this presentation will completely clear your basics about IDC . it deals with all the topics like motive,roles,objectives, functions etc. you will explore the current scenario about funding institutions like IDC and many more.
This document summarizes a study on rural finance in India. It discusses the presence of various financial institutions in rural areas, including nationalized banks, cooperative banks, microfinance institutions, and informal sources of finance like moneylenders. It also outlines some of the key challenges in rural financing such as high transaction costs, lack of collateral, and information asymmetries. The document then discusses various enabling measures to expand rural finance, including the growing application of technologies like mobile phones, ATMs, and smart cards. It provides case studies on the use of technologies by banks and on the strategies adopted by microfinance institutions to expand outreach in rural areas.
The document summarizes the services provided by the National Small Industries Corporation (NSIC) to support small and medium enterprises in India. NSIC provides integrated support services including marketing support, technology support, credit support, and other services. It operates through various zonal offices, branch offices, sub-offices, and technical centers to deliver schemes focused on enhancing competitiveness through finance, marketing, and technology assistance.
The document summarizes State Financial Corporations (SFCs) in India. SFCs were established by state governments in 1951 to provide financial assistance to small and medium industries. Their main functions are to provide loans, guarantees, and underwriting to eligible small and medium industries. SFCs are governed by boards of directors and obtain capital from sources such as share capital, bonds, debentures, public deposits, and state government borrowings. While SFCs aim to promote regional industrial development, they have been criticized for issues like inadequate assistance, delays in loan approvals, and a lack of technical expertise. Currently there are 18 SFCs operating in India.
The State Finance Corporations (SFCs) are established by state governments to promote small and medium enterprises. There are currently 18 SFCs across India. SFCs provide financial assistance like loans and guarantees to industrial units. They mobilize funds from various sources like share capital, bonds, and bank loans. While SFCs aim to catalyze investment and job growth, they face challenges like limited funds, high interest rates, and a lack of technical expertise. Some also show a bias toward financing larger enterprises over small businesses.
The District Industries Centre was established to promote small, village, and cottage industries at the district level. The key objectives are to accelerate industrialization, support rural industries, provide equal economic opportunities across regions, and help entrepreneurs access government schemes by streamlining procedures. DICs act as the main agency for industrial promotion, collecting industry data and statistics, providing entrepreneur guidance and training, and assisting entrepreneurs in obtaining necessary approvals and financing. They aim to promote industries under a single roof. Over 400 DICs have been established, supporting millions of jobs and businesses through credit provision and new unit establishment.
The 'district industries centre' (di cs)Revine Paul
The District Industries Centre (DIC) program was started in 1978 to promote small, cottage and village industries in each district. DICs are jointly funded by central and state governments. Each DIC is headed by a General Manager and provides various services under one roof like credit, marketing assistance, training and raw materials. DICs prepare industrial profiles of districts and help entrepreneurs with registrations, licenses, subsidies and other government schemes. They monitor and evaluate industrial growth in districts.
National small industries corporation (NSIC)DesignedEra
The National Small Industries Corporation Ltd. (NSIC) was established in 1955 to aid and foster the growth of small and medium enterprises in India. It provides various support services to small businesses, including marketing support through exhibitions, buyer-seller meets, and export assistance. It also offers credit support through equipment financing, tie-ups with banks, and financing for procurement of raw materials and marketing activities. Additionally, NSIC provides technology support such as product design, testing facilities, and training as well as operating business incubators to help entrepreneurs start small businesses.
This document summarizes a study on rural finance in India. It discusses the presence of various financial institutions in rural areas, including nationalized banks, cooperative banks, microfinance institutions, and informal sources of finance like moneylenders. It also outlines some of the key challenges in rural financing such as high transaction costs, lack of collateral, and information asymmetries. The document then discusses various enabling measures to expand rural finance, including the growing application of technologies like mobile phones, ATMs, and smart cards. It provides case studies on the use of technologies by banks and on the strategies adopted by microfinance institutions to expand outreach in rural areas.
The document summarizes the services provided by the National Small Industries Corporation (NSIC) to support small and medium enterprises in India. NSIC provides integrated support services including marketing support, technology support, credit support, and other services. It operates through various zonal offices, branch offices, sub-offices, and technical centers to deliver schemes focused on enhancing competitiveness through finance, marketing, and technology assistance.
The document summarizes State Financial Corporations (SFCs) in India. SFCs were established by state governments in 1951 to provide financial assistance to small and medium industries. Their main functions are to provide loans, guarantees, and underwriting to eligible small and medium industries. SFCs are governed by boards of directors and obtain capital from sources such as share capital, bonds, debentures, public deposits, and state government borrowings. While SFCs aim to promote regional industrial development, they have been criticized for issues like inadequate assistance, delays in loan approvals, and a lack of technical expertise. Currently there are 18 SFCs operating in India.
The State Finance Corporations (SFCs) are established by state governments to promote small and medium enterprises. There are currently 18 SFCs across India. SFCs provide financial assistance like loans and guarantees to industrial units. They mobilize funds from various sources like share capital, bonds, and bank loans. While SFCs aim to catalyze investment and job growth, they face challenges like limited funds, high interest rates, and a lack of technical expertise. Some also show a bias toward financing larger enterprises over small businesses.
The District Industries Centre was established to promote small, village, and cottage industries at the district level. The key objectives are to accelerate industrialization, support rural industries, provide equal economic opportunities across regions, and help entrepreneurs access government schemes by streamlining procedures. DICs act as the main agency for industrial promotion, collecting industry data and statistics, providing entrepreneur guidance and training, and assisting entrepreneurs in obtaining necessary approvals and financing. They aim to promote industries under a single roof. Over 400 DICs have been established, supporting millions of jobs and businesses through credit provision and new unit establishment.
The 'district industries centre' (di cs)Revine Paul
The District Industries Centre (DIC) program was started in 1978 to promote small, cottage and village industries in each district. DICs are jointly funded by central and state governments. Each DIC is headed by a General Manager and provides various services under one roof like credit, marketing assistance, training and raw materials. DICs prepare industrial profiles of districts and help entrepreneurs with registrations, licenses, subsidies and other government schemes. They monitor and evaluate industrial growth in districts.
National small industries corporation (NSIC)DesignedEra
The National Small Industries Corporation Ltd. (NSIC) was established in 1955 to aid and foster the growth of small and medium enterprises in India. It provides various support services to small businesses, including marketing support through exhibitions, buyer-seller meets, and export assistance. It also offers credit support through equipment financing, tie-ups with banks, and financing for procurement of raw materials and marketing activities. Additionally, NSIC provides technology support such as product design, testing facilities, and training as well as operating business incubators to help entrepreneurs start small businesses.
The Industrial Finance Corporation of India (IFCI) was established in 1948 as the first development financial institution in India to provide long-term financing to industrial sectors. IFCI's authorized capital was initially Rs. 10 crores but was later raised to Rs. 20 crores. IFCI engages in direct financing, incidental activities, and promotional activities to support industries, including providing rupee and foreign currency loans, loan guarantees, technical assistance, and merchant banking services. IFCI obtains its resources from sources such as the Reserve Bank of India, share capital, retained earnings, bond issues, government loans, and international sources.
The document discusses housing finance. It describes the different types of housing finance like direct finance, supplementary finance, and indirect finance. It discusses the purpose, quantum, eligibility, and terms of housing loans. Housing loans are typically provided for purchasing or building a house. The loan amount usually ranges from Rs. 100,000 to Rs. 2 crores. Individuals over 18 with sufficient income are eligible, and loans are typically repaid over 15-25 years. Housing loans have a margin of 80-85% of the property cost and are secured by a mortgage on the property. Interest rates can be fixed or floating.
Entrepreneurship development - Institutional AssistanceSOMASUNDARAM T
The document discusses various types of institutional assistance available to small scale industries in India. It describes the financial assistance provided by State Finance Corporations (SFCs), Small Industries Development Bank of India (SIDBI), commercial banks, Karnataka State Industrial Investment and Development Corporation (KSIIDC), Karnataka State Small Industries Development Corporation (KSSIDC), and Industrial Finance Corporation of India (IFCI). It also outlines various loan schemes and eligibility criteria for small scale entrepreneurs to receive funding from these institutions.
The document outlines India's industrial policies since independence. Key policies include the Industrial Policy Resolution of 1948 which accepted a mixed economy with government monopoly in select industries. The 1956 policy emphasized heavy industries and expanding the public sector. The 1973 policy gave preference to small and medium enterprises. The 1980 policy promoted competition and 1991 policy deregulated industry, allowed private sector flexibility, and reduced licensing/controls.
The 'District Industries Centre' (DICs)
Bijapur The Joint Director, District Industries Centre Industrial Estate, Station Back Road, Shikhara Khana, Bijapur - 586 101.
08352 250976 257125 250607
jd-bijapur@karnatakaindustry.gov.in
The document discusses District Industrial Centers (DICs) in India. DICs were established to promote small-scale and village industries at the district level. By 1998, 422 DICs had been set up across India to provide various services like registration, infrastructure assistance, incentives, seminars and self-employment schemes to local entrepreneurs under a single roof. While DICs have generated additional employment and supported many new small business units, some entrepreneurs still lack information about the programs.
Entrepreneurship Development Institute of India (EDII)uma reur
EDI has been spearheading entrepreneurship movement throughout the nation with a belief that entrepreneurs need not necessarily be born, but can be developed through well-conceived and well-directed activities.
In consonance with this belief, EDI aims at:
Creating a multiplier effect on opportunities for self-employment,
Augmenting the supply of competent entrepreneurs through training,
Augmenting the supply of entrepreneur trainer-motivators,
Participating in institution building efforts,
This document discusses social banking and microfinance in India. It outlines the objectives of social banking as providing credit to small farmers, traders, and cottage industries. Major social banking schemes discussed include the Lead Bank Scheme, Service Area Approach, Village Adoption Scheme, and Differential Rate of Interest Scheme. The document also describes priority sector lending and microfinance through self-help group bank linkage programs. The Lead Bank Scheme designates a bank in each district to coordinate banking institutions. Under the Service Area Approach, banks are allocated specific rural or semi-urban villages.
Small Industries Services Institutes (SISIs) were set up in each Indian state to provide consultancy and training to small and prospective entrepreneurs. There are 28 SISIs and 30 branch SISIs located in state capitals and other areas. SISIs assist in utilizing assets, promoting employment-oriented industries, and expanding marketing channels as small industries contribute 40% to total output and 35% to exports. SISIs provide assistance to existing and prospective entrepreneurs, conduct entrepreneurship and management training programs, perform industrial surveys, and assist with issues like pollution control and export promotion.
• The 'District Industries Centre' (DICs) programme was started by the central government in 1978 with the objective of providing a focal point for promoting small, tiny, cottage and village industries in a particular area and to make available to them all necessary services and facilities at one place.
• The District Industries Centre is the institution at the District level, which provides all the services and support facilities to the entrepreneur for setting up Micro, Small and Medium Enterprises. This included identification of suitable schemes, preparation of feasibility reports, arrangements for credit facilities, machinery and equipments, provision of raw materials and development of industrial clusters etc.
• Established in 1940
• Vision is to be primary driving force of commercially sustainable industrial development .
• Industrial development Corporations are companies or agencies in India which were established at various times under the policy of Government of India for the promotion of small - scale industries.
• A Central Industrial Finance corporation was set up under the industrial Finance corporations Act, 1948 in order to provide medium and long term credit to industrial undertakings which fall outside normal activities of commercial banks.
• The State governments expressed their desire that similar corporations be set up in states to supplement the work of the Industrial financial corporation. State governments also expressed that the State corporations be established under a special statue in order to make it possible to incorporate in the constitutions necessary provisions in regard to majority control by the government, guaranteed by the State government in regard to the payment principal. In order to implement the views Expressed by the State governments the State Financial Corporation bill was introduced in the Parliament.
• Small Industries Development Bank of India (SIDBI), set up on April 2, 1990 under an Act of Indian Parliament, is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.
• It was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India.
• The purpose is to provide refinance facilities and short term lending to industries. Its headquarters is in Lucknow.
• Former Deputy Managing Director is Shri N.K. Maini. Dr. Kshatrapati Shivaji is the new Chairman and Managing Director of the organisation.
Industrial sickness refers to a situation where an industrial firm performs poorly and incurs losses for several years, defaulting on debt repayments. A sick unit fails to generate profits continuously and depends on external funds. Signs of sickness include short-term liquidity issues, revenue losses, operating losses, and overuse of credit. Sickness is caused by both internal factors like poor management and technical issues, as well as external factors such as infrastructure problems, government policies, and market constraints. It is a growing socio-economic problem impacting employees, investors, and the economy.
NABARD is the apex development bank of India that was established in 1982 to provide credit and related services for agriculture and rural development. It replaced the agricultural credit departments of the RBI and provides refinancing support to rural financial institutions. NABARD also works to enhance access to financial services in rural areas through programs like self-help group bank linkage and develops rural infrastructure through funds like RIDF.
Industrial finance corporation of india(ifci)Humsi Singh
The Industrial Finance Corporation of India (IFCI) was established in 1948 by the Government of India as the country's first development financial institution to provide long-term financing to industrial sectors. IFCI aims to make medium and long-term credit more accessible to manufacturing, mining, and other industrial businesses. It provides loans, underwrites shares and debentures, and engages in promotional activities like research, technical assistance, and guidance to new entrepreneurs. IFCI's resources include loans from the Reserve Bank of India, capital from shareholders including IDBI Bank, retained earnings, and commercial borrowings both domestic and international.
Non-banking financial companies (NBFCs) are financial institutions that provide banking services without meeting the legal definition of a bank. This document provides an overview of NBFCs in India, including their history, regulations, types, and roles. It defines various types of NBFCs such as investment companies, equipment leasing companies, loan companies, and housing finance companies. It also discusses the historical committees that shaped NBFC regulations and compares NBFCs to banks.
The document summarizes key industrial policies in India from 1948 to 1991. It outlines the objectives of early policies like the 1948 and 1956 resolutions which focused on developing industry and reducing economic disparities through public sector involvement. Subsequent policies in 1973, 1977 and 1980 continued promoting small industries and exports. The 1991 policy aimed to liberalize the economy through foreign investment, dismantling regulations and improving competitiveness.
The National Housing Bank was established in 1988 by an Act of Parliament as the apex institution for the housing finance system in India. It is wholly owned by the Reserve Bank of India. NHB's mission is to promote affordable housing for all segments of the population with a focus on low and moderate income housing. Its vision is to promote inclusive expansion and stability in the housing finance market. NHB aims to develop a sound housing finance system, support housing finance institutions, catalyze funds to all regions and income groups, and ensure market expansion and stability. Sriram Kalyanaraman is the newly appointed Managing Director and CEO of NHB.
State Financial Corporations (SFCs) were established by state governments to provide financing support to small and medium enterprises. SFCs obtain financial resources from various sources like share capital, loan repayments, bond sales, and borrowings. They offer various forms of assistance including direct assistance like term loans and equity investments, and indirect assistance like guarantees. SFCs have struggled due to poor investment decisions and long gestation periods for supported small businesses, leading to losses. For SFCs to be sustainable, business decisions must prioritize financial viability over political factors.
Presentation on government policies for smallShalu Bijani
The document summarizes government policies in India that promote small scale industries. Key policies include:
1. Reservation of certain manufacturing items exclusively for small scale industries to boost production and employment.
2. Industrial policy resolutions from 1948-1991 that stressed the role of small scale industries, provided subsidies and credit, increased investment limits, and reserved more manufacturing items for the small scale sector.
3. The establishment of the Small Industries Development Bank of India to ensure adequate credit flow to small scale industries.
Industry associations are organizations that allow businesses within an industry to interact for mutual benefit. The document discusses several major industry associations in India, including the Federation of Indian Chambers of Commerce and Industry (FICCI), Confederation of Indian Industry (CII), The Indus Entrepreneur (TIE), Dalit Indian Chamber of Commerce and Industry (DICCI), and Associated Chambers of Commerce and Industry of India (ASSOCHAM). It provides details on the history, objectives, roles and functions of these associations.
this presentation explains what is IFC i.e international financial corporation,what are the goals and purposes of IFC what are the services provided by international financial corporation
The Industrial Finance Corporation of India (IFCI) was established in 1948 as the first development financial institution in India to provide long-term financing to industrial sectors. IFCI's authorized capital was initially Rs. 10 crores but was later raised to Rs. 20 crores. IFCI engages in direct financing, incidental activities, and promotional activities to support industries, including providing rupee and foreign currency loans, loan guarantees, technical assistance, and merchant banking services. IFCI obtains its resources from sources such as the Reserve Bank of India, share capital, retained earnings, bond issues, government loans, and international sources.
The document discusses housing finance. It describes the different types of housing finance like direct finance, supplementary finance, and indirect finance. It discusses the purpose, quantum, eligibility, and terms of housing loans. Housing loans are typically provided for purchasing or building a house. The loan amount usually ranges from Rs. 100,000 to Rs. 2 crores. Individuals over 18 with sufficient income are eligible, and loans are typically repaid over 15-25 years. Housing loans have a margin of 80-85% of the property cost and are secured by a mortgage on the property. Interest rates can be fixed or floating.
Entrepreneurship development - Institutional AssistanceSOMASUNDARAM T
The document discusses various types of institutional assistance available to small scale industries in India. It describes the financial assistance provided by State Finance Corporations (SFCs), Small Industries Development Bank of India (SIDBI), commercial banks, Karnataka State Industrial Investment and Development Corporation (KSIIDC), Karnataka State Small Industries Development Corporation (KSSIDC), and Industrial Finance Corporation of India (IFCI). It also outlines various loan schemes and eligibility criteria for small scale entrepreneurs to receive funding from these institutions.
The document outlines India's industrial policies since independence. Key policies include the Industrial Policy Resolution of 1948 which accepted a mixed economy with government monopoly in select industries. The 1956 policy emphasized heavy industries and expanding the public sector. The 1973 policy gave preference to small and medium enterprises. The 1980 policy promoted competition and 1991 policy deregulated industry, allowed private sector flexibility, and reduced licensing/controls.
The 'District Industries Centre' (DICs)
Bijapur The Joint Director, District Industries Centre Industrial Estate, Station Back Road, Shikhara Khana, Bijapur - 586 101.
08352 250976 257125 250607
jd-bijapur@karnatakaindustry.gov.in
The document discusses District Industrial Centers (DICs) in India. DICs were established to promote small-scale and village industries at the district level. By 1998, 422 DICs had been set up across India to provide various services like registration, infrastructure assistance, incentives, seminars and self-employment schemes to local entrepreneurs under a single roof. While DICs have generated additional employment and supported many new small business units, some entrepreneurs still lack information about the programs.
Entrepreneurship Development Institute of India (EDII)uma reur
EDI has been spearheading entrepreneurship movement throughout the nation with a belief that entrepreneurs need not necessarily be born, but can be developed through well-conceived and well-directed activities.
In consonance with this belief, EDI aims at:
Creating a multiplier effect on opportunities for self-employment,
Augmenting the supply of competent entrepreneurs through training,
Augmenting the supply of entrepreneur trainer-motivators,
Participating in institution building efforts,
This document discusses social banking and microfinance in India. It outlines the objectives of social banking as providing credit to small farmers, traders, and cottage industries. Major social banking schemes discussed include the Lead Bank Scheme, Service Area Approach, Village Adoption Scheme, and Differential Rate of Interest Scheme. The document also describes priority sector lending and microfinance through self-help group bank linkage programs. The Lead Bank Scheme designates a bank in each district to coordinate banking institutions. Under the Service Area Approach, banks are allocated specific rural or semi-urban villages.
Small Industries Services Institutes (SISIs) were set up in each Indian state to provide consultancy and training to small and prospective entrepreneurs. There are 28 SISIs and 30 branch SISIs located in state capitals and other areas. SISIs assist in utilizing assets, promoting employment-oriented industries, and expanding marketing channels as small industries contribute 40% to total output and 35% to exports. SISIs provide assistance to existing and prospective entrepreneurs, conduct entrepreneurship and management training programs, perform industrial surveys, and assist with issues like pollution control and export promotion.
• The 'District Industries Centre' (DICs) programme was started by the central government in 1978 with the objective of providing a focal point for promoting small, tiny, cottage and village industries in a particular area and to make available to them all necessary services and facilities at one place.
• The District Industries Centre is the institution at the District level, which provides all the services and support facilities to the entrepreneur for setting up Micro, Small and Medium Enterprises. This included identification of suitable schemes, preparation of feasibility reports, arrangements for credit facilities, machinery and equipments, provision of raw materials and development of industrial clusters etc.
• Established in 1940
• Vision is to be primary driving force of commercially sustainable industrial development .
• Industrial development Corporations are companies or agencies in India which were established at various times under the policy of Government of India for the promotion of small - scale industries.
• A Central Industrial Finance corporation was set up under the industrial Finance corporations Act, 1948 in order to provide medium and long term credit to industrial undertakings which fall outside normal activities of commercial banks.
• The State governments expressed their desire that similar corporations be set up in states to supplement the work of the Industrial financial corporation. State governments also expressed that the State corporations be established under a special statue in order to make it possible to incorporate in the constitutions necessary provisions in regard to majority control by the government, guaranteed by the State government in regard to the payment principal. In order to implement the views Expressed by the State governments the State Financial Corporation bill was introduced in the Parliament.
• Small Industries Development Bank of India (SIDBI), set up on April 2, 1990 under an Act of Indian Parliament, is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.
• It was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India.
• The purpose is to provide refinance facilities and short term lending to industries. Its headquarters is in Lucknow.
• Former Deputy Managing Director is Shri N.K. Maini. Dr. Kshatrapati Shivaji is the new Chairman and Managing Director of the organisation.
Industrial sickness refers to a situation where an industrial firm performs poorly and incurs losses for several years, defaulting on debt repayments. A sick unit fails to generate profits continuously and depends on external funds. Signs of sickness include short-term liquidity issues, revenue losses, operating losses, and overuse of credit. Sickness is caused by both internal factors like poor management and technical issues, as well as external factors such as infrastructure problems, government policies, and market constraints. It is a growing socio-economic problem impacting employees, investors, and the economy.
NABARD is the apex development bank of India that was established in 1982 to provide credit and related services for agriculture and rural development. It replaced the agricultural credit departments of the RBI and provides refinancing support to rural financial institutions. NABARD also works to enhance access to financial services in rural areas through programs like self-help group bank linkage and develops rural infrastructure through funds like RIDF.
Industrial finance corporation of india(ifci)Humsi Singh
The Industrial Finance Corporation of India (IFCI) was established in 1948 by the Government of India as the country's first development financial institution to provide long-term financing to industrial sectors. IFCI aims to make medium and long-term credit more accessible to manufacturing, mining, and other industrial businesses. It provides loans, underwrites shares and debentures, and engages in promotional activities like research, technical assistance, and guidance to new entrepreneurs. IFCI's resources include loans from the Reserve Bank of India, capital from shareholders including IDBI Bank, retained earnings, and commercial borrowings both domestic and international.
Non-banking financial companies (NBFCs) are financial institutions that provide banking services without meeting the legal definition of a bank. This document provides an overview of NBFCs in India, including their history, regulations, types, and roles. It defines various types of NBFCs such as investment companies, equipment leasing companies, loan companies, and housing finance companies. It also discusses the historical committees that shaped NBFC regulations and compares NBFCs to banks.
The document summarizes key industrial policies in India from 1948 to 1991. It outlines the objectives of early policies like the 1948 and 1956 resolutions which focused on developing industry and reducing economic disparities through public sector involvement. Subsequent policies in 1973, 1977 and 1980 continued promoting small industries and exports. The 1991 policy aimed to liberalize the economy through foreign investment, dismantling regulations and improving competitiveness.
The National Housing Bank was established in 1988 by an Act of Parliament as the apex institution for the housing finance system in India. It is wholly owned by the Reserve Bank of India. NHB's mission is to promote affordable housing for all segments of the population with a focus on low and moderate income housing. Its vision is to promote inclusive expansion and stability in the housing finance market. NHB aims to develop a sound housing finance system, support housing finance institutions, catalyze funds to all regions and income groups, and ensure market expansion and stability. Sriram Kalyanaraman is the newly appointed Managing Director and CEO of NHB.
State Financial Corporations (SFCs) were established by state governments to provide financing support to small and medium enterprises. SFCs obtain financial resources from various sources like share capital, loan repayments, bond sales, and borrowings. They offer various forms of assistance including direct assistance like term loans and equity investments, and indirect assistance like guarantees. SFCs have struggled due to poor investment decisions and long gestation periods for supported small businesses, leading to losses. For SFCs to be sustainable, business decisions must prioritize financial viability over political factors.
Presentation on government policies for smallShalu Bijani
The document summarizes government policies in India that promote small scale industries. Key policies include:
1. Reservation of certain manufacturing items exclusively for small scale industries to boost production and employment.
2. Industrial policy resolutions from 1948-1991 that stressed the role of small scale industries, provided subsidies and credit, increased investment limits, and reserved more manufacturing items for the small scale sector.
3. The establishment of the Small Industries Development Bank of India to ensure adequate credit flow to small scale industries.
Industry associations are organizations that allow businesses within an industry to interact for mutual benefit. The document discusses several major industry associations in India, including the Federation of Indian Chambers of Commerce and Industry (FICCI), Confederation of Indian Industry (CII), The Indus Entrepreneur (TIE), Dalit Indian Chamber of Commerce and Industry (DICCI), and Associated Chambers of Commerce and Industry of India (ASSOCHAM). It provides details on the history, objectives, roles and functions of these associations.
this presentation explains what is IFC i.e international financial corporation,what are the goals and purposes of IFC what are the services provided by international financial corporation
List of central and state institutionsRani Padmini
The document outlines several key institutions that support small businesses and small-scale enterprises in India. These include the Small Industries Development Organization (SIDO) and National Small Industries Corporation (NSIC) which provide various facilitation services. Other organizations mentioned are the Khadi and Village Industries Commission (KVIC), Small-scale Industries Board, National Science and Technology Entrepreneurship Development Board, and various state-level institutions that promote small industries.
The document discusses various topics related to entrepreneurship development and small businesses in India, including:
1. It describes entrepreneurship development programs that help individuals improve their skills and knowledge for starting a business.
2. A project report is summarized as providing necessary details for establishing a manufacturing or service business, including general information, project description, market potential, costs, financing, and economic and social considerations.
3. Several organizations that support small businesses in India are introduced, such as the District Industries Center, Small Industries Development Organization, State Industries Development Corporations, National Small Industries Corporation, and others. Their roles in offering services like credit, training, marketing assistance and industrial development are briefly outlined.
Institutions supporting small and medium enterprises, sanjeevSanjeev Patel
This document outlines the various institutions that support small and medium enterprises in India at the central and state level. At the central level, key institutions include the Small Scale Industries Board, Khadi and Village Industries Commission, Small Industries Development Organization, National Small Industries Corporation, and National Science and Technology Entrepreneurship Development Board. At the state level, supporting institutions include Directorates of Industries, District Industries Centers, State Financial Corporations, State Industrial Development Corporations, and State Small Industrial Development Corporations.
Institutions supporting sm es, sanjeev patelSanjeev Patel
This document summarizes several organizations that support small and medium enterprises in India at both the central and state level. At the central level, organizations described include the Small Scale Industries Board, Khadi and Village Industries Commission, Small Industries Development Organization, National Small Industries Corporation, National Science and Technology Entrepreneurship Development Board, and National Institute for Small Industry Extension and Training. At the state level, organizations discussed are Directorates of Industries, District Industries Centers, State Financial Corporations, State Industrial Development/Investment Corporations, and State Small Industries Development Corporations. These organizations provide various services including finance, training, technology support, marketing assistance, and infrastructure development to small businesses.
The document discusses the various institutions that provide support to micro, small and medium enterprises (MSMEs) in India. It outlines the three levels of institutional support - central government, state government, and non-government organizations. At the central level, it describes organizations like the Small Industries Development Organisation (SIDO), National Small Industries Corporation (NSIC), and Small Industries Development Bank of India (SIDBI) that offer services ranging from entrepreneurship training to financing and marketing assistance. At the state level, institutions like State Financial Corporations (SFCs) and State Small Industries Development Corporations provide term loans, raw materials procurement, and industrial infrastructure development. Non-government bodies like the Indian Council of Small Industries (ICSI
Institutions supporting small and medium enterprises, sanjeevSanjeev Patel
This document summarizes the various institutions that support small and medium enterprises in India at the central, state, and local levels. At the central level, organizations like the Small Scale Industries Board, Khadi and Village Industries Commission, Small Industries Development Organization, National Small Industries Corporation, and National Institute for Small Industry Extension and Training provide various services including credit, training, technology support, and policy advice. At the state level, support is provided through institutions like Directorates of Industries, District Industries Centers, State Financial Corporations, and State Industrial Development Corporations. Local support additionally includes industry associations and non-governmental organizations.
enterprenureship :role of financial institutions for funduing enterpriserajat jasuja
This document summarizes several development finance institutions in India that provide subsidies and financing support to entrepreneurs and businesses. It outlines the objectives and services of institutions such as the Small Industries Development Bank of India (SIDBI), National Bank for Agriculture and Rural Development (NABARD), Export Import Bank of India (EXIM), State Financial Corporations (SFCs), and State Industrial Development Corporations that provide subsidies, loans, and other financial assistance to small and medium enterprises.
Development financial institutions (DFIs) play an important role in India by providing long-term financing for industrial and infrastructure projects. DFIs were established to resolve market failures in financing long-term investments. Some of the first DFIs were created in Europe in the 1800s, and helped drive industrialization. In Asia, Japan Development Bank fostered rapid industrialization. In India, several national and state-level DFIs were established after independence to promote industrialization and rural development through long-term financing. National-level DFIs include NABARD, IFCI, IDBI, SIDBI, and Exim Bank, while state-level DFIs include State Financial Corporations and
• The 'District Industries Centre' (DICs) programme was started by the central government in 1978 with the objective of providing a focal point for promoting small, tiny, cottage and village industries in a particular area and to make available to them all necessary services and facilities at one place.
• The District Industries Centre is the institution at the District level, which provides all the services and support facilities to the entrepreneur for setting up Micro, Small and Medium Enterprises. This included identification of suitable schemes, preparation of feasibility reports, arrangements for credit facilities, machinery and equipments, provision of raw materials and development of industrial clusters etc.
• Established in 1940
• Vision is to be primary driving force of commercially sustainable industrial development .
• Industrial development Corporations are companies or agencies in India which were established at various times under the policy of Government of India for the promotion of small - scale industries.
• A Central Industrial Finance corporation was set up under the industrial Finance corporations Act, 1948 in order to provide medium and long term credit to industrial undertakings which fall outside normal activities of commercial banks.
• The State governments expressed their desire that similar corporations be set up in states to supplement the work of the Industrial financial corporation. State governments also expressed that the State corporations be established under a special statue in order to make it possible to incorporate in the constitutions necessary provisions in regard to majority control by the government, guaranteed by the State government in regard to the payment principal. In order to implement the views Expressed by the State governments the State Financial Corporation bill was introduced in the Parliament.
• Small Industries Development Bank of India (SIDBI), set up on April 2, 1990 under an Act of Indian Parliament, is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.
• It was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India.
• The purpose is to provide refinance facilities and short term lending to industries. Its headquarters is in Lucknow.
• Former Deputy Managing Director is Shri N.K. Maini. Dr. Kshatrapati Shivaji is the new Chairman and Managing Director of the organisation.
Role of specilized institution in development of ssiShaham Khan
The document discusses the role of specialized institutions in the development of small scale industries (SSI) in India. It outlines various types of specialized institutions at the all India, state, and fund-based levels that provide support to SSIs. These include institutions like the Small Industries Development Bank of India (SIDBI), State Financial Corporations (SFCs), District Industries Centers (DICs), and the Khadi and Village Industries Commission (KVIC) which work to promote and develop small businesses through various initiatives like loans, training programs, and marketing assistance.
The World Bank was established in 1944 at the Bretton Woods Conference to provide loans and technical assistance to developing countries. It is made up of 185 member countries and has over 10,000 staff worldwide. The World Bank provides low-interest loans, interest-free credits, and grants to fund projects focused on reducing poverty and increasing economic growth. It works through various organizations like the IBRD, IDA, IFC, MIGA, and ICSID to promote private sector development, infrastructure projects, education, health, and more. In India, the World Bank has funded projects to upgrade highways, railways, and engineering education to support development.
This document discusses National Bank for Agriculture and Rural Development (NABARD), its vision, mission, objectives, roles and functions. NABARD is the apex organization for agriculture and rural development in India. It provides refinancing support to banks for loans to self-help groups. It also promotes various innovative projects for rural development. The document also discusses Small Industries Development Bank of India (SIDBI), its vision, mission, objectives, products and services in promoting micro, small and medium enterprises in India. Finally, it discusses the role and functions of Technical Consultancy Organizations which provide technical support to entrepreneurs and industrial projects.
Institutions Supporting Small Business Enterprises.pptxshrinivas kulkarni
Active in the field of consultancy and training and has a number of specialized divisions to provide tailor-made solutions to agriculture and industry. These divisions, manned by trained consultants, deal with issues related to industrial engineering, plant engineering, energy management, HRD, informal sector, agriculture and so on
The document discusses the history of industrialization and the role of public and private sectors in Pakistan's economy. It describes how the Pakistan Industrial Development Corporation (PIDC) was established in 1950 to promote industries that the private sector lacked expertise and capital to develop. PIDC helped establish industries like fertilizer, cement and textiles, before transferring some projects to the private sector. However, nationalization of industries in 1972 greatly reduced the private sector. Later, privatization policies under General Zia-ul-Haq in the 1980s aimed to promote growth of the private sector again.
Development banks are financial institutions that provide long-term loans and assistance to promote social and economic development in their member countries. Their main goals are reducing poverty and improving people's lives. They support a variety of development projects and activities through loans and technical assistance. Some examples of development banks mentioned are the Asian Development Bank, IFCI, IDBI, ICICI, and LIC.
Government encouragement to entrepreneurshipdeepu2000
The document summarizes various ways the Indian government encourages and supports entrepreneurship through several policies, schemes, and programs. It discusses how the government provides funds, incentives, and assistance to small and medium enterprises through organizations like the Ministry of MSME, NSIC, KVIC, and schemes that provide subsidies, training, marketing support, and help develop infrastructure and technology. The overall aim is to promote the growth of small businesses and entrepreneurs.
Institutional support is necessary at three stages of small and medium enterprise development: inception, day-to-day management, and expansion. This support comes from central and state government institutes as well as non-government organizations. Central government institutes that provide support include the Small Industries Board, National Bank for Agriculture and Rural Development, Small Industries Development Organisation, National Small Industries Corporation, and Small Industries Development Bank of India. At the state level, support is provided by State Financial Corporations, State Small Industries Development Corporations, and Technical Consultancy Organisations. Additional support comes from non-government organizations such as the Indian Council of Small Industries and Laghu Udyog Bharti.
Similar to Industrial Development Corperation (20)
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
2. What is industrialisation?
Industrialization is the period of social and economic change
that transforms a human group from an agrarian society into
an industrial society, involving the extensive re-organisation of
an economy for the purpose of manufacturing.
2
3. » Important for countries
progress
» Improve and enhance
economic growth
» Development of social
overhead
Why industrialisation is important?
» Improves productivity
and quality of goods
» Improves standard of
living
» Better utilisation of raw
materials
3
4. » Established in 1940, IDC is a national
development finance institution.
» It was setup to promote economic
growth and industrial development.
» The corporation is owned by south
African government under the
supervision of economic development
department.
4INTRODUCTION
5. CONCEPT
to be primary driving force of commercially
sustainable industrial development and
innovation for the benefit of south Africa and the
rest of World.
5
BIG
6. HISTORY
» IDC was developed by the act of parliament (IDC act no. 22 of
1940).
» It was created as a consequence of 2nd world war and the great
depression.
» IDC founding chairman was Hendric vendor.
» It had played a key role to the rise of SA as an major industrialized
country.
» The first IDC-funded and managed company worked in the field of
wool cleaning and conditioning.
6
7. Why was IDC built ?
» To promote economic development.
» To facilitate Industrialization.
» To create new Industries.
» Create direct and indirect employment.
» To Promote entrepreneurship.
» To enhance Economic empowerment.
7
8. CURRENT SCENERIO
Rs 137.0
Billion total assets in 2018
Rs 8.0
Billion approved for the
manufacturing sector in 2018
8
Rs 15.4
Billion total funding distributed
in 2018
Rs 7.9
Billion approved for black
industrialists in 2018
9. Performance overview
Rs 7.9 billion
Approved for black industrialists
Rs 9.7 billion
Approved for black empowered
companies
9
Rs 16.7 billion
202 transactions approved
Rs 15.4 billion
Total funding disbursed
10. Performance overview
Rs 3.2 billion
Net profit after tax
Rs 2.2 billion
Approved for businesses with women
entrepreneurship of more than 25%
10
Rs 1.0 billion
Approved for businesses with
youth ownership
Rs 8.0 Billion
Approved for the manufacturing
sector
11. INFLUENCE OF IDC OVER INDIA : NIDC
» Established on : 20th October 1954
» Established by : central government of India
» Aim: to achieve balance development of industries in private as well as
public sector
» Status: liquidated
» Company category: company limited by shares
» Company sub category: non government company
» Company class: public
» Age: 64 years
11
12. HISTORY AND WORKING
» The corporation was setup with the authorised capital of 1 crore
» 10 lakh was contributed by government which was increased by 50 lakhs
by the starting of 1963
» The NIDC has been started for providing assistance to cotton jute and
sugar industries for modernisation
» In the year 1970 it rendered consultancy services worth RS 69 lakhs
» The services of NIDC are being availed by Indians , foreign entrepreneurs as
well as united nation organisation
12
15. IDC FUNDING
• IDC has offices in all provinces
• Regional offices are fully fledged operational offices that form part
of the IDC’s deal origination process
• Satellite offices do not have permanent staff and are manned at
specific times by employees from the regional office. These
offices are generally shared with other DFIs or agencies
• Access to IDC funding has been improved by allowing on-line
applications and an on-line tool to assist businesses to develop
business plans.
15
16. Challenges for IDC
» Uncertain economic environment and continued job losses.
» Energy and other infrastructure constraints.
» Limitations on IDC’s ability to take controlling interests in projects in a rescue
situation and starting strategic projects.
» Lack of policy coordination.
» Identifying, developing, funding and implementing projects; and
» Providing finance to entrepreneurs applying for funding.
16
17. Roles
• The vision of IDC is to be the primary source of commercially sustainable industrial development and
innovation to the benefit of the Republic of South Africa (“South Africa”),,
• The objects of IDC include amongst other things the facilitation, promotion, guidance and
assistance in the financing of:
» new industries and industrial, or ancillary or related economic, undertakings; and
» schemes for the expansion, better organisation and modernisation of and the more efficient
carrying out of operations in existing industries and industrial, or ancillary or related
economic, undertakings
• IDC is empowered, to amongst other things:
» lend or advance money to any company or other person engaged in or proposing to
establish or to expand or modernise any activity referred to in the IDC Act; and
17
18. Conclusion:
» Indian economy is going thorough a very good time and is
posting new highs on a regular basis. The per capita income
growth rate during 2006-2007 was 13%. As the real estate
sector has a high correlation with the overall economic
growth of the economy, so the expansion of this sector is
also phenomenal.