FUNCTIONS OF SIDBI

Posted by pm brothers On Saturday, April 6, 2013 0 comments

1) Taking steps for technological upgradation and modernization of existing units.
2) Providing services like factoring, leasing etc. to industrial concerns in the small scale sector.
3) Extending financial support to National Small Industries Corporation for providing leasing hirepurchase
and marketing support to SSI units.
4) Expanding the channels for marketing the products of SSI sector in domestic and international
markets.

5) Promoting employment oriented industries especially in semi-urban areas to create more
employment opportunities and thereby checking migration of people to urban areas.
6) Refinancing of loans and advances extended by the primary lending institutions to industrial
concerns in the small scale sector and also providing resource support to them.
It also offers bills discounting and rediscounting facilities. It also has a few schemes of direct
assistance.

0 comments :

Post a Comment