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ROLE OF SIDCO, DICS &

NSICS

DONE BY

IMRAN BASHA

09MBA19

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INTRODUCTION OF

SIDCO Sikkim Industrial Development & Investment Corporation Ltd.

(SIDICO) was set up in the year 1977 as a company under theRegistration of Companies Act, Sikkim, 1961 for the

development of small and medium scale industries in the Stateand to perform the twin role of State Industrial DevelopmentCorporation and State Financial Corporation. Financialassistance is made available by the Corporation for fixed assetssuch as land, building, plant and machinery etc. with anultimate objective of setting up of industries in the States. The

upper limit for grant of loan is Rs.90 lacs for individual units.Term loans are extended to new industrial units as also toexisting units for supporting their expansion, diversification,modernisation and rehabilitation programmes.

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ROLES & OBJECTIVES Promotion, Financing and Development of

tiny, cottage, small and medium sector in

the State of Sikkim. Providing soft loan/seed capital assistance.

Participating in the equity capital inselective venture projects.

Procuring and distributing raw-materials forselective industries/activities.

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Type of industries

Eligible for assistance Any industrial activity either manufacture,

processing or preservation of goods.

Hotels and restaurants. Tourism development and related activities.

Transportation of passengers and goods.

Service sector units like Computer & SoftwareDevelopment.

Diagnostic Centre, Nursing Home, MedicalEquipment.

Diagnostic Centre, Nursing Home, MedicalEquipments, Pathological, Clinical Labs, Health Care

Centres etc.

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CONTD

Assembling repairing or packing anyarticles with the aid of machinery orpower.

Such other activities which may bemade eligible by IDBI/SIDBI from time

to time.

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Thrust Areas The State Government has identified certain

thrust areas for concentrated industrial

development which will enjoy additionalincentives as under

Agro-based industries.

Floriculture. Animal Husbandry and Dairy Products.

Minor Forest based produce.

Handloom, handicrafts and village

industries.

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CONTD

Tourism.

Precision oriented, High Value, Low Volumeproducts.

Electronic and Software.

Hydel Power and

Tea

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INTRODUCTION OF DICs

The District Industries centre

programme was started on 8th May,1978 with a view to provide integrated

administrative frame at the district

level for promotion of small scale

industries in rural areas.

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ROLES

To assist entrepreneurs for availingland shed, equipment & tools,furniture& fixtures.

To appraise the worthiness of theproject-proposals received from

entrepreneurs To help the entrepreneurs in obtaining

required licensees/permit/clearance

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INTRODUCTION OF

NSICs

The NSIC was established in 1955 as a

Government of India enterprise to

promote small scale industries in the

country

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ROLES

To assist entrepreneurs for availingland shed, equipment & tools,furniture& fixtures.

To appraise the worthiness of theproject-proposals received from

entrepreneurs To help the entrepreneurs in obtaining

required licensees/permit/clearance

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THANK YOU..