Question

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GD. AfTERNOON

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⏩ EXPLAIN NSIC AND IT'S. FEATURE ❓

Answer 1

NSIC's Raw Material Assistance Scheme aims at helping Small Enterprises by way of financing the purchase of Raw Material (both indigenous & imported). The salientfeatures are: ... Bulk purchase of basic raw materials at competitive rates.NSIC facilitates import of scares raw materials.

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Answer 2

Heya user✨✨

The National Small Industries Corporation Limited was set up in 1955 as a central government undertaking. It is observed that the main constraint faced by entrepreneur is the shortage of fund to purchase machinery and equipment . Non-stop availability of Finance deprived many new entrepreneurs from availing entrepreneurial and opportunities .NSIC is established to Cater to this need of entrepreneur .


FEATURE Of NSIC. ✨✨

>Provide indigenous and imported machinery on hire purchase basis .

>Provide various equipment on lease basis .

>Provide scarce raw material .

>Undertake construction of Industrial estate .

>Provide advisory services .