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Explain the main features of NSIC

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Explain the main features of NSIC

Posted by Natasha Mishra 4 years ago

CBSE > Class 11 > Business Studies

1 answers

Meghna Thapar 4 years ago

National Small Industries Corporation (NSIC) was set up in the year 1955 as the central government undertaking. ... NSIC provides equipment, plant, and machinery on a hire-purchase basis. Under its scheme, entrepreneurs can procure indigenous as well as imported machinery. NSIC (National Small Industries Corporation) is an ISO certified Indian Government Enterprise under Micro, Small and Medium Enterprises. National Small Industries Corporation is working to aid, foster and promote the growth of MSMEs (micro, small and medium enterprises) all across the country.

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