You seek loan from the State Industrial Development Corporation, Ahmadabad. Draft a proposal to be sent to the Director, SIDC, Ahmedabad, citing the necessary details.
Answers
Answer:
Explanation:
Recently, Ministry of MSME has started operating a special scheme
for women and has special dispensation for women in its two major
schemes. Under the TREAD scheme, Government grant up to 30% of the
total project cost is extended as appraised by lending institutions which
would finance the remaining 70% as loan Assistance to applicant women,
who have no easy access to credit from banks due to their cumbersome
procedures and the inability of poor & usually semi-literate women to
provide adequate security demanded by banks in the form of collaterals.
GOI grant and the loan portion from the lending agencies to assist such
women is routed through eligible NGOs engaged in assisting poor women
through any kind of income generating activities in nonfarm sector. Under
the MSE Cluster Development Programme run by Ministry of MSME, the
general contribution from the Ministry of MSME stands at 60% of the total
project cost in case of hard intervention, but in the case of clusters, at least
50% of which are owned and managed by women entrepreneurs,
contribution of the M/o MSME could be up to 90% of the project cost.
Similarly, under the Credit Guarantee Fund Scheme for Micro and Small
Enterprises, the guarantee cover is generally available up to 75% of the
loans extended; however the extent of guarantee cover is 80% for MSEs
operated and/or owned by women.
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Answer:
You have bagged the lead role in the annual school production this year. Write a Diary Entry expressing yourself feelings regarding it.
Explanation:
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