Question

Name the various government and institutional agencies for financial assistance to small scale industries.

Answer 1

For giving various types of financial assistance to the small scale industries the following government and institutional agencies are in operation – 

1. For Risk Capital: 

1. State Finance Corporation 

2. Small Industries corporation 

2. For Long-Term and Medium Term Loan: 

State Directorate of Industries 

3. For short term working capital: Commercial Bank 

4. For Hire Purchase: 

1. National Small Industries Corporation. 

2. Small Industries Development Corporation.