Encouraging people to take Entrepreneurship : NSIC

NSIC_indianbureaucracy
NSIC_indianbureaucracy

The National Small Industries Corporation Limited (NSIC) has been successful in encouraging people to take entrepreneurship by providing training in its Training-cum-Incubation Centres (TICs).  NSIC imparts training in entrepreneurship building to the people who want to set up new small business enterprises in any of the manufacturing/ services sectors or seek employment opportunities in these TICs. NSIC has set up 13 TICs on its own and another 100 TICs have been set up under Public-Private Partnership (PPP) mode in various locations of the country for providing training.

State-wise details of number of trainees passed out from NSIC’s own TICs and TICs set up under PPP mode during last three years and current year (as on 31.10.2015) including the State of Punjab is enclosed at Annexure.

State-wise details of number of trainees passed out from NSIC’s own TICs and TICs set up under PPP mode during last three years and current year (as on 31.10.2015)

S.No. Name of state 2012-13 2013-14 2014-15 2015-16*
1 Assam 1036 525 672 921
2 Gujarat 105 110 213 93
3 Haryana 33 47 113 83
4 Himachal Pradesh 917 939 1090 330
5 Jammu & Kashmir 262 410 595 394
6 Karnataka 162 676 311 107
7 Maharashtra  0 10 11 8
8 Kerala  0 6 0 0
9 Madhya Pradesh 61 136 45 29
10 Orrisa 118 54 22 26
11 Punjab 276 121 304 185
12 Tamilnadu 28  0 22 101
13 Uttar Pradesh 700 526 1121 1019
14 UttraKhand  0 71 36 110
15 Jharkhand  0 16 55 215
16 West Bengal 217 330 717 927
17 Delhi 641 594 456 213
TOTAL 4556 4571 5783 4761

*As on 31.10.2015

NSIC has also trained 117 persons in the current year to take up entrepreneurship, under Livelihood Business Incubation (LBI) of ASPIRE (A Scheme for Promoting Innovation, Rural Industry and Entrepreneurship) scheme.The Ministry of MSME is providing financial support to new entrepreneurs through the following two schemes

(i) The Prime Minister’s Employment Generation Programme (PMEGP), a major credit-linked programme is being implemented through Khadi and Village Industries Commission (KVIC) which aimed at generating self – employment opportunities through establishment of micro enterprises in the non-farm sector by helping traditional artisans and unemployed youth. Under this scheme, General Category beneficiaries can avail of margin money subsidy of 25% of the project cost in the rural areas and 15% in urban areas. For special categories, such as SC/ST/OBC/Minorities/Women/Ex-servicemen/Physically handicapped/ North Eastern Region/hill and border areas, etc., the margin money subsidy is 35% in rural areas and 25% in urban areas. The maximum project cost in manufacturing sector is Rs. 25 lakh and for service sector, it is Rs. 10 lakh.

(ii) This Ministry launched the ‘Credit Guarantee Fund Scheme’ for small industries with the objective of making available credit to micro and small enterprises, particularly micro enterprises, for loans upto Rs. 100 lakh without collateral/third party guarantees.

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