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Question

State any four institutions working for the benefit of the small scale industries.

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Solution

Four institutions working for the benifit of SSIs are :

(a) National Bank for Agriculture and Rural Development —NABARD was set up in 1982 to promote integrated rural development.
Through its multipurpose strategy, it has been working for the promotion of rural business enterprises, cottage and village industries and rural artisans using credit non-credit approaches.

(b) The Rural Small Business Development Centre — It aims at providing management and technical support to current and prospective micro and small enterprises in rural areas. RSBDC organises several programmes on skill upgradation workshops trainers training programme and so on.

(c) National Small Industries Corporation—It was set up in 1955 with a view to promote, aid and foster the growth of SSI. It provides mentoring, advisory services, creates awareness of technology upgradation procure, supply and distribute indigenous and imported raw-material and machines and so on.

(d) World Association for Small & Medium Enterprise — It is the only international non-government organisation of micro, medium and small scale industries, in India. It aims to develop an action plan model for sustained growth of rural enterprises.


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