Question : ASSISTANCE BY NSIC



(a): whether the National Small Industries Corporation Ltd. (NSIC) provides assistance to foster the growth of small scale industries;

(b): if so, the details of schemes/programmes drawn and Memorandum of Understandings` signed by NSIC during 2005-06;

(c): whether the Government has signed any agreement for setting up of vocational training centre in construction sector; and

(d): if so, the details alongwith the present status of the projects?

Answer given by the minister

MINISTER OF SMALL SCALE INDUSTRIES & AGRO AND RURAL INDUSTRIES (SHRI MAHABIR PRASAD)

(a)to(d): A statement is placed on the Table of the House.

STATEMENT REFERRED TO IN THE REPLY TO PART (a) TO (d) IN RESPECT OF LOK SABHA STARRED QUESTION NO. 549 FOR ANSWER ON 23.05.2006.

(a): Yes, Sir.

(b): For the development of small scale industries, National Small Industries Corporation Ltd. (NSIC) provides assistance for marketing, credit and technology. Corporation`s main schemes are as under :

Marketing related schemes Single Point Registration for Government Purchase Consortia and Tender Marketing Exhibition & Buyer-Seller Meets Raw Material Distribution

Credit related schemes Financing for Purchase of Equipment, raw Material & Marketing

Performance and Credit Rating Scheme Technology related schemes Practical Training in Conventional and High Technologies Testing & Common Facilities

Other schemes Infomediary services Mentoring and Advisory Services

During 2005-06, NSIC has signed Memoranda of Understanding (MoUs) with seven credit rating agencies under the Performance and Credit Rating scheme, with five commercial banks for sanction of term & working capital loans and with 12 industry associations for publicity and dissemination of information about the schemes of the Corporation. Similarly, NSIC has signed MoUs with agencies concerned of South Korea, Fiji, United Arab Emirates and Trinidad & Tobago for promoting international cooperation at enterprise-to- enterprise and at institutional levels.

(c): Yes, Sir.

(d): The National Small Industries Corporation Ltd. and the Ministry of External Affairs, Government of India had entered, under the ITEC programme, into an agreement to set up a Vocational Training Centre (VTC) for the construction sector at Jakarta, Indonesia on 10 July, 2003. The total cost of the project was Rs. 308.70 lakh. The project was successfully completed within the scheduled time frame and handed over to the Government of Indonesia on 20 July, 2005. This Centre provides training in trades related to carpentry, masonry and brick works, survey, steel works, form works and welding.