Question

discuss the government schemes NSIC and DIC​

Answer 1

Answer:

NSIC provides raw material to small scale industries on ease and hire purchases . They helps in exporting their manufactured materials while DIC provides industrial framework to small scale industries at district level hence they also provide services to small scale industries.

What is DIC scheme?

DIC Loan Scheme. The objective of the scheme is to generate employment opportunities including self-employment to tiny units located in towns and rural areas having population of less than 1 lakh and with investment in plant & machinery below ₹ 2 Lakhs.

What is the purpose of NSIC?

NSIC (National Small Industries Corporation) is an ISO certified Indian Government Enterprise under Micro, Small and Medium Enterprises. National Small Industries Corporation is working to aid, foster and promote the growth of MSMEs (micro, small and medium enterprises) all across the country.

Answer 2

NSIC:-

• NSIC provides raw material to small scale industries on ease and hire purchases . They helps in exporting their manufactured materials while DIC provides industrial framework to small scale industries at district level hence they also provide services to small scale industries.

DIC :-

• DIC Loan Scheme. The objective of the scheme is to generate employment opportunities including self-employment to tiny units located in towns and rural areas having population of less than 1 lakh and with investment in plant & machinery below ₹ 2 Lakhs.