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⏩ EXPLAIN NSIC AND IT'S. FEATURE ❓
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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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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 .
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 .
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