SMALL SCALE INDUSTRIES BOARD
Established in 1954 to provide effective
coordination and inter-institutional linkages for
the benefit of small scale sector.
I c o ns is ts o f the fo llo wing m e m be rs :
Union Industry Minister
State Industry Minister
Selected members of Parliament
Secretaries of department concerned
Selected Public Enterprises
Eminent experts in the field
NATIONAL BANK FOR
AGRICULTURE AND RURAL
Se rvic e s o ffe re d by N BA
Attracting youth to rural non-farm sector.
District Industries Rural Project (DRIP).
Rural Entrepreneurship Development
Constituted in 1954 to develop support
services for promotion of SSS.
M in o bje c tive s o f SI a re :
To formulate policy for promotion of SSI
Provide coordination of policies of state
To collect and disseminate information
To provide wide range of extension services
through allied institutions
To promote facilities for technology
To offer consultancy services
Services Rendered by SIDO:
Entrepreneurship development and
Efforts for skill development.
Preparation of feasibility reports for different
Provision of testing services.
Availability of tool room facilities.
NATIONAL SMALL INDUSTRIES
Set up by government of India in 1955.
M in func tio ns a re :
Supply of machinery and equipment.
Provision of financial assistance.
Assistance for arrangement of raw materials.
Establishment of technology transfer centers.
Arrangement of marketing assistance.
Priority in government purchase programme
DEVELOPMENT BANK OF INDIA
Subsidiary of IDBI, setup as an act of
Pro vid e s a s s is ta nc e fo r:
Setting up of new SSI units, small hotels,
hospitals and so on.
Technological upgradation and modernization,
expansion and diversification.
Development of markets.
Development of infrastructure.
Discounting of bills of manufacturer-seller in
selling either equipments or components.
STATE FINANCIAL CORPORATIONS
O bje c tive s :
Provide term loans for the acquisition of land,
building, plant and machinery.
Promotion of self-employment.
Encourage women entrepreneurs.
Expansion of industry.
Provide seed capital assistance.
STATE SMALL INDUSTRIES
I p o rta nt func tio ns p e rfo rm e d a re :
Procurement and distribution of raw materials.
Supply of machine on hire-purchase basis.
Construction of industrial estates.
Providing assistance for marketing of products
Se rvic e s o f TCO s inc lud e :
Preparation of project profiles.
Undertaking industrial potential surveys.
Identification of potential entrepreneurs.
Undertaking market research.
Project supervision and rendering technical
and administrative assistance.
KHADI AND VILLAGE INDUSTRIES
It is engaged in the development of khadi and
village industries in rural areas.
M in o bje c tive s o f KVI a re :
Providing employment in rural areas.
Transfer of technology.
INDIAN COUNCIL OF SMALL
It was established in 1979.
M in func tio ns a re :
Consultancy and managerial support.
Training and research.
LAGHU UDYOG BHARTI (LUB)
It was founded in 1995.
I is re s p o ns ible to und e rta ke :
The most important development in the postindependence period has been the growth of a
number of key institutions to promote, assist
and develop entrepreneurs to initiate industrial
growth in the country. The country has laid a
strong foundation broad based its
infrastructure and provided much needed
support and assistance.
Entrepreneurship and Small Business
-M. B. SHUKLA
The Dynamics of Entrepreneurship
Development and Management