1.

Write short note on 1. NSIC 2. DIC

Answer»

1. National Small Industries Corporation (NSIC): 

This was set up in 1955 to promote, aid and foster the growth of small scale units in India. 

Functions of NSIC : 

  • It supplies imported machines and raw materials to small scale industries on easy hire-purchase schemes.
  • It exports the products of small units. 
  • It provides technology to small scale Industries. 
  • Helps in up-gradation of technology 
  • Provides advisory service 
  • Developing software technology parks and technology transfer centres.

2. The District Industries Centers (DICs): 

DICs were established in May 1978. District Industries Centers is the institution at the district level which provides all the services and support facilities to the entrepreneurs for setting up small and village industries. Identification of suitable schemes, preparation of feasibility reports, arranging for credit, machinery and equipment, provision of raw materials and other extension services are the main activities undertaken by these centers.



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