Professional Documents
Culture Documents
Eps Unit 4
Eps Unit 4
“The new restrictions on movement within the country will make it even harder for
sectors heavily dependent on labor for manufacturing and production, especially in the
largely unorganized MSME sector.
In the coming months, these firms are likely to suffer a dual shock of supply and demand
along with constraints of capital as well as labor.
“Without strong financial stimulus, domestic industries are likely to enter a slowdown
cycle in the coming weeks, and this will have a clear negative impact on India’s export
capabilities in the medium to long term.
In recent years, the Indian economy has shown an excellent growth performance with
annual growth rates closing in on 9 per cent per annum. The economy rebounded strongly
over the past fiscal year and is among the leaders in exiting the global recession.
The sheer magnitude of the Micro, Small and Medium Enterprises (MSMEs) sector
comes to the fore with Rs 20 lakh crore of goods and services they produce—contributing
as much as 40% to Gross Domestic Product (GDP) of India. Together, they make the
engine of incessant growth, providing livelihood to millions of people and creating value
for the entire global community.
The micro, small and medium enterprises (MSMEs) sector in India is only second to
China. During financial year 2017, the total number of MSMEs in the country was more
than 36 million.
useful link:
https://indianexpress.com/article/explained/coronavirus-india-lockdown-msme-sector-crisis-
government-relief-package-6395731/
4.2 Nature of organization :
The Ministry of MSME consists of :
-Small & Medium Enterprises (SME) Division,
-Agro & Rural Industry (ARI) Division,
-Integrated Finance (IF) Wing and
-Data Analytics and Technical Coordination (DATC) Wing,
-Office of the Development Commissioner (DCMSME)
SME Division - The SME Division is allocated the work, inter-alia, of administration,
vigilance and administrative supervision of the National Small Industries Corporation (NSIC)
Ltd., a central public sector enterprise and National Institute of Micro, Small & Medium
Enterprises (NIMSME) an autonomous national level entrepreneurship development/ training
organizations.
ARI Division - The ARI Division looks after the administration of two statutory bodies - the
Khadi and Village Industries Commission (KVIC) and Coir Board and also of the Mahatma
Gandhi Institute for Rural Industrialisation (MGIRI). It also supervises the implementation of
the Prime Minister’s Employment Generation Programme (PMEGP), the Scheme of Fund for
Regeneration of Traditional Industries (SFURTI) and A Scheme for Promoting Innovation,
Rural Industry and Entrepreneurship(ASPIRE).
IF Wing - IFW examines the various proposals received from the Programme Divisions of
Ministry and the O/o DC(MSME) for (i)concurrence of release of funds under various
schemes;
.
DATC Wing – This is a newly created wing to undertake analyses of data/ statistics related
to Annual Report of the MSME Sector and provide technical inputs for evidence based
decision making pertainin g to MSME Sector.Technical coordination with all stakeholders
towards development and maintenance of MSME databases;
To provide right stimulus to the growth of industry in the country – particularly to micro,
small and medium enterprises, Ministry has established Technology Centers across India,
SCALE BASED:
Micro
Small
Medium
In general MSMEs lack in accessing technology due to poor consultancy support/services for
technological information, non availability of skilled man power, lack of awareness among
entrepreneurs about emphasis on production and production cost, lack of managerial skills
and poor adoptability to changing trade, trends, etc.
For technology up-gradation DC(MSME) provides capital subsidy and other assistance to
strengthen the MSEs. The Schemes covered under Technology up-gradation & Productivity
Enhancement also help MSEs to face the challenges of liberalization & globalization. The
details of the schemes covered under Technology up-gradation & Productivity Enhancement
are as under :-
Related
Scheme Technology and Quality Upgradation Support to MSMEs
Related
Scheme International Cooperation
Related
Scheme Marketing Assistance Scheme
(b). The budget for organizing the Domestic Exhibitions/Trade Fair would
depend upon the various components of the expenditure, i.e. space rental
including construction and fabricating charges, theme pavilion,
advertisement, printing material, transportation etc. However, the
budgetary support towards net expenditure for organizing such
exhibition/trade fair would normally be restricted to a maximum amount
of Rs. 45 lakh. The corresponding budgetary limit for participation in an
exhibition/trade fair shall be Rs. 15 lakh.
Financial assistance will be provided ranging from 25% to 95% of the Air-
Fare and space rent to entrepreneurs on the basis of size and type of the
enterprise. Financial assistance for co-sponsoring an event would be
limited to 40% of the net expenditure, subject to a maximum amount of 5
lakh.
Related
Scheme Procurement and Marketing Support Scheme
The Process and Product Development Centre was set up in later half of 1985 with the
assistance of UNDP/UNIDO as an establishment of DC(MSME) and later converted into an
autonomous body in the year 1986.
The main objective of PPDC is the provision of technological upgradation of small scale
casting and forging industries.
The technological support include
I) Process and Product Development related to Foundry and Forging industries,
ii) improving the designs and working operation of Cupola furnaces to reduce air pollution in
foundry industries,
iii) Testing facilities for raw materials, cast &forged components and engineering products to
meet national and international standards,
iv) consultancy, cost reduction, etc.
(v) Dissemination of technological information through seminars/workshops etc.
(vi) training of manpower employed in SSI foundry and forging industries.
link http://msmehyd.ap.nic.in/About%20Branch%20MSME-DI%20Visakhapatnam.htm#
4.7 Modernization:
Tooling and skill development have been recognized as the most important factors
contributing to the growth of the MSME sector. In line with this, the Government of India
(GoI) has set up few Tool Rooms (TRs) and Training Centres (TCs) of large sizes, in order
to provide facilities for the design and manufacture of tools, and also for training to improve
the skill of tool markers, for the benefit of industries in MSME sector.
In the Indian context, these Tool Rooms are facilitators of sustainable eco-system
development as they support the MSMEs from development stages beginning from Reverse
Engineering to Design and Development of products and components of high precision
through state of art machinery and equipment. These Tools Rooms provide a technological
push for process and product development in the following areas:
Support to MSMEs in the field of skill up-gradation of their manpower for sustainable
development.
The following activities were undertaken for the purpose of preparing Environmental Impact
Desk review to identify the relevant national standards, codes and legislation related to the
planning, design, construction of institutional buildings and operations;
Preparation of checklists for collecting project related information against applicable
guidelines and for conducting a limited environmental assessment;
Review of land allocation documents, permits and other relevant documents;
Sample field based examination (supplemented by desk review) to identify if these
standards and codes are used in the site development, construction and operation of building
facilities and technologies of the Tool Rooms/Technology Centres;
Identification of good practices and environmental issues faced in the existing Technology
Centres;
Preparation of the draft EIA;
Presentation and disclosure of the draft EIA to stakeholders (including those at the
national level) to seek feedback; and
Finalisation of the EIA
Collateral requirements;
Lack of suitable mechanism for the revival of viable sick units and to allow unviable units
to close down speedily;
Lack of marketing promotion both domestic and export; Poor local initiative;
Increased regulation;
Inadequate linkage between large industries and MSMEs and the creation of sub-
contracting facilities at the national, regional and international level;
Not enough information collection and dissemination about various aspects among
MSMEs
4.9 National Board for Micro, Small & Medium Enterprises (NBMSME)
The Chapter II, Section 3 to Section 6 of the MSMED Act-2006 provides for establishment of
National Board for Micro, Small & Medium Enterprises (NBMSME) and its functions etc.
Accordingly, to give effect to the formation of NBMSME, Rules were notified on 26th
September 2006 which provided procedure of establishment of the Board, term of the
members other than ex-officio members limited to two years, manner of filling the vacancies,
procedure to be followed for convening of meetings and discharge of functions by the
members of the Board, etc.
The National Board for Micro, Small & Medium Enterprises (NBMSME) was established /
notified for the first time on 15th May 2007 consisting of 47 members including Chairman,
Vice Chairman and Member Secretary in accordance with the Sub Section 1 of Section 3 of
MSMED Act, 2006 and National Board for Micro, Small & Medium Enterprises Rules, 2006.
The Minister in-charge of Ministry of MSME is ex-officio Chairman of the National Board.
Functions
The functions of the Coir Board for the development of coir industry, inter-alia, include:
Promoting exports of coir yarn and coir products and carrying on propaganda for that
purpose.
Regulating under the supervision of the Central Government the production of husks,
coir yarn and coir products by registering coir spindles and looms for manufacturing
coir products as also manufacturers of coir products.
Undertaking, assisting or encouraging scientific, technological and economic
research and maintaining and assisting in the maintenance of one or more research
institutes;
Collecting statistics from manufacturers of and dealers in coir products and from
other persons as may be prescribed, on any matter relating to the coir industry and
the publication of statistics so collected.
Fixing grade standards are arranged when necessary for inspection of fibre, coir yarn
and coir products.
Improving the marketing of coconut husk, coir fibre, coir yarn and coir products in
India and elsewhere and preventing unfair competitions;
Setting up or assisting in the setup of factories for the producers of coir products with
the aid of power.
Promoting co-operative organization among producers of husks, coir fibre and coir
yarn and manufactures of coir products.
Ensuring remunerative return to producers of husks coir fibre and coir yarn and
manufacturers of coir products;
Advising on all matters relating to the development of the coir industry
Being manufactured from an agricultural produce with a relatively high level of costs of
inputs, Coir goods are dearer than synthetics and other competing items. The method of
production and processing of Coir, in many parts of the country, continues to be obsolete.
Modernization of the Coir Industry with state-of-art production techniques, machinery etc.
is the need of the hour. Even though there is stiff competition for coir in the area of floor
covering material, products like Coir Pith, Coir Geotextile, and Coir Wood offers a plethora
of opportunities in the developing world.
Adequate market promotion in these countries through awareness creation on the
environment friendly aspects and new application area of coir products would lead to long
term gains to the Coir sector.Bringing coir products under the ‘Ecomark’ and environment
friendly goods category would be ideal step in this direction. Coir products being 100%
ecofriendly and biodegradable offers solution to the current day serious issues like
deforestation, global warming etc.
Entrepreneurship Development
Tool Room Services
Testing Centres
Extension Services
R&D Services
Consultancy Services
Policy Development
Small Industries Development Organization (SIDO) is a subordinate office of the Department
of SSI & Auxiliary and Rural Industry (ARI). It is an apex body and nodal agency for
formulating, coordinating and monitoring the policies and programmes for promotion and
development of small-scale industries.
Development Commissioner is the head of the SIDO. He is assisted by various directors and
advisers in evolving and implementing various programmes of training and management,
consultancy, industrial investigation, possibilities for development of different types of small-
scale industries, industrial estates, etc.
The main functions of the SIDO are classified into:
Functions Relating to Co-ordination:
a. To evolve a national policy for the development of small-scale industries,
c. To maintain a proper liaison with the related Central Ministries, Planning Commission,
State Governments, Financial Institutions etc., and
b. To collect data on consumer items imported and then, encourage the setting of industrial
units to produce these items by giving coordinated assistance,
b. To provide consultancy and training services to strengthen the competitive ability of small-
scale industries.
4.12 SISI:
Small industries service institutes (SISI’s): It was started in 1958 with a objective to promote
ssi in the state. The small industries service institutes (SISI’s) are set-up one in each state to
provide consultancy and training to small and prospective entrepreneurs. The activities of
SISs are co-ordinate by the industrial management training division of the DC, SSI office
(New Delhi). In all there are 28 SISI’s and 30 Branch SISI’s set up in state capitals and other
places all over the country. SISI has wide spectrum of technological, management and
administrative tasks to perform.
Functions of SISI
3. To advise the Central and State governments on policy matters relating to small industry
development;
4. To assist in testing of raw materials and products of SSIs, their inspection and quality
control;
8. Conduct economic and technical surveys and prepare techno-economic feasible reports for
selected areas and industries.
10. Organize seminars, Workshops and Industries Clinics for the benefit of entrepreneurs.
The Small Industries Service Institutes have been generally organizing the following types of
EDPs on specialized courses for different target groups like energy conservation, pollution
control, Technology up-gradation, Quality improvement, Material handling, Management
technique etc. as mentioned earlier.
General EDP for educated unemployed youth, ex-service personnel etc. for a duration of four
weeks. In these programmes, classroom lectures and discussions are held on issues such as
facilities and assistance available from State and Central government agencies, banks,
financial institutions and National Small Industries Corporation.
Apart from this, exposure is given information regarding market survey, product
identification and selection, technologies involved, management of small enterprises,
particularly in matters relating to financial management, marketing, packaging and exports.
The participants also interact with successful small scale entrepreneurs as a part of their
experience sharing Information of quality; possibilities of diversification and expansion are
also given.
The entrepreneurs are helped to prepare Project Reports based on their own observations and
studies for obtaining financial assistance as may be required. Such courses have benefitted
many entrepreneurs to set up units of their own choice.
NSIC operates through countrywide network of offices and Technical Centres in the Country.
To manage operations in African countries, NSIC operates from its office in Johannesburg,
South Africa. In addition, NSIC has set up Training cum Incubation Centre & with a large
professional manpower, NSIC provides a package of services as per the needs of MSME
sector.
NSIC carries forward its mission to assist small enterprises with a set of specially tailored
schemes designed to put them in a competitive and advantageous position. The schemes
comprise of facilitating marketing support, credit support, technology support and other
support services.
Marketing :
Marketing, a strategic tool for business development, is critical to the growth and survival of
small enterprises in today's intensely competitive market. NSIC acts as a facilitator to
promote small industries products and has devised a number of schemes to support small
enterprises in their marketing efforts, both in an outside the country. These schemes are
briefly described as under:
Small Enterprises in their individual capacity face problems to procure & execute large
orders, which inhibit and restrict their growth. NSIC, accordingly adopts Consortia approach
and forms consortia of units manufacturing the same products, thereby easing out marketing
problems of SSIs. The Corporation explores the market and secures orders for bulk
quantities. These orders are then distributed to small units in tune with their production
capacity. Testing facilities are also provided to enable units to improve and maintain the
quality of their products conforming to the standard specifications.
NSIC Infomediary is a Business-to-Business (B2B) Portal that has been established to give
online services for small and medium time importers, exporters and service providers in
India. The portal is an initiative to provide business opportunities to small businesses, firms
and small scale units to expand further. Thus, anyone involved in business activities and
wants to utilize the strength and visibility of Internet can join NSIC Infomediary. Those who
look for promotion and prospect for their trade and products/services can also join NSIC
Infomediary.
Marketing Intelligence :
Collect and disseminate both domestic as well as international marketing intelligence for the
benefit of MSMEs. This cell, in addition to spreading awareness about various programmes /
schemes for MSMEs, will specifically maintain database and disseminate information.
To showcase the competencies of Indian SSIs and to capture market opportunities, NSIC
participates in select International and National Exhibitions and Trade Fairs every year. NSIC
facilitates the participation of the small enterprises by providing concessions in rental etc.
Participation in these events exposes SSI units to international practices and enhances their
business prowess.
Buyer-Seller meets:
Bulk and departmental buyers such as the Railways, Defence, Communication departments
and large companies are invited to participate in buyer-seller meets to enrich small
enterprises knowledge regarding terms and conditions, quality standards, etc required by the
buyer. These programmes are aimed at vendor development from MSMEs for the bulk
manufacturers.
Credit Support:
NSIC facilitates financing for marketing actives such as Internal Marketing, Exports and Bill
Discounting.
In order to ensure smooth credit flow to small enterprises, NSIC is entering into strategic
alliances with commercial banks to facilitate long term / working capital financing of the
small enterprises across the country. The arrangement envisages forwarding of loan
applications of the interested small enterprises by NSIC to the banks and sharing the
processing fee.
To enable small enterprises to ascertain the strengths and weaknesses of their existing
operations and take corrective measures to enhance their organizational strength. NSIC is
operating a Performance and Credit Rating Scheme through empanelled agencies like CARE,
ONICRA, ICRA, CRISIL, INDIA RATINGS, BRICKWORK RATINGS and SMERA.
Small enterprise has the liberty to choose any of the rating agencies empanelled with NSIC.
Rating agencies will charge the credit rating fee according to their policies. The benefits to
small enterprises are as follows:
Technology Support
NSIC offers small enterprises the following support services through its Technical Services
Centers and Extension Centers
Information today is becoming almost as vital as the air we breathe. We need it every minute
of our working lives. With increase in competition and melting away of international
boundaries, the demand for information is reaching new heights. NSIC, realizing the needs of
MSMEs, is offering Infomediary Services which is a one-stop, one-window bouquet of aids
that will provide information on business, technology and finance, and also exhibit the core
competence of Indian SMEs.
Membership Benefits
• Interactive Database of MSMEs
• Global & National Tender Notices
• Self-web development tool
• Centralized mail system
• Free mail boxes
• Payment Gateway for membership subscription
• Popular Products Section
• Unlimited global Trade Leads
• Trust Seal of NSIC
• Multi Product Cart
• Online Buying / Selling
• Multiple payment Option
• MSME Web Store
• Multiple Language Support
• Discussion Board
• Call Centre Support & Live Chat
• Other Value added Services
Software Technology Parks
NSIC Software Technology Parks (STPs) facilitate small enterprises in setting up 100%
export-oriented units for software exports. They also act as nodal point to activate software
exports directly through NSIC. These STPs extend support in terms of the requisite
infrastructure to the small enterprises to start business operations with a minimum lead time.
The scheme are governed by STPI regulations of the Ministry of Information Technology,
Government of India. NSIC established the first STP at Okhla, New Delhi in 1995 and
second in Chennai in 2001. Several small enterprises have taken advantage of these parks and
contributed export earnings to the exchequer.
Incubation of unemployed youth for setting up of New Micro & Small enterprises
This programme facilitates setting up of new enterprises all over the country by creating self-
employment opportunities for the unemployed persons. The objective of this scheme is to
facilitate establishment of new small enterprises by way of providing integrated services in
the areas of training for entrepreneurial skill development, selection of small projects,
preparation of project profiles/reports, identification and sourcing of plant, machinery and
equipments, facilitating sanction of credit facility and providing other support services in
order to boost the development of small enterprises in manufacturing and services sectors
International Cooperation
For the last five decades, NSIC has acquired various skill sets in the development process of
small enterprises. The inherent skills are being networked to offer consultancy services for
other developing countries. The areas of consultancy are as listed below:
• Capacity Building
• Policy & Institutional Framework
• Entrepreneurship Development
• Business Development Services
Insurance of Export Credit for Micro and Small Enterprises
NSIC is facilitating micro and small enterprises to insure their export credits by entering into
strategic alliance with Export Credit Guarantee Corporation of India Limited (ECGC). MSEs
would be helped in insuring their export credits through any office of the Corporation,
located all over the country. This arrangement is made to strengthen promotion of exports
from small enterprises.
The NIESBUD mission is to promote, support, and sustain entrepreneurship and MSME
through training, education. Research, Consultancy and other interventions throughout the
globe. The Institute offers information and support to trainers, promoters, and entrepreneurs
by providing research, consultancy, and documentary services relevant to entrepreneurship
development. The major activities of the Institute include evolving model syllabi for training
various target groups; providing effective training strategies, methodology, manuals, and
tools; facilitating and supporting central/state government institutions and other agencies in
executing programmes for entrepreneur-ship development; maximizing benefits and
accelerating the process of entrepreneurship development; conducting programmes for
motivators; and training entrepreneurs and organizing activities.
To evolve standardized materials and processes for selection, training, support and
sustenance of entrepreneurs, potential and existing.
To help/support and affiliate institutions/organisations in carrying out training and
other entrepreneurship development related activities.
To serve as an apex national level resource institute for accelerating the process of
entrepreneurship development ensuring its impact across the country and among all
strata of the society.
To provide vital information and support to trainers,promoters and entrepreneurs by
organising research and documentation activities relevant to entrepreneurship
development.
To train trainers, promoters and consultants in various areas of entrepreneurship
development.
To offer consultancy nationally/internationally for promotion of entrepreneurship and
small business development.
To provide national/international forums for interaction and exchange of experiences
helpful for policy formulation and modification at various levels.
To share international experience and expertise in entrepreneurship development.
To share experience and expertise in entrepreneurship development across national
frontiers.
Training:
Assessing training needs as well as gaps therein and accordingly facilitating organizing of
training programmes, orienting and motivating youth towards entrepreneurship.
Evolving, designing and helping the use of various media for promoting the culture of
entrepreneurship among different strata of society in the country.
Playing a supportive and catalytic role by helping organizations which are directly or
indirectly engaged in developing and promoting entrepreneurship and self-employment in
the Country.
Consultancy:
Offering consultancy services in the area of entrepreneurship especially for MSMEs.
Offering advice and consultancy to other Institutions engaged in entrepreneurial training
either in the Government or in the Private Sector.
Conceptualizing, designing and standardizing course curriculum for entrepreneurship and
skill development programmes.
Playing a supportive and catalytic role by helping organizations which are directly or
indirectly engaged in developing and promoting entrepreneurship and self employment in
the Country.
Small Industries Development Bank of India (SIDBI) was established as wholly owned
subsidiary of Industrial Development Bank of India (IDBI) under the small Industries
Development of India Act 1989. It is the principal institution for promotion, financing and
development of industries in the small-scale sector. It also coordinates the functions of
institutions engaged in similar activities. For this purpose, SIDBI has taken over the
responsibility of administrating Small Industries Development Fund and National Equity
Fund from IDBI.
OBJECTIVES OF SIDBI
To promote marketing of products of small scale sector.
To upgrade technology and also undertaking modernization of small scale units.
To provide more financial assistance to small scale ancillary and tiny sector.
To encourage employment oriented industries.
To coordinate all the other institutions involved in the promotion of small scale
industries.
FUNCTIONS OF SIDBI
Coordinating and financing the various institutions involved in the development of small
industries are undertaken by SIDBI. lts functions are
Refinance to SSI:
Refinancing loans and advances provided by commercial banks to small scale industrial
units. Different types of loans are given to small scale industries and as per the
recommendations of Nayak Committee, additional funds have been given to commercial
banks for promoting more borrowings of small scale industries. In fact, there are commercial
banks with separate branches meant exclusively for small scale industries.
Discounting the bills of SSIs:
Apart from discounting the bills of small scale industries, even hurdles arising out of
financing small scale industries are being discounted. The bank credit has gone up to Rs.
2,18,219 crores. The percentage of bank credit to SSI has gone up to 17.5.
SIDBI offers assistance to exports:
Direct assistance to export oriented units and also to import substituting units in the small
scale sector is given the highest priority. There has been a simplified procedure for the
exports of small scale industries. Products of SSI exporters are displayed in international
exhibitions with the help of SIDBI. Other export related expenditures are borne by SIDBI.
Latest packing standards and training programmes on packing for exports are also financed
by SIDBI. Trade delegations and sales and study teams are sponsored for small scale sector
under Marketing Development Assistance scheme.
Seed capital and also soft loan Assistance:
Seed capital is provided for starting of SSI units. Under this, the initial expenditure in starting
the small scale units are being met by SIDBI. In addition to that, SIDBI, under this scheme,
undertakes the following activities:
1. Identification of potential entrepreneurs in the district.
2. Providing training facility for these entrepreneurs.
3. Linkage with banks for financial assistance
4. Follow-up and monitoring the progress
5. Under soft loan, SIDBI provides long-term loan repayable in a period of 15 to 20
years with a very low rate of interest.
Factoring:
In factoring services, SIDBI finances 80% of the bills to the seller and after obtaining the
remaining 20% balance, it repays to the seller and for this service it obtains a factoring
commission.
Leasing:
After the increase in the fixed capital limit of Rs. 1 crore to SSI, there has been increasing
demand for leasing equipment. The small scale industries have expanded their activities as
lease finance institutions have enabled them to obtain costly equipment which are otherwise,
not possible within the purview of small scale industries, In fact, this has helped them in
modernizing their industry.
HP finance:
Hire purchase financing has also helped small scale industries in acquiring machinery of a
higher value. In fact, certain machinery are even imported from foreign countries on a
deferred payment basis.
Assistance to other financial institutions:
In every State, State Finance Corporations have been promoted for financing small scale
industries. They are under the control of respective state governments. At the national level, a
separate corporation is promoted for financing small scale industries called National Small
Scale Industries Corporation. This was started in 1995 to promote, aid and ensure faster
growth in small scale industries.
Automatic finance scheme:
Refinance facilities under automatic finance scheme is also provided which was initially for
Rs. 50 lakhs. Now with the increase in the capital limit of small scale industries, this finance
scheme has also increased its limit to Rs. 2 crores.
Modernization:
The technology development which has taken place in various industries has also spread to
small scale industries and to meet the requirements of technology upgradation, a separate
fund has been set up by SIDBI, through which it provides Technology upgradation equipment
finance.
Venture capital:
Venture capital fund for the promotion of new entrepreneurs has been set up. For this
purpose, IDBI, the holding company of SIDBI provides funds. New ventures in different
areas with high technical know how is encouraged under the scheme. Though this scheme is
in the initial stage, this will promote more new small scale industries.
Single window scheme:
This scheme was introduced by SIDBI for providing finance to commercial banks which in
turn will give all kinds of assistance to small scale industries. That is, from registration units
to marketing of products will be undertaken under this scheme.
The creation of SIDBI has certainly improved the growth of small scale industries in the
country. Apart from financing, banks have identified the weak areas of small scale industries
and have attempted to improve the same. This will go a long way in not only strengthening
SSI units but also in the creation of employment opportunities in rural areas.