ED Unit - II

Entrepreneurship
Development
Unit II – Institutions Supporting
Business Enterprises
Central level institutions - KVIC, The coir board, NSIC, National
Entrepreneurship Development Institutes. State level Institutions -
State Directorate of Industries & Commerce, DIC, SFC, SIDC.
Other institutions: NABARD, SIDBI, HUDCO, Business
incubators.
1. Training Institutions
2. Technical Support Institutions
3. Financial institutions
1. Training Institutions
a. EDII:- (Entrepreneurship Development Institute Of India)
b. SISI:- (Small Industries Service Institute)
c. NABARD:- (National Bank For Agriculture And Rural Development)
d. CAPART :- (Council for Advancement of people’s Actions and Rural Technology)
e. DIC:- (District Industries Centre)
f. MCED: (Maharashtra Centre for Entrepreneurship development)
g. MCCIA:- (Mahratta Chamber of Commerce Industries & Agriculture)
2. Institutions for Technical Guidance
a. SIDBI:- (Small Industries Development Bank of India)
b. DIC:- (District Industries Centre)
c. TCO:- (Technical Consultancy Organizations)
d. SSIDC:- (State Small Industries Development Corporations)
e. IDC:- (Industrial Development Corporation)
3. Financial Institutions
a. EDII:- (Entrepreneurship Development Institute Of India)
b. SISI:- (Small Industries Service Institute)
c. NABARD:- (National Bank For Agriculture And Rural Development)
d. CAPART :- (Council for Advancement of people’s Actions and Rural Technology)
e. DIC:- (District Industries Centre)
f. MCED: (Maharashtra Centre for Entrepreneurship development)
g. MCCIA:- (Mahratta Chamber of Commerce Industries & Agriculture)
Institutional Support for ED
Institutional support system has been designed at following four
levels:
1. Central Government
2. State Government
3. Non-Government Support System
4. District Industries Centers (DIC).
1. Central Government Institutions:
The Government Formulated the Micro, Small and Medium

Enterprises:
Development Act, 2006 and established the National Board for
Micro, Small and Medium Enterprises (NBMSME) and made
rules there under in the year 2006.
This Board examines the factors affecting the promotion and
development of MSMEs and reviews policies and programmes
from time to time relating to these enterprises, from time to time
and makes recommendations to the Government in formulating
the policies for the growth of MSMEs.
1. Central Government Institutions:
The Government of India constituted the National

Commission for Enterprises in the Unorganized Sector
(NCEUS) to examine the problems of enterprises in the
unorganized/informal sector. The Commission has
made recommendations to provide technical, marketing
and credit support to these enterprises.
1. Central Government Institutions: KVIC
The Khadi and Village Industries Commission (KVIC) is

a central level institution in India that promotes the
development of khadi and village industries in India. It
plays a significant role in creating employment
opportunities, preserving traditional crafts, and
improving the socio-economic conditions of rural areas.
It was established in 1956 under the Khadi and Village
Industries Commission Act.
Objectives of KVIC:
 To promote the development of khadi and village
industries in rural areas.
 To create employment opportunities and generate
sustainable income.
 To preserve and promote traditional Indian
handicrafts and village industries.
 To enhance the standard of living in rural areas by
providing support and assistance.
Functions of KVIC:
 Implementation of various programs and schemes for the
development of khadi and village industries.
 Providing financial assistance to individuals, groups, and
organizations involved in these industries.
 Conducting research and development activities to improve
the quality and productivity of khadi and village products.
 Organizing training programs to enhance the skills of artisans
and entrepreneurs.
 Marketing and promoting khadi and village industries
products both domestically and internationally.
 Establishing and maintaining institutions for the development
of khadi and village industries.
Key Initiatives by KVIC:
 Khadi Development and Village Industries Clusters: KVIC promotes the
formation of clusters of artisans and entrepreneurs to facilitate the
development of khadi and village industries.
 Prime Minister's Employment Generation Programme (PMEGP): KVIC
implements this scheme to provide financial assistance and promote
self-employment opportunities in rural areas.
 Honey Mission: KVIC has launched the Honey Mission to promote
beekeeping and honey production as a means of livelihood generation.
 Kumhaar Sashaktikaran Yojana: This initiative aims to empower potters
and promote pottery as a sustainable livelihood option.
 E-Marketing Platform: KVIC has established an e-marketing platform to
facilitate the online sale of khadi and village industries products.
Impact of KVIC:
 Employment Generation: KVIC plays a crucial role in generating
employment opportunities in rural areas, especially for artisans and
craftsmen.
 Rural Development: The commission contributes to the overall
development of rural areas by promoting sustainable livelihoods
and income generation.
 Revival of Traditional Industries: KVIC's efforts have led to the
revival and preservation of traditional Indian handicrafts and village
industries.
 Socio-economic Empowerment: KVIC's initiatives empower
individuals and communities by providing them with skills,
resources, and market access.
Headquarters
in Mumbai,
Maharashtra,
India
Organisational setup
1. Central Government Institutions: The Coir Board
 Coir Fibre is extracted from the fibrous outer cover of the fruit
of the Coconut. Coir Fibre is graded based on its nature of
extraction, colour, presence of long and short fibres, impurities
etc.
 Its efforts in providing financial assistance, skill development,
market promotion, and research and development have
contributed to the growth and sustainability of the coir sector.
The Coir Board's initiatives have not only created employment
opportunities but also enhanced the socio-economic conditions
of coir workers and artisans while promoting environmental
conservation.
 It was established in 1953 under the Coir Industry Act.
Various coir products
Objectives of the Coir Board:
 Promote and develop the coir industry in India.
 Enhance the competitiveness and marketability of
coir and coir products.
 Improve the socio-economic conditions of coir
workers and artisans.
 Facilitate research and development activities for
technological advancements in the coir sector.
Functions of the Coir Board:
 Formulation and implementation of policies and programs for the
overall development of the coir industry.
 Providing financial assistance, subsidies, and incentives to coir
entrepreneurs and workers.
 Conducting market research and promoting coir and coir products
in domestic and international markets.
 Skill development and training programs for coir workers and
artisans.
 Quality control and standardization of coir products.
 Facilitating technology upgradation and innovation in coir
processing.
Key Initiatives by the Coir Board:
 Coir Udyami Yojana: This scheme provides financial assistance and support
to coir entrepreneurs for setting up coir-based enterprises.
 Coir Vikas Yojana: The program aims to enhance the productivity and quality
of coir fiber, yarn, and other coir products through modernization and
infrastructure development.
 Skill Development Training: The Coir Board conducts various training
programs to impart skills and knowledge related to coir processing
techniques to workers and artisans.
 Coir Geo-Textiles: The Coir Board promotes the use of coir geo-textiles for
erosion control, slope stabilization, and environmental conservation.
 Research and Development: The Coir Board actively supports research and
development activities to improve coir processing techniques, product
diversification, and value addition.
Impact of the Coir Board:
 Employment Generation: The Coir Board plays a significant role in generating
employment opportunities for coir workers and artisans in rural areas.
 Sustainable Development: The promotion of coir industry contributes to
sustainable development by utilizing natural and renewable resources.
 Export Potential: The Coir Board's initiatives have helped in expanding the
export market for coir and coir products, thereby earning foreign exchange for
the country.
 Skill Enhancement: Training programs conducted by the Coir Board enhance
the skills of coir workers and artisans, making them more competitive in the
market.
 Environmental Conservation: Coir geo-textiles promoted by the Coir Board
contribute to environmental conservation by reducing soil erosion and
promoting soil health.
1. Central Government Institutions: NSIC
The National Small Industries Corporation (NSIC) is a
central level institution in India that focuses on
promoting and supporting small-scale industries (SSI)
and micro, small, and medium enterprises (MSMEs). It
was established in 1955 with the objective of aiding the
growth and development of these sectors.
www.coirboard.gov.in
Entrepreneurship Development Institutes in India:
The Technical Service Centers (TSCs), established by NSIC are

functioning in different parts of the country, providing diverse technical
support to the small scale sector .
Three national entrepreneurship development institutes
namely:
1. National Institute for Micro, Small and Medium Enterprises (NI-
MSME) at Hyderabad,
2. National Institute for Entrepreneurship and Small Business
Development (NIESBUD) at NOIDA (Uttar Pradesh)
3. Indian Institute of Entrepreneurship (IIE) at Guwahati, as
autonomous societies.
1. National Institute for Micro, Small and Medium Enterprises
(NI-MSME) at Hyderabad
NI-MSME, since its inception in 1960 by the Government of

India, has taken gigantic strides to become the premier
institution for the promotion, development and modernization of
the SME sector.
An autonomous arm of the Ministry of Micro, Small and Medium
Enterprises (MSMEs), the Institute strives to achieve its
objectives through a gamut (scope) of operations ranging from
training, consultancy, research and education, to extension and
information services.
1. National Institute for Micro, Small and Medium Enterprises
(NI-MSME) at Hyderabad
National Institute for Entrepreneurship and
Small Business Development (NIESBUD)
NIESBUD is an apex body established by Ministry of Micro, Small & Medium
Enterprises.
The Government of India for coordinating, training and overseeing the
activities of various institutions/agencies engaged in entrepreneurship
development particularly in the area of small industry and small business.
Its main activities are to evolve effective training strategies and methodology,
standardising model syllabi for training various target groups, formulating
scientific selection procedure, developing training aids, manuals and tools,
facilitating and supporting Central/State/ Other agencies in organising
entrepreneurship development programmes, conducting training programmes
for promoters, trainers and entrepreneurs and undertaking research and
exchange experiences globally.
National Institute for Entrepreneurship and
Small Business Development (NIESBUD)
NOIDA (Uttar Pradesh)

autonomous society
The Indian Institute of Entrepreneurship (IIE) was established

in the year 1993 in Guwahati by the erstwhile Ministry of
Industry (now the Ministry of Micro, Small and Medium
Enterprises), Government of India as an autonomous national
institute with an aim to undertake training, research and
consultancy activities in small and micro enterprises focusing
on entrepreneurship development.
autonomous society
The main objectives of the institute are:
(1) To organize and conduct training for entrepreneurship
development,
(2) To evolve strategies & methodologies for different target
groups & locations & conduct field tests,
(3) To identify training needs and offer training programmers
to Government and non-Government organisations engaged
in promoting and supporting entrepreneurship etc.
2. State Government Institutions
I. State Financial Corporation (SFC)
State Financial Corporations (SFCs) are specialized financial institutions

that operate at the state level in India. They were established under the
State Financial Corporations Act, 1951, and each state in India has its
own SFC. SFCs function as autonomous bodies under the supervision of
the respective state governments.
Objectives of SFC
• Providing Financial Assistance: SFCs aim to provide long-term and

medium-term financial assistance to small and medium enterprises
(SMEs) for various purposes, including establishment, expansion,
modernization, and diversification of their businesses. They help
bridge the funding gap and facilitate access to capital for SMEs.
Objectives of SFC
• Promoting Industrial Development: SFCs play a significant role in

promoting industrial development at the state level. They focus on
supporting and nurturing SMEs, which are considered the backbone
of the industrial sector. By providing financial assistance, SFCs
contribute to the growth, competitiveness, and sustainability of SMEs.
Objectives of SFC
• Facilitating Entrepreneurial Growth: SFCs aim to foster

entrepreneurship by providing the necessary financial support to
individuals and groups who want to start their own businesses. They
encourage the entrepreneurial spirit and contribute to job creation and
economic growth by supporting the establishment of new enterprises.
Objectives of SFC
• Encouraging Regional Development: SFCs often operate at the state

level and focus on promoting industrial and entrepreneurial
development within their respective states. They aim to drive regional
economic development by supporting local businesses, generating
employment opportunities, and attracting investments to the state.
Objectives of SFC
• Supporting Small-Scale Industries: SFCs specifically target small-

scale industries (SSI), which often face challenges in accessing
finance from traditional banking institutions. By offering tailored
financial products and schemes, SFCs address the specific needs of
SSIs and help them overcome financial constraints.
Objectives of SFC
• Participating in Equity Capital: In addition to providing loans, SFCs

may participate in the equity capital of SMEs by subscribing to their
shares. This helps strengthen the financial structure of the enterprises
and provides them with additional support.
Objectives of SFC
• Promoting Rehabilitation and Modernization: SFCs assist in the

modernization and rehabilitation of sick or financially stressed SMEs.
They provide guidance, advisory services, and financial assistance to
help these enterprises revive and improve their operational efficiency.
Objectives of SFC
• Collaborating with Other Financial Institutions: SFCs often collaborate

with other financial institutions, such as banks, non-banking financial
companies (NBFCs), and the Small Industries Development Bank of
India (SIDBI), to facilitate access to a wider range of financial
resources for SMEs. They participate in loan syndication and avail
financing facilities to enhance their lending capacity.
(ii) State Small Industries Development
Corporation (SSIDC):
The State Small Industries Development Corporations (SSIDC)

were set up in various states under the companies’ act 1956,
as state government undertakings to cater the primary
developmental needs of the small tiny and village industries in
the state/union territories under their jurisdiction.
(ii) State Small Industries Development Corporation (SSIDC)
SSIDC provides the following important functions:
I. Procurement and distribution of raw materials.

II. Supply of machine on hire-purchase basis
III. Construction of industrial estates.
IV. Providing assistance for marketing of products of SSI.
V. Financial Assistance
VI. Loan Syndication
VII. Equity Participation
VIII. Infrastructure Development
IX. Marketing and Export Promotion
X. Technology Upgradation
XI. Rehabilitation of Sick Units
XII. Collaboration and Networking
(iii) Technical Consultancy Organizations (TCOs):
The importance of Technical Consultancy Organizations (TCOs) lies in their
ability to provide valuable technical expertise and guidance to businesses,
organizations, and individuals. Here are some key reasons why TCOs are
important:
• Specialized Knowledge: TCOs possess specialized knowledge and

expertise in various technical disciplines. They stay updated with the
latest industry trends, technologies, and best practices. This knowledge
enables them to provide accurate, reliable, and up-to-date advice to their
clients.
• Problem Solving and Decision Making: TCOs help clients identify and
analyze technical challenges and provide effective solutions. They offer
insights and recommendations that can enhance decision-making
processes, leading to more informed and strategic choices.
• Efficiency and Cost Optimization: TCOs assist organizations in optimizing
their technical operations, processes, and systems. They identify
inefficiencies, suggest improvements, and help streamline workflows. By
optimizing technical aspects, TCOs contribute to cost reduction and
improved operational efficiency.
• Access to Specialized Skills: TCOs provide access to a pool of highly
skilled professionals who possess specialized technical skills and
experience. This allows organizations to leverage expertise that may not
be available in-house, enabling them to tackle complex technical projects
or challenges effectively.
• Project Management Expertise: TCOs often offer project management
services, ensuring that technical projects are well-planned, executed, and
monitored. Their project management expertise helps organizations
achieve project objectives within specified timelines and budgets.
• Risk Mitigation: TCOs assist in identifying and mitigating technical risks
associated with projects or operations. Their knowledge and experience
enable them to foresee potential issues and develop risk mitigation
strategies, minimizing the likelihood of technical failures or setbacks.
• Innovation and Technology Adoption: TCOs stay alongside of emerging
technologies and industry advancements. They help organizations identify
opportunities for innovation and technological adoption, enabling them to
stay competitive and embrace new solutions that can drive growth and
efficiency.
• Independent Perspective: TCOs provide an independent perspective on
technical matters. They offer unbiased insights and recommendations,
free from internal biases or vested interests. This objectivity can be
valuable in decision-making processes and problem-solving.
• Capacity Building and Training: TCOs often provide training and capacity-
building programs to enhance the technical skills of individuals and
organizations. They offer workshops, seminars, and customized training
sessions to empower clients with the knowledge and tools necessary for
technical excellence.
• Industry Networking and Partnerships: TCOs often have extensive
networks and partnerships within their respective industries. They can
facilitate collaborations, connect organizations with relevant stakeholders,
and provide access to additional resources or expertise as needed.
3. Non-Government Institutions
Besides the Central Government and the State Government
agencies, there are some Non-Governmental agencies that
are also supporting the cause of small scale industries in the
country.
These agencies include Non- Government organizations and
industry associations. They provide a common platform to
voice SSI needs and initiate co-operative efforts.
(I) Indian Council of Small Industries (ICSI)
It was established in 1979 to help tiny, cottage and small industries and
artisans of rural areas
Main functions of ICSI are:
• Promoting Small-Scale Industries: The primary objective of ICSI is to promote

and develop small-scale industries in India. It aims to provide support,
guidance, and assistance to entrepreneurs and small businesses to help them
grow and succeed. ICSI works towards creating a favorable business
environment for small-scale industries by advocating their interests and
addressing their challenges.
• Policy Advocacy: ICSI plays a crucial role in advocating policies and

measures that benefit small-scale industries. It serves as a platform for
small business owners to voice their concerns and provide
recommendations to the government. ICSI engages with policymakers
and regulatory bodies to influence policies related to taxation, finance,
technology, infrastructure, and other areas impacting small-scale
industries.
• Skill Development and Training: ICSI recognizes the importance of skill

development and offers various training programs and workshops to
enhance the capabilities of small business owners and their
employees. These programs cover a wide range of topics such as
entrepreneurship development, technology adoption, marketing
strategies, financial management, and quality control. By improving the
skills and knowledge of small-scale industry stakeholders, ICSI aims to
enhance their competitiveness in the market.
• Access to Finance and Credit: Access to finance is a critical factor for

the growth of small businesses. ICSI facilitates the availability of
finance and credit to small-scale industries by collaborating with
financial institutions, banks, and other funding agencies. It assists
entrepreneurs in understanding the requirements for obtaining loans,
provides guidance on preparing project reports, and helps them
connect with potential lenders.
• Networking and Collaboration: ICSI serves as a platform for networking

and collaboration among small-scale industry stakeholders. It organizes
conferences, seminars, exhibitions, and trade fairs that bring together
entrepreneurs, industry experts, policymakers, and investors. These
events provide opportunities for knowledge sharing, business
networking, and exploring potential partnerships. ICSI also facilitates the
exchange of information and best practices among small-scale industries
through its publications, research reports, and online platforms.
(II) Laghu Udyog Bharti (LUB):

Laghu Udyog Bharti (LUB) was founded in 1995 to promote and
safeguard the interest of tiny and small scale industries It is
responsible for undertaking entrepreneurial training, providing support
for technology up gradation and marketing services.
LUB performs following functions:
i. Entrepreneurial training.
ii. Technology up gradation.
iii. Marketing services.

• Advocacy - LUB advocates for the interests and issues of MSMEs with
government bodies. It lobbies for pro-MSME policies and initiatives.
• Entrepreneurship Development - It conducts training and orientation

programs to promote entrepreneurial culture and help set up new small
businesses.
• Technology Upgradation - LUB facilitates adoption of new technologies,

skills and management practices in MSMEs through various schemes
and programs.

• Market Linkages - It organizes exhibitions, trade fairs and biz meets to help
MSMEs access new domestic and international markets.
• Credit Facilitation - LUB works with banks and financial institutions to ensure
adequate credit flow to MSMEs and guide them on credit-related compliances. It
takes up issues around loans, subsidies etc.
• Some other functions include information dissemination using its various platforms, conducting
surveys and research on MSME issues, collaborating with other associations, and
coordinating with various government entities working for MSMEs.
• In nutshell, LUB represents MSMEs, promotes their interests, and facilitates their development
through various advocacy, developmental and facilitation activities.
(III) India SME Technology Services Ltd.:

India SME Technology Services Ltd. (ISTSL) provides a platform where
micro, small and medium enterprises can tap opportunities at the global
level for acquisition of new and emerging technology or establish
business collaboration.
Their mission is:
To render professional services for technology transfer and attendant
support services in order to enhance market competitiveness of micro,
small and medium enterprises and promote sustainable development.
• Technology Transfer: ISTSL facilitates transfer of innovative

technologies from labs to SMEs. It helps SMEs upgrade with
competitive technologies.
• Consultancy Services: It provides consultancy to SMEs in areas of

project preparation, feasibility studies, quality assurance, energy &
environment audits etc.
• Product Development: ISTSL helps SMEs in design and development

of new products through its engineering consultants/experts.
• Market Linkages: It connects SMEs to new domestic and international markets

through B2B portal, participation in fairs/exhibitions, buyer-seller meets etc.
• Skill Development: ISTSL conducts training programs to enhance technical,

entrepreneurial and managerial skills of SME owners/workforce. It promotes
practices like lean manufacturing.
• Some other key functions include collaboration with industry bodies, conducting
studies on SME issues, assisting SMEs to attain certifications, advisory support
for credit/subsidies and acting as a liaison between SMEs and government
bodies.
(IV) Credit Guarantee Fund Trust for Micro and Small

Industries:
A Credit Guarantee Fund Scheme for small industries was launched
by the Government and the SIDBI set up the Credit Guarantee Fund
Trust for Small Industries (CGTMSE), with a mission to implement the
credit guarantee fund scheme for micro and small enterprise in August
2000 to ensure better flow of credit to micro and small enterprises by
minimizing the risk perception of banks/ financial institutions in lending
without collateral security.
Industries:
• Coverage: CGTMSE covers both new and existing micro and small
enterprises engaged in manufacturing or service activities, including
tiny, village, and cottage industries. It includes entities such as sole
proprietorships, partnership firms, private limited companies, and
public limited companies.
• Loan Repayment Period: The repayment period for the credit

facilities extended under CGTMSE can vary depending on the
nature of the activity and the amount of the loan. Typically, the
repayment period can range from 3 to 7 years, including a
moratorium period.
Industries:
• Collateral Free Loans: One of the significant benefits of CGTMSE is
that it provides collateral-free loans to MSEs up to a certain limit.
This eliminates the need for MSEs to provide third-party collateral or
security to avail credit facilities.
• Credit Facility Limit: The maximum credit facility limit eligible for
guarantee coverage under CGTMSE is ₹2 crore (approximately
$280,000). This limit includes both term loans and working capital
loans.
Industries:
• Loan Products Covered: CGTMSE covers various loan products,
including term loans, working capital loans, and composite loans
(combination of term loan and working capital loan).
• Default and Guarantee Settlement: In the event of a default by the

MSE borrower, the lending institution can invoke the guarantee
provided by CGTMSE to recover its dues. Upon settlement,
CGTMSE pays the guaranteed amount to the lending institution.
Industries:
• Role of Lending Institutions: Lending institutions play a crucial role
in the implementation of CGTMSE. They are responsible for
appraising, sanctioning, disbursing, and recovering the credit
facilities under the scheme.
(V) Federation of Associations of Small Industries of India
(FASII)
It was promoted in 1959 to represent the problems of SSIs with the
Government and liaisoning with other agencies involved in promotion of
SSI sector.
Its objectives are as follows:
i. To promote the development of small scale, tiny and cottage industries;
ii. To cooperate with industrial business, educational institutions in
collecting and exchanging information pertaining to the small scale sector;
iii. To undertake professional, technical and management consultation
services;
iv. To undertake studies, surveys and research assignments;
v. To further the cause of small industries by interacting with Union
and State Governments and other bodies;
vi. To establish and operate trade centres display centres, sub-
contracts exchanges and other promotional institutions for the
benefit of the small scale sector and
vii. To establish test centres, laboratories and common facility
centres for the SSI sector.
(VI) World Association of Small and Medium Enterprises (WASME):
The World Association for Small and Medium Enterprises was
founded in 1981 to ensure business cooperation among its
members
It facilitates:
i. Technology transfer
ii. Manpower training
iii. Maintaining a register of experts/consultants, organising
seminars and conferences
iv. And acts as a house of information and marketing services etc.

• Global Network: WASME serves as a global platform and
network for SMEs, bringing together businesses, organizations,
policymakers, researchers, and experts from different countries.
It operates in over 100 countries, providing a valuable network
for SMEs to connect, collaborate, and exchange knowledge and
experiences.

• Advocacy and Policy Support: WASME advocates for the interests of
SMEs at national and international levels. It works closely with
governments, policymakers, and international organizations to create a
favorable policy environment and address the challenges faced by
SMEs. WASME provides policy recommendations, research insights,
and expertise to support the development and growth of SMEs.
• Capacity Building and Training: WASME offers various capacity-building

programs, training workshops, and skill development initiatives to
enhance the capabilities of SMEs and their stakeholders. These
programs cover a wide range of topics, including entrepreneurship,
innovation, marketing, finance, technology adoption, and international
trade.

• Information Sharing and Knowledge Dissemination: WASME facilitates the
exchange of information, best practices, and knowledge among SMEs
through conferences, seminars, publications, and online platforms. It
disseminates research findings, case studies, success stories, and practical
guidance to help SMEs access relevant information and stay updated on
emerging trends, technologies, and business opportunities.
• International Cooperation and Partnerships: WASME actively collaborates

with international organizations, development agencies, chambers of
commerce, industry associations, and academic institutions to foster
international cooperation and partnerships for the benefit of SMEs. It engages
in joint initiatives, research projects, capacity-building programs, and policy
dialogues to promote SME development, entrepreneurship, and innovation
worldwide.
(VII) Federation of Indian Chambers of Commerce and Industry
(FICCI):
The FICCI was established in 1927 as the national agency through which
the chambers of commerce and trade association in India could crystallize
their views on current economic problems.
It serves as the coordinating agency for the commercial and industrial
interests as represented by various chambers of commerce and trade
associations.
The Federation maintains very close relations with the Union Government
and is also represented on over 65 advisory committees appointed by the
Government and other leading organizations.
(VIII) Small and Medium Business Development Chamber of

India (SME Chamber of India):
• The chamber puts all its efforts for the development and growth of
MSMEs by organising various activities to accomplish its objectives.
• The Chamber provides information and guidance to new and existing
entrepreneurs in effectively managing and growing their business.
• The Chamber has developed key strategies to promote and support the
MSME sector.
• The Chamber also gives importance to and encourages MSMEs to
adopt innovative ideas and concepts for the promotion of their business.
The chamber organises:
i. Seminars
ii. Conferences,
iii. Workshops and Training Programs
iv. And other trade promotional activities to educate & create awareness
among MSMEs.
v. The Chamber recognizes successful entrepreneurs by conferring
National & International Level MSME and Entrepreneurship Excellence
Awards for their outstanding achievements in the fields of Manufacturing,
Services, International Trade, Finance, Agro & Food Processing, IT and IT
Enabled Services, Telecommunication, Research, Technology
Development and other sectors.
(IX) Confederation of Indian Industry (CII):

The Confederation of Indian Industry (CII) aims to
promote and facilitate the growth of Indian industry, enhance
competitiveness, foster sustainable development, and
advocate for favorable policies to support economic
progress in India.
• Promoting Indian industry growth.
• Enhancing competitiveness.
• Fostering sustainable development.
• Advocating for favorable policies.
• Supporting economic progress in India.
(X) Federation of Indian Exporters Organization (FIEO):

• The Federation of Indian Exporters Organization (FIEO) is a premier trade
promotion organization in India that represents the interests of Indian exporters.
• FIEO plays a crucial role in facilitating and promoting the growth of Indian
exports by providing various support services, market intelligence, and
advocacy initiatives.
• It focuses on enhancing the competitiveness of Indian exporters, advocating for
favorable export policies, and creating a conducive business environment. FIEO
also emphasizes capacity building, skill development, and market diversification
to help Indian exporters explore new opportunities and expand their presence in
international markets.
• Through its efforts, FIEO contributes to the development and success of Indian
exporters on a global scale. This is an apex organization set up by the Ministry
of Commerce in the year October 1965.
(XI) Rural Small Business Development Centre (RSBDC)

It is the first of its kind set up by the world association for small and
medium enterprises and is sponsored by NABARD. It works for the
benefit of socially and economically disadvantaged individuals and
groups.
It aims at:
i. Providing management and technical support to current and prospective
micro and small entrepreneurs in rural areas.
ii. Organizing several programmes on rural entrepreneurship, skill up
gradation workshops, mobile clinics and trainers training programmes,
awareness and counseling camps in various villages of India.
(XII) Entrepreneurship Development Institute of India
(EDI):
The Entrepreneurship Development Institute of India (EDII), an
autonomous body and not-for-profit institution, set up in 1983, is
sponsored by apex financial institutions, namely the IDBI Bank Ltd,
IFCI Ltd. ICICI Ltd and State Bank of India (SBI).
The Institute is registered under the Societies Registration Act 1860
and the Public Trust Act 1950
Courses offered by EDI
(a) Post Graduate Diploma in Management Development Studies
(PGDM-DS)
(b) Post Graduate Diploma in Management Business
Entrepreneurship (PGDM-BE)
(c) Post Graduate Diploma in Management Development Studies
(PGDM-DS) The entrepreneurship process at EDI:
Students are taught to identify opportunities and check on their
feasibility. Through mentoring and guidance the students prepare a
business plan. They are given a platform to pitch their ideas to banks
and investors, so that they can launch their own venture.
4. District Industries Centres (DIC) & Industrial Estates
• In each district, there is one agency to deal with all requirements of

small and village Industries. This is called “District Industries Centre”,
• The District Industries Centres have undertaken various programmes
for investment promotion at the grass root level such as organizing
seminars workshops, extending support for trade fairs and exhibitions
organized by various Industry’s associations.
• All the services and support required for MSME units is under the
single roof of the District Industries Centre.
Administration:
General Manager is the head of the District Industries Centre. The post
of General Manager is of Joint/Deputy Commissioner Level. The
General Manager has senior officers to assist him, such as Managers,
Officers of all related fields.
Objectives of District Industries Centres (DIC):

(i) To identify prospective entrepreneurs to take up viable projects.
(ii) To identify viable projects and make demand survey on the available
resources of the district and plan for promotion of viable industries in the
area.
(iii) To prepare viable and feasible project reports.
(iv) To strengthen the guidance cell to solve the problems of the
entrepreneurs.
(v) To maintain up to date data on SSI Sector.

(vi) To recommend financial proposals to Financial
Institutions/Banks etc.
(vii) To allot Govt, land/shed in Industrial Estates
(viii) To recommend for power connection.
(ix) To arrange for EDP training
(x) To arrange exhibition, fair and publicity and visit of
industrialists to Trade Fairs and different Industrial Estates of
other States.
4. District Industries Centres (DIC) & Industrial
Estates
(xi) To solve the problems of the industrial units at the district level
(xii) To monitor the health of existing SSI units and the progress of those in the
pipeline.
(xiii) To provide necessary marketing assistance.
(xiv) To monitor the implementation of the Prime Minister’s Rozgar Yojana.
(xv) To assist revival of sick SSI Units.
(xvi) To update the library in different DICs by procuring different hand books
relating to industries
• Institutions Supporting Business Enterprises
NABARD
NABARD stands for National Bank for Agriculture and Rural Development.
This bank was established in 1982 to foster rural prosperity. NABARD has
been authorized to provide credit and other financial facilities to promote and
develop agriculture, cottage industries, small-scale industries, village
industries, handicrafts, and more.
The role of NABARD includes the funding of any agricultural activities with
respect to rural development in India, as the institution's primary goal is the
nationwide growth of India's rural community. There are three sectors around
which schemes of NABARD work: development, supervision, and finance.
NABARD
The main objectives of NABARD scheme for providing long-term loans are:
• Rendering capital investment support in agriculture, fishery, poultry,

horticulture, etc. activities.
• Creating credit flow in the activities incorporated by NABARD and the

government.
• Identification and fulfilment of self-help groups (SHGs) and joint-liability

groups (JLGs) credit requirements.
NABARD
The main objectives of NABARD scheme for providing long-term loans are:
• Promotion of non-agriculture employment opportunities by encouraging the

semi-rural and rural people to explore and opt for alternate professions and
job options.
• Extending support and assistance for mitigation and climate adaptation

projects.
• Refinancing the credit linked with subsidy on capital investments by the

Indian government under the authority of the NABARD subsidy.
NABARD
The main functions of NABARD scheme are as follows:
• The NABARD scheme aims to provide funds for India’s rural infrastructure
to enable long term irrigation practices.
• Generally offering financial services and aid for the development and
improvement of rural India.
• Planning, implementing and managing any funding programs for farming

and agricultural activities.
• Providing all kinds of funding services for developing and growing food
processing units and food parks in designated areas.
NABARD
The main functions of NABARD scheme are as follows:
• Offers both long term refinance and short-term refinance servicing to its
customers. Simultaneously, it provides any direct refinance services to
Indian cooperative banks.
• Offering lending services, cold chain, and storage infrastructure to rural

warehouses.
• Creating new policies for India’s rural financial institutions.

TYPES OF NABARD LOANS
Short Term Loans
These are crop-oriented NABARD loans offered by various financial

institutions to farmers to refinance crop production. This loan offers farmers
and their surrounding rural communities the assurance of food security. When
Agro-operations are seasonal, as of FY17–18, the NABARD scheme has
sanctioned ₹55,000 Crores to a host of financial institutions as the short-term
credit loan amount.
Long Term Loans
These loans are offered by multiple financial institutions for either farm or non-
farm activities. Their tenure is much longer than short term loans and ranges
from 18 months to a maximum of 5 years. As of FY17–18, NABARD
refinanced close to ₹65,240 Crores to financial institutions, covering any
concessional refinancing of ₹15,000 Crores to Indian Regional Rural Banks
(RRBs) and Cooperative Banks.
RIDF or ‘Rural Infrastructure Development Fund.’
RBI introduced the RIDF as part of the NABARD scheme as they noticed a
shortfall in lending to priority sectors that need support for their rural
development. With the main focus being rural infrastructure development, a
total loan amount of ₹24,993 Crores was disbursed in FY17–18.
LTIF or ‘Long-Term Irrigation Fund.’
This was introduced as part of the NABARD loans to provide funding for a total
of 99 irrigation projects with the disbursal of a loan amount of Rs. 20,000
Crores.
PMAY-G or ‘Pradhan Mantri Awaas Yojana - Gramin’
Under this financial scheme, NRIDA or the ‘National Rural Infrastructure

Development Agency’ was given a loan amount of ₹9000 Crores to carry out
its project of building pucca houses with all essential amenities to needy
households 2022.
NIDA or ‘NABARD Infrastructure Development Assistance.’
NIDA is a sub-program under the NABARD scheme, and it specializes in

providing credit to any financially well-to-do institutions or corporations that are
state-owned. Hence, NABARD also refinances non-private schemes with the
help of this program.
Warehouse Infrastructure Fund
Warehouse Infrastructure Fund provides scientific warehousing infrastructure

for agricultural commodities. Initial loan of the amount Rs. 5000 was provided
by NABARD in FY 2013–14. As of 31st March 2018, the amount disbursed is
Rs. 4778 crores.
Food Processing Fund
Under the food processing fund of NABARD, the Indian government has a
loan commitment of Rs. 541 Crores to be disbursed to 11 large-scale food
park projects, 1 integrated food park project, and 3 rural food processing units
in India.
Direct Lending
The NABARD scheme has specially sanctioned a loan amount of ₹4849

Crores for cooperative banks, which will assist four state-owned cooperative
banks and 58 Co-operative Commercial Banks (CCBs) spread across the
country.
CFF or ‘Credit Facility to Marketing Federations’
This category of NABARD loans promotes the marketing of farm activities by

financially strengthening marketing federations. The amount disbursed to such
federations as of 2018 was Rs. 25,436 Crores in total.
PACS or ‘Primary Agriculture Credit Societies’
NABARD has also launched a unique ‘Producer Organizations Development

Fund’ or PODF for short. The goal is to provide financial support to PACS that
mainly operate as ‘Multi Service’.
NABARD Schemes for Farming Sector and Dairy Sector
In order to aid the farming sector, the NABARD loan scheme also offers
specially developed schemes like the Dairy Entrepreneurship Development
Scheme. This NABARD dairy loan aims to help potential entrepreneurs of the
dairy market and enable them to enlarge their businesses by setting up dairy
farms and boosting growth.
NABARD Schemes for Farming Sector and Dairy Sector
The main objectives of NABARD for dairy farming are -
• Increasing the number of modern-day farms for milk production.
• Technological upgrades to increase the production of milk and promote it on

a commercial scale.
• Promoting self-employment and making infrastructural improvements.
• Conserving breeding stock and encouraging heifer calf-rearing.

SIDBI
• Small Industries Development Bank of India (SIDBI) offers a wide range of

finance schemes to the Micro, Small, and Medium Enterprises (MSME)
industry.
• Loan amounts can range from Rs.10 lakh to Rs.25 crore. Loan repayment
tenures can go up to 10 years. These loans, which are offered at attractive
interest rates, help provide necessary capital for the growth and expansion
of MSMEs.
• Loans above Rs.1 crore can be availed without any collateral required. Loan
subsidies are also available.
OBJECTIVE OF SIDBI
The main objective of SIDBI is to offer loans to MSMEs to help in addressing

the development and financial gaps in the ecosystem of MSMEs. The
company aims to ensure that the MSME sector is globally competitive, vibrant,
and strong.
KEY FUNCTIONS OF SIDBI
• Aid financial institutions (cooperation and commercial banks) lending

to small-scale industries in the Small and Medium Enterprises (MSME)
sector to ensure their financial health.
• SIBDI offer direct loans to companies categorized in the Small and
Medium Enterprises (MSME) sector.
• Carry out marketing initiatives for small-scale industries on a global
scale.
• Offer venture funding possibilities for industries in the Small and
Medium Enterprises (MSME) sector.
• Promotion of employment and upgradation of technology in the sector.
Products offered under SIDBI
1. SIDBI Make in India Soft Loan Fund For Micro Small and Medium
Enterprises (SMILE)
• The repayment tenure of the loan is up to 10 years (inclusive of moratorium

period of 36 months).
• Attractive interest rates are offered.
• Priority will be given to services and manufacturing sectors.
• In the case of loans of up to Rs.2 crore, cover may be provided under the
Credit Guarantee Scheme.
2. SMILE Equipment Finance (SEF)
• The minimum loan that will be provided is Rs.10 lakh.

• The repayment tenure of the loan is up to 72 months (inclusive of
moratorium period).
• Loans are provided to MSMEs that have been running for a minimum of 3
years. The MSMEs must be financially stable as well.
3. Loans under partnership with OEM
• The maximum loan that may be offered may be up to Rs.1 crore.

• The loan that is provided must be used for investment in Plant and
Machinery.
• The repayment tenure of the loan is up to 60 months (inclusive of
moratorium period).
4. SIDBI – Loan For Purchase of Equipment For Enterprise's Development

(SPEED)
• Up to 100% financing may be provided.

• Quick disbursal.
• The repayment tenure of the loan ranges between 2 years and 5 years
(inclusive of moratorium period of 3 months to 6 months).
• The interest rate ranges between 9.25% p.a. and 10% p.a.
5. SIDBI - Loan For Purchase of Equipment For Enterprise's Development

PLUS (SPEED PLUS)
• 100% financing may be provided for the purchase of high-end machineries.

• Quick disbursal.
• Collateral need not be provided.
• The interest rate ranges between 8.80% p.a. and 10.50% p.a.
• The repayment tenure of the loan ranges between 2 years and 5 years
(inclusive of moratorium period of 3 months to 6 months).
6. Top up Loan For Immediate Purposes (TULIP)
• The loan gets sanctioned within 7 days.

• No collateral needs to be provided.
• The repayment tenure of the loan is up to 60 months (inclusive of a
moratorium period of 6 months).
7. SIDBI Term-loan Assistance For Rooftop Solar PV Plants (STAR)
• Loans are provided to MSMEs to help in reducing the power bill.

• The loan amount may range between Rs.10 lakh and Rs.2.5 crore.
moratorium period that ranges between 3 months and 6 months).
8. SIDBI ASSISTANCE TO HEALTHCARE SECTOR IN WAR AGAINST

SECOND WAVE OF COVID19(SHWAS)
• 100% finance may be provided.

• Competitive interest rates are offered.
• No processing fee is levied.
• The maximum loan amount that is provided is Rs.2 lakh.
9. SIDBI ASSISTANCE TO MSMES FOR RECOVERY & ORGANIC GROWTH

DURING COVID19 PANDEMIC(AROG)
• 100% finance may be provided.

• Competitive interest rates are offered.
• Low collateral needs to be provided.
• No processing fee is levied.
• The maximum loan amount that is provided is Rs.2 lakh.
10. TIMELY WORKING CAPITAL ASSISTANCE TO REVITALISE

INDUSTRIES IN TIMES OF CORONA CRISIS (TWARIT)
• The interest rate is 8.25% p.a.

moratorium period of 12 months).
• No prepayment penalty is levied.
Finance Schemes for Sustainable Development including Energy Efficiency

and Cleaner Production in MSMEs
• These schemes are aimed at helping companies and manufacturers who

deal with saving energy, facilitating cleaner production and the like. These
schemes strive to provide attractive rates of interest to encourage energy
saving projects. Companies can reduce their energy costs and enhance
their profit. The schemes help achieve waste reduction, control pollution,
recover valuable by-products during production and participate in
sustainable growth.
Finance Schemes for Sustainable Development including Energy Efficiency

and Cleaner Production in MSMEs
Purpose
• To promote energy efficient enterprises in the MSME sector.

• Contribute to reducing the severity of climate change by reducing
greenhouse gas emission especially Carbon Dioxide.
• Use financial products to help reduce pollution and emissions.
• Provide support for MSMEs who want to increase their scale, and invest in
the development and commercialization of projects based on innovative
technology.
HUDCO
• HUDCO was incorporated as 'The Housing and Urban Development

Finance Corporation Private Limited' on April 25 1970 as a Private Limited
Company and granted a certificate of incorporation by the then Registrar of
Companies Delhi.
• Subsequently name of the Company was changed to 'Housing and Urban
Development Corporation Limited' and a fresh Certificate of Incorporation
dated July 9 1974 was issued by the then Registrar of Companies Delhi &
Haryana.
• Presently the Company is a Public Sector Undertaking engaged in providing
loan financing for housing and urban infrastructure projects in India.
HUDCO
• In 1977 HUDCO launched rural housing schemes for providing loan

assistance for construction of rural houses.
• In 1986 the company established the Human Settlement Management
Institute the research and training division of the company.
• In 1988 the company commenced urban infrastructure financing.
• In 1996 the company was notified as a public financial institution under
Section 4A of the Companies Act 1956 by the Department of Company
Affairs Ministry of Finance GoI.
Key objectives of HUDCO include:
• Affordable Housing: HUDCO aims to promote and facilitate affordable

housing for different sections of society, including economically weaker
sections, low-income groups, and middle-income groups. It works towards
providing finance and technical support for housing projects that cater to
these segments.
• Urban Infrastructure Development: HUDCO plays a role in the development

of urban infrastructure by financing projects related to water supply,
sanitation, roads, transportation, solid waste management, and other
essential urban amenities. Its objective is to contribute to the overall
improvement and sustainability of urban areas.
Key objectives of HUDCO include:
• Sustainable Development: HUDCO promotes sustainable development

practices by encouraging environmentally friendly and energy-efficient
designs and technologies in housing and infrastructure projects. It focuses
on projects that incorporate green building principles, renewable energy
sources, and waste management systems.
• Capacity Building: HUDCO aims to build the capacity of various

stakeholders involved in housing and urban development, including urban
local bodies, state governments, and housing agencies. It provides training
programs, workshops, and knowledge-sharing initiatives to enhance their
understanding of housing and urban development issues.
Key functions of HUDCO include:
• Financing: HUDCO provides financial assistance to housing and urban

infrastructure projects through loans, advances, and grants. It offers
affordable and flexible financing schemes to developers, government
bodies, and individuals involved in housing and urban development
activities.
• Technical Support and Consultancy: HUDCO offers technical support and

consultancy services to project developers and government agencies. It
assists in project planning, feasibility studies, project management, and
other technical aspects of housing and urban infrastructure development.
• Research and Development: HUDCO conducts research and studies

related to housing and urban development to gain insights into emerging
trends, challenges, and innovative solutions. It collaborates with research
institutions and experts to develop knowledge resources and best practices
in the sector.
• Policy Advocacy: HUDCO actively engages in policy advocacy and provides

inputs to the government on housing and urban development-related
policies and regulations. It works towards creating an enabling environment
for affordable housing and sustainable urban development through policy
recommendations.
• Monitoring and Evaluation: HUDCO monitors and evaluates the progress

and impact of projects it finances to ensure adherence to quality standards
and desired outcomes. It conducts periodic reviews and assessments to
improve project implementation and achieve the intended developmental
objectives.
Business Incubators
Business Incubators
• A business incubator is an organization or program designed to support the

development and growth of early-stage startups and entrepreneurs.
• It provides a supportive ecosystem that offers various resources, services,

and infrastructure to help startups establish and scale their businesses.
• The primary objective of a business incubator is to nurture and accelerate

the growth of startups by providing them with mentorship, access to
networks, funding opportunities, business development support, and
physical workspace.
Business Incubators
• Incubators often offer a range of services such as business coaching,

access to investors, market research, legal and accounting assistance, and
networking events.
• By providing these resources and support, business incubators aim to

increase the chances of success for startups, promote innovation, and
contribute to the local economy.
• Incubators can be sector-specific, university-affiliated, government-funded,

or privately operated, and their duration can vary from a few months to
several years depending on the needs of the startups involved.
Business Incubators
Some salient points about business incubators:
• Support for Startups: Business incubators are organizations that provide

support and resources to early-stage startups and entrepreneurs. They offer
a nurturing environment where startups can develop and grow their
businesses.
• Physical Infrastructure: Incubators typically provide physical infrastructure,

such as office spaces, shared workspaces, meeting rooms, and
laboratories. These facilities allow startups to work in a collaborative and
professional environment.
Business Incubators
• Business Support Services: Incubators offer a range of business support

services to startups, including mentoring, coaching, and guidance from
experienced professionals. They may also provide access to legal,
accounting, marketing, and other professional services.
• Access to Networks: Incubators provide startups with access to valuable

networks and connections. This includes introductions to potential investors,
industry experts, mentors, and other entrepreneurs. These networks can
help startups gain visibility, form partnerships, and access funding
opportunities.
Business Incubators
• Training and Education: Many incubators offer training programs,

workshops, and educational resources to help startups build their
entrepreneurial skills and knowledge. This can include workshops on
business planning, marketing strategies, financial management, and
technology commercialization.
• Funding Opportunities: Some incubators provide funding opportunities to

startups in the form of grants, seed funding, or access to investor networks.
They may also assist startups in preparing for fundraising and connecting
with potential investors.
Business Incubators
• Duration and Graduation: Incubator programs typically have a defined

duration, ranging from a few months to a few years. Startups are expected
to graduate from the incubator once they have achieved specific milestones,
such as revenue targets, market validation, or securing external funding.
• Industry-Specific Focus: Some incubators specialize in supporting startups

from specific industries or sectors. These industry-specific incubators
provide tailored support, expertise, and resources that are relevant to the
particular sector.
Business Incubators
• Incubator Types: There are different types of incubators, including

university-based incubators, government-supported incubators, private
sector incubators, and corporate incubators. Each type may have its own
specific focus, funding model, and selection criteria.
• Economic Development and Job Creation: Business incubators play a

significant role in economic development by fostering innovation, job
creation, and entrepreneurship. They contribute to local economies by
helping startups grow, generate employment opportunities, and drive
innovation in various sectors.

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Entrepreneurship

The Government Formulated the Micro, Small and Medium

The Government of India constituted the National

The Khadi and Village Industries Commission (KVIC) is

The Technical Service Centers (TSCs), established by NSIC are

NI-MSME, since its inception in 1960 by the Government of

NOIDA (Uttar Pradesh)

The Indian Institute of Entrepreneurship (IIE) was established

State Financial Corporations (SFCs) are specialized financial institutions

• Providing Financial Assistance: SFCs aim to provide long-term and

• Promoting Industrial Development: SFCs play a significant role in

• Facilitating Entrepreneurial Growth: SFCs aim to foster

• Encouraging Regional Development: SFCs often operate at the state

• Supporting Small-Scale Industries: SFCs specifically target small-

• Participating in Equity Capital: In addition to providing loans, SFCs

• Promoting Rehabilitation and Modernization: SFCs assist in the

• Collaborating with Other Financial Institutions: SFCs often collaborate

The State Small Industries Development Corporations (SSIDC)

I. Procurement and distribution of raw materials.

• Specialized Knowledge: TCOs possess specialized knowledge and

Main functions of ICSI are:

• Promoting Small-Scale Industries: The primary objective of ICSI is to promote

• Policy Advocacy: ICSI plays a crucial role in advocating policies and

• Skill Development and Training: ICSI recognizes the importance of skill

• Access to Finance and Credit: Access to finance is a critical factor for

• Networking and Collaboration: ICSI serves as a platform for networking

(II) Laghu Udyog Bharti (LUB):

(II) Laghu Udyog Bharti (LUB):

• Entrepreneurship Development - It conducts training and orientation

• Technology Upgradation - LUB facilitates adoption of new technologies,

(II) Laghu Udyog Bharti (LUB):

(III) India SME Technology Services Ltd.:

(III) India SME Technology Services Ltd.:

• Technology Transfer: ISTSL facilitates transfer of innovative

• Consultancy Services: It provides consultancy to SMEs in areas of

• Product Development: ISTSL helps SMEs in design and development

• Market Linkages: It connects SMEs to new domestic and international markets

• Skill Development: ISTSL conducts training programs to enhance technical,

(IV) Credit Guarantee Fund Trust for Micro and Small

• Loan Repayment Period: The repayment period for the credit

• Default and Guarantee Settlement: In the event of a default by the

(VI) World Association of Small and Medium Enter­prises (WASME):

(VI) World Association of Small and Medium Enter­prises (WASME):

• Capacity Building and Training: WASME offers various capacity-building

(VI) World Association of Small and Medium Enter­prises (WASME):

• International Cooperation and Partnerships: WASME actively collaborates

(VIII) Small and Medium Business Development Chamber of

(IX) Confederation of Indian Industry (CII):

(X) Federation of Indian Exporters Organization (FIEO):

(XI) Rural Small Business Development Centre (RSBDC)

• In each district, there is one agency to deal with all requirements of

Objectives of District Industries Centres (DIC):

(v) To maintain up to date data on SSI Sector.

• Rendering capital investment support in agriculture, fishery, poultry,

• Creating credit flow in the activities incorporated by NABARD and the

• Identification and fulfilment of self-help groups (SHGs) and joint-liability

• Promotion of non-agriculture employment opportunities by encouraging the

• Extending support and assistance for mitigation and climate adaptation

• Refinancing the credit linked with subsidy on capital investments by the

The main functions of NABARD scheme are as follows:

• Planning, implementing and managing any funding programs for farming

The main functions of NABARD scheme are as follows:

• Offering lending services, cold chain, and storage infrastructure to rural

(VI) World Association of Small and Medium Enterprises (WASME):

(VI) World Association of Small and Medium Enterprises (WASME):

(VI) World Association of Small and Medium Enterprises (WASME):