National Small Industries Corporation (NSIC) signed an Memorandum of Understanding (MOU) with Ministry of Micro, Small and Medium Enterprises(MSMEs). The MOU for the year 2015-16 was signed by Shri RavindraNath, CMD, NSIC with Shri Madhav Lal, Secretary, MSME, Government of India. Also present during the MOU signing ceremony were Shri S.NTripathi, Joint Secretary, MSME, ShriP.Udayakumar, Director(P&M), NSIC and Shri B.H.Anil Kumar, Joint Secretary (ARI).
The said MOU envisages provision of enhanced services by NSIC under its Financial, Marketing, Technology Services and other support services schemes for MSMEs in the country.
Shri RavindraNath, CMD, NSIC informed that special focus will also be given by NSIC to enhance the entrepreneurship and skill development activities through setting up livelihood incubation centres under the Scheme for “Promotion of Innovation, Entrepreneurship and Agro- Industry”of Ministry of MSME.