2. INTRODUCTION
Entrepreneurs are regarded as Nation builders as
they contribute for the development of an economy.
Hence, Government has to provide benefits in the
way of various kinds of assistance, especially for SSI
units, through various institutions as they lack in
technical & marketing skills and also need help in
the way of infrastructural facilities as they are
basically considered to be poor.
3. GOVERNMENT ASSISTANCE
Government of India established National Small Industries
Corporation (NSIC) in 1955 to promote, help and accelerate
the growth of Small Scale Industries.
NSIC is directly operating different programmes by
professionals through 8 regional offices, 5 Technical Service
Centres, 2 foreign offices, 2 Software Technology Parks, 17
branch offices located in almost all the States and 3
Technical Services Extension Centres.
4. The NSIC provides machinery on hire purchase,
equipment on lease, marketing inputs for meeting
domestic and export needs, technical and managerial
assistance etc..,
NSIC also helps SSI units in enterprise building,
training to promote industries throughout the
country.
It is also encouraging in growth of SSI’s in backward
areas, for selected lines of production.
5. TYPES OF ASSISTANCE
1. Raw material assistance
Supply of materials on the off- the shelf basis
Import of raw materials
Providing scarce raw materials on priority basis
Supplies through NSIC godowns/ depots
6. 2. Plant and Machinery
A. Hire purchase scheme
Supply of indigenous and imported machinery and
equipment on easy financial terms.
Mainly targeted on first generation entrepreneurs.
Special focus on women entrepreneurs, weaker
sections, handicapped and ex-servicemen and SC/ST
entrepreneurs.
Creating a sound and formidable and entrepreneurship
base.
Faster growth and employment.
7. B. Leasing
100% finance for SSI’s to facilitated diversification
and technology
Single window for indigenous/imported machinery.
Tax rebate on full-year rental.
Increases in productivity.
8. 3. Technical assistance
Information dissemination on
technology, business and investment
opportunities.
Matching of business partners and search for
technology worldwide
Training, consultancy and technology evaluation
Technology transfer programs
Setting up a network to access database
9. Technically trained manpower in
traditional and advanced trades.
New technologies and modification
of existing prototypes to take care of
emerging trends in manufacturing
technology.
These centres have been recognised
by Council of Scientific and
Industrial Research for in-house
R&D.
10. 4. Marketing assistance
Ensure fair margin to producers of goods.
Standardisation & quality control with testing
facilities.
Marketing of products under common brand name
Provide publicity to SSI products.
Upgrade Technology by supplying sophisticated
machinery and equipment
11. Apart from these facilities, additional facilities
for SSI who are registered under single point
scheme are as follows:
Issue of tender form free of cost
Advance intimation of tenders
Issue of a Competency Certificate in case the
value of an order exceeds monetary limit after due
verification.
Surrender of security deposits up-to the monetary
limit for which unit is registered.
