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Subject Name: Management and Entrepreneurship Subject Code: 10AL51 Prepared By: PUNITHA S Department: Aeronautical Eng.. Date: 10 Sep 2014 Unit - 7
Subject Name: Management and Entrepreneurship Subject Code: 10AL51 Prepared By: PUNITHA S Department: Aeronautical Eng.. Date: 10 Sep 2014 Unit - 7
Unit - 7
4/2/2019
Unit-7
Institutional Support
NEED FOR INSTITUTIONAL SUPPORT
Finance is the life blood of any business. In other words finance is the nerve centre
of a business. Every kind of business requires adequate amount of finance for its
start.
* To start an Industry.
* For acquiring Fixed Assets.
* Developing Product.
* Developing Men and Machine at Work.
* Encourage Management to make Progress.
Before 1999, the same Ministry was known by name of Small Scale
Industries and Agro & Rural industries (SSI & RRI).
CENTRAL GOVERNMENT
STATE GOVERNMENT
1. SSI Board 2.SIDO
SSIs
1.Dis
3. SISIs 4. PPDCs 2.DICs
5. RTCs 6CEFTIs 3.SFCs
7.EDIs 8. NSIC 4.SSIDCs
9. SIDBI 5.TCOS
OTHERS
1. INDUSTRY ASSOCIATIONS
2. NON - GOVRNMENT
ORGANISATIONS
Providers of Finance & Specialized Support Services
FINANCE
APEX
1.Commercial Banks TECHNOLOGY INDUSTRIAL INPUTS
2.RRBs UPGRADATION 1.NSIC
3.Coperative Banks 1.NSIC 2.SSIDs
State Level 2.SIDO 3.DICs
1.SFCs 3.SISIs
2.SIDCs 4.RTCs
3.SSIDCs 5.PPDCs
OTHERS 6.TBSE
1.NABARD ENTREPRENERURIAL
2.NSIC DEVELOPMENT
SSIs 1.SIDO
TECHNICAL TRAINING 2.Specialised
1. SIDO 5. DICs Institutes
2. SISIs 6.RTCs MARKETING 3.EDII
3. TCOs 7. GFTISs 1.SIDO 4. SISIs 4.NIESBUD
4. PPDCs 8. Tool 2.NSIC 5. EICs 5.EDIs
3.SSIDCs 6. SECs 6.SISIs
Rooms
Services offered by Ministry of SSIs
Consultancy in various aspects like
$ Management
$ Training
$ Testing Facilities
$ Marketing assistance through various institutions set
up
by Govt.
CENTRAL GOVERNMENT SUPPORT NETWORK
Members of SSIB
* Central Ministers
* Chairman of Parliamentary Committes concerned with SSIs
* Secretaries of various departments of Central Government, Financial
* Institutions, Public Sector Undertakings, State Level Ministry Industries,
* Prominent Industry Associations, & Eminent experts from the related
fields.
2. Small Industry Development Organization (SIDO)
The Office of Development Commissioner Small Scale Industries (DC(SSI)) is also
known as the small Industry Development Organization (SIDO).
Established in 1954, Apex Body which Assists the Government in Formulation &
Overseeing the Implementation of its Policies & Programmes/Projects/Schemes .
The SIDO is Headed by The Additional Secretary & Development Commissioner (SSI).
SIDO Provides comprehensive range of facilities, technology support etc., through its
network of 30 Small Industries Service Institutes SISIs, 28 Branch SISIs, 4 Regional
Testing Centre's (RTCs), 7 Field Testing Stations (FTSs),
2 Small Entrepreneur Promotion Centre.
The SIDO also has a network of Tool Rooms and Process- cum – Product
Development Centers (PPDCs) to provide technology and Training support.
These Institutions are run as Autonomous Bodies, Registered as Societies under the
Societies Act.
(SISIs) Small Industry Service Institutes
At the heart of all agencies dealing with Development of small industry is Small
Industries Development Organization (SIDO).
It was originally known as Central Small Industries Organizations (CSIO)
Attached, to the ministry of Industry, SIDO administers 43 Small Industries Service
Institutes (SISIs).
Functions of SISIs
Directorate of Industries.
The Directorate of Industries is the executive agency for the
• It’s functions are of both Regulatory & Developmental in nature. The directorate of
industries has a network of district industrial centre's (DICs) at the -
• District Level, Industrial Officers at the Sub – Divisional Level & Extension
Officers at the Block Level functioning under its Control.
1. District Industries Centres (DICS)
District Industries Centres have emerged since, 1978 as the nodal agency for the
development of the village and small industries to provide -
* All the support service needed for such development.
The DICs were established with a view to provide –
SFCs established under the SFCs Act 1951, play an important role in the
development of small and medium enterprises.
The main objective of SFCs are as follows :-
2. Commercial Banks
27 Commercial Banks through their country wide network of more than 68000
branches cater to the working capital requirements of SSIs. They have offered
about 17.5% of net bank credit to the SSI sector. Besides the short term
assistance, SSI sector, enjoys the status of ‘priority sector’ in terms of financing.
Specialized branches are opened in selected industrial estates and cities to
exclusively cater to the requirements of the small – scale entrepreneur.
Karnataka State Small Industries Development Corporation Ltd.
- (KSSIDC)
KSSIDC – Government of Karnataka Undertaking – was established for providing basic
infrastructural facilities for the upliftment of small scale industries in the state of
Karnataka.
KSSIDC has constructed over 5523 industrial sheds for SSI entrepreneurs all over the
state. These sheds have been designed to provide entrepreneurs the space they
require, on a need – based manner. The corporation gives preference to those
entrepreneurs who deal in high technology, export – oriented and import substitution
products.
In case of old sheds and sheds that are being re – allotted, the cost of the
shed will be decided, based on the current cost less 2% depreciation per
annum.
Central & State Governments have come forward to provide these facilities
which otherwise are beyond the capacity of a small entrepreneur to build up.