Subsidy Schemes of NSIC Raw Material Assistance Raw - TopicsExpress



          

Subsidy Schemes of NSIC Raw Material Assistance Raw Material Assistance Scheme aims at helping Small Scale Industries/Enterprises by way of financing the purchase of Raw Material (both indigenous & imported). This gives an opportunity to SSI to focus better on manufacturing quality products. The benefits of the scheme include: Financial Assistance for procurement of Raw Material upto 90 days. SSI helped to avail Economics of Purchases like bulk purchase; cash discount etc NSIC takes care of all the procedures, documentation & issue of Letter of credit in case of imports. For more details, click here. Marketing Assistance Under the Scheme, marketing support is provided to Micro, Small & Medium Enterprises through National Small Industries Corporation (NSIC) to enhance competitiveness and marketability of their products, through following activities: Organizing International Technology Exhibitions in Foreign Countries by NSIC and participation in International Exhibitions/Trade Fairs Organizing Domestic Exhibitions and Participation in Exhibitions/ Trade Fairs in India Support for Co-sponsoring of Exhibitions organized by other organisations/ industry associations/agencies Buyer-Seller Meets Intensive Campaigns and Marketing Promotion Events Other Support Activities To know about the scale of assistance under each activity and other details on the scheme, click here. Performance and Credit Rating A scheme for performance and credit rating for SSIs has been formulated in consultation with Indian Banks’ Association (IBA) and Rating Agencies. NSIC has been appointed the nodal agency for implementation of this scheme through empanelled agencies. Reimbursement of Performance and Rating Fee under this scheme is as below: smallb.in/%20/fund-your-business%20/additional-benefits-msmes%20/subsidy-schemes
Posted on: Wed, 19 Mar 2014 19:51:52 +0000

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