NSIC (NATIONAL SMALL INDUSTRIES CORPORATION
National Small Industries Corporation
NSIC
National Small Industries Corporation Limited (NSIC) is a Mini Ratna PSU established by
the Government
of India in 1955[4][5] It falls under Ministry of Micro, Small
& Medium Enterprises of India. NSIC is the nodal office for several schemes
of Ministry of MSME such as Performance & Credit Rating, Single Point
Registration, MSME Databank, National SC ST Hub, etc.
How can I get NSIC registration certificate?
Both manufacturing and service provider enterprises having MSME or Udyog
Aadhaar registration are eligible for obtaining NSIC
registration. To obtain registration, enterprises having MSME or Udyog
Aadhaar registration can apply online or by submitting an application
at one of the NSIC offices.
What is monetary limit in NSIC certificate?
Monetory Limit indicates the value of single order that
a NSIC Registered Unit can execute without paying any Security Deposit.
It is therefore related to Order Value however it is fixed on the basis of a
unit's Net Sales Turnover during the last three years reflected in the Audited
Balance Sheets.
History
It was established in 1955 to promote and develop micro and small scale
industries and enterprises in the country.[4] It was founded as a Government of India agency later
made into a fully owned government corporation.
Operation
The National Small Industries Corporation Ltd.
(NSIC), is an ISO 9001-2015 certified Government of India Enterprise under
Ministry of Micro, Small and Medium Enterprises (MSME).
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. However, From January 2018,
Johannesburg office is now closed and is now closely looking after domestic
MSME Units. 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 has recently partnered with Rubique.com, to facilitate lending for
MSME segment. Rubique & NSIC will work together to create an interface
which will ease credit facilitation for MSMEs by allowing quicker decision
making and evaluation and to widen the product offerings will bring their
respective bank/FI tie-ups under one umbrella for MSME.
Objectives
Government of India to promote small and
budding entrepreneurs of post independent India, decided to establish a
government agency which can mediate and provide help to small scale industries
(SSI). As such they established National Small Industries
Corporation with objectives to provide machinery on hire purchase basis
and assisting and marketing in exports. Further, SSIs registered with NSIC were
exempted from paying Earnest
money and
provided facility of free participation in government tendered purchases. Also
for training persons the training facilities centres and for providing
assistance in modernising the small industries several branches of NSIC were
opened up by government over the years in several big and small towns, where
small industries were growing.
NSIC also helps in organising supply of raw
materials like coal, iron, steel and other materials and even machines needed
by small scale private industries by mediating with other government companies
like Coal India Limited, Steel Authority of India
Limited, Hindustan Copper Limited and many others, who produce this
materials to provide same at concessional rates to SSIs. Further, it also
provides assistance to small scale industries by taking orders from Government
of India owned enterprises and procures these machineries from SSI units
registered with them, thus providing a complete assistance right from
financing, training, providing raw materials for manufacturing and marketing of
finished products of small scale industries, which would otherwise not be able
to survive in face of competition from large and big business conglomerates. It also helps SSI by mediating with government owned
banks to provide cheap finance and loans to budding small private industries of
India.
Nowadays, it is also providing assistance by setting up incubation
centres in other continents and also international technology fairs to provide
aspiring entrepreneurs and emerging small enterprises a platform to develop
skills, identify appropriate technology, provide hands-on experience on the
working projects, manage funds through banks, and practical knowledge on how to
set up an enterprise.
: For Registration
:
Contact : 8140633511
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