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    Role of Sidco, Dics & Nsics: Done by Imran Basha 09MBA19

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    dhileepmba
    SIDCO was established in 1977 to promote small and medium industries in Sikkim. It provides financial assistance up to Rs. 90 lacs for fixed assets to set up new industries or expand/modernize existing ones. DICs were set up in 1978 to provide administrative support for small industries at the district level, including assisting entrepreneurs with land, equipment, and obtaining licenses. NSIC was established in 1955 to promote small industries nationwide by helping entrepreneurs with project appraisals and obtaining necessary approvals.

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    Role of Sidco, Dics & Nsics: Done by Imran Basha 09MBA19

    Uploaded by

    dhileepmba
    29 views12 pages
    SIDCO was established in 1977 to promote small and medium industries in Sikkim. It provides financial assistance up to Rs. 90 lacs for fixed assets to set up new industries or expand/modernize existing ones. DICs were set up in 1978 to provide administrative support for small industries at the district level, including assisting entrepreneurs with land, equipment, and obtaining licenses. NSIC was established in 1955 to promote small industries nationwide by helping entrepreneurs with project appraisals and obtaining necessary approvals.

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    SIDCO was established in 1977 to promote small and medium industries in Sikkim. It provides financial assistance up to Rs. 90 lacs for fixed assets to set up new industries or expand/modernize existing ones. DICs were set up in 1978 to provide administrative support for small industries at the district level, including assisting entrepreneurs with land, equipment, and obtaining licenses. NSIC was established in 1955 to promote small industries nationwide by helping entrepreneurs with project appraisals and obtaining necessary approvals.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    29 views12 pages

    Role of Sidco, Dics & Nsics: Done by Imran Basha 09MBA19

    Uploaded by

    dhileepmba
    SIDCO was established in 1977 to promote small and medium industries in Sikkim. It provides financial assistance up to Rs. 90 lacs for fixed assets to set up new industries or expand/modernize existing ones. DICs were set up in 1978 to provide administrative support for small industries at the district level, including assisting entrepreneurs with land, equipment, and obtaining licenses. NSIC was established in 1955 to promote small industries nationwide by helping entrepreneurs with project appraisals and obtaining necessary approvals.

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    Download as ppt, pdf, or txt
    of 12

    ROLE OF SIDCO, DICS &

    NSICS

    DONE BY

    IMRAN BASHA
    09MBA19
    INTRODUCTION OF
    SIDCO
    • Sikkim Industrial Development & Investment Corporation Ltd.
    (SIDICO) was set up in the year 1977 as a company under the
    Registration of Companies Act, Sikkim, 1961 for the
    development of small and medium scale industries in the State
    and to perform the twin role of State Industrial Development
    Corporation and State Financial Corporation. Financial
    assistance is made available by the Corporation for fixed assets
    such as land, building, plant and machinery etc. with an
    ultimate objective of setting up of industries in the States. The
    upper limit for grant of loan is Rs.90 lacs for individual units.
    Term loans are extended to new industrial units as also to
    existing units for supporting their expansion, diversification,
    modernisation and rehabilitation programmes.
    •
    ROLES & OBJECTIVES
    • Promotion, Financing and Development of
    tiny, cottage, small and medium sector in
    the State of Sikkim.
    • Providing soft loan/seed capital assistance.
    • Participating in the equity capital in
    selective venture projects.
    • Procuring and distributing raw-materials for
    selective industries/activities.
    Type of industries
    Eligible for assistance
    • Any industrial activity either manufacture, processing
    or preservation of goods.
    • Hotels and restaurants.
    • Tourism development and related activities.
    • Transportation of passengers and goods.
    • Service sector units like Computer & Software
    Development.
    • Diagnostic Centre, Nursing Home, Medical Equipment.
    • Diagnostic Centre, Nursing Home, Medical Equipments,
    Pathological, Clinical Labs, Health Care Centres etc.
    CONTD
    • Assembling repairing or packing any
    articles with the aid of machinery or
    power.
    • Such other activities which may be
    made eligible by IDBI/SIDBI from time
    to time.
    Thrust Areas
    • The State Government has identified certain thrust
    areas for concentrated industrial development which
    will enjoy additional incentives as under

    • Agro-based industries.
    • Floriculture.
    • Animal Husbandry and Dairy Products.
    • Minor Forest based produce.
    • Handloom, handicrafts and village industries.
    •
    CONTD
    • Tourism.
    • Precision oriented, High Value, Low Volume
    products.
    • Electronic and Software.
    • Hydel Power and
    • Tea
    INTRODUCTION OF DICs
    • The District Industries centre
    programme was started on 8th May,
    1978 with a view to provide integrated
    administrative frame at the district
    level for promotion of small scale
    industries in rural areas.
    ROLES
    • To assist entrepreneurs for availing
    land shed, equipment & tools,furniture
    & fixtures.
    • To appraise the worthiness of the
    project-proposals received from
    entrepreneurs
    • To help the entrepreneurs in obtaining
    required licensees/permit/clearance
    INTRODUCTION OF
    NSICs

    • The NSIC was established in 1955 as a


    Government of India enterprise to
    promote small scale industries in the
    country
    ROLES
    • To assist entrepreneurs for availing
    land shed, equipment & tools,furniture
    & fixtures.
    • To appraise the worthiness of the
    project-proposals received from
    entrepreneurs
    • To help the entrepreneurs in obtaining
    required licensees/permit/clearance
    THANK YOU..

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