Raw Material Assistance Scheme

Organisation

National Small Industries Corporation (NSIC)

Objective

Raw Material Assistance Scheme aims at helping Small Scale Industries/Enterprises by way of financing the purchase of Raw Material (both indigenous & imported). This gives an opportunity to SSI to focus better on manufacturing quality products.

Eligibility

Small Scale Industries.

Brief

Benefits of the Scheme: Financial Assistance for procurement of Raw Material upto 90 days; SSI helped to avail Economics of Purchases like bulk purchase; cash discount etc; NSIC takes care of all the procedures, documentation & issue of Letter of credit in case of imports.