability assessment of MSMEs

Subsidized rating fee structure for Micro and Small Enterprises

Enable MSMEs to ascertain the strengths and weaknesses of their existing operations and take corrective measures.

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