role of different agencies in small scale industries

8/4/2019 Role of Different Agencies in Small Scale Industries

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ROLE OF DIFFERENT

AGENCIES IN SMALL SCALEINDUSTRIES


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SIDBI

NIESBUD

IDBI NABARD

KSFC

KIADB

TESCOK


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SIDBI

Established in April 2,1990 for

1-Promotion

2-Financing3-Development of industries in the small scale

sector

4-Co-ordinating the functions of otherinstitutions engaged in similar activities.


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ROLES

SCHEMES OF REFINANCE ASSISTANCE

1. Schemes for setting up SSI units-cost of

project not to exceed Rs. 300 lakhs.2. Composite loan scheme ( cottage, tiny and

village industries-The loan limit not to exceed

Rs.50000 repayable with in 7-8 years

3. Scheme for SC/ST and physically handicapped

persons-Loan limit not to exceed Rs. 50000.


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NIESBUD

1. Assisting supporting EDPs:

PREPARATION OF TRAINING AIDS MATERIALS:

a-manuals

b- handbooks

c- video films

d- lesson planse- learning text

f- cases

TRAINING FOR TRAINERS OR PROMOTERS

DEVELOPING ENTREPRENEURIAL CULTURE- the institute strives to createclimate conducive to emergence of entrepreneurs from all strata of society.Institute conducts awareness camps for schools college students.


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IDBI

INDUSTRIAL DEVELOPMENT BANK OF INDIA


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ROLE

Facilities including concessional finance to the

State Financial Corporations and banks for

their loans to the small and medium sized

projects located in the specified backward

districts,direct rupee loan assistance as well

underwriting assistance.


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NABARD

NATIONAL BANK FOR AGRICULTURE AND

RURAL DEVELOPMENT


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ROLE OF NABARD

a) CREATING SELF HELP GROUPS

b) RURAL INFRASTRUCTURE DEVELOPMENT

FUNDc) Watershed development

d) Attracting youth to rural non farm sector

e) DRIP(District rural industries project)f) Rural entrepreneurship development

programme(redp)


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Marketing

Rural Innovation Fund


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KSFC

The KSFC was established by the government of Karnataka in1956 under the state financial corporation act 1951 forextending financial assistance to set up tiny, small andmedium scale industrial units in Karnataka. Since 1956 it is

working as a regional industrial development bank of Karnataka. KSFC has a branch office in each district;

some districts have more than one branch.

KSFC extends lease financial assistance and hire purchaseassistance for acquisition of

machinery/equipment/transport vehicles. KSFC hasmerchant banking department which takes up themanagement of public issues underwriting at shores,project report preparation, deferred payment guarantee,and syndication of loans, bill discounting and similar tasks.


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ROLES

KSFC give preference to the projects which are

(i) Promoted by technician entrepreneur.

(ii) In the small-scale sector.

(iii) Located in growth centers and developing areas ofthe state;

(iv) Promoted by entrepreneurs belonging to scheduledcastes and scheduled tribes,

backward classes and other weaker sections of society.

(v) Characterized by high employment potential.

(vi) Capable of utilizing local resources; and

(vii) In tune with the declared national priorities.


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OTHER IMPORTANT AGENCIES

KARNATAKA

KIADB(KARNATAKA INDUSTRIAL AREAS

DEVELOPMENT BOARD)

TECSOK(TECHNICAL CONSULTANCY SERVICESOF KARNATAKA).


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CONCLUSION

OBJECTIVE OF FINANCIAL INSTITUTIONS IS

TO ASSIST AND CATER TO THE NEED OF ENTREPRENEURS AND HAVING

MACRO LEVEL ADVANTAGE. IT IS ALSO IMPORTANT TO PERIODICALLY REVIEW THE SCHEMES TO FIND

WHETHER IT IS ABLE TO DELIVER WHAT IT WAS MEANT FOR.

IDENTIFY AREAS WHICH REQUIRE CHANGES IN ITS PRESENT FORM.


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THANK

YOU

role of different agencies in small scale industries

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