Prsentation on : DIC, NIESBUD, CEDOK, TECSOK, IFCI, SFI and KSSIDC

Submitted to : Prof. Ashwini YaranalSubmitted by : Arun 05

Rural Development and Self Employment Training Institute (RUDSETI)

Rural Development & Self Employment Training Institute (RUDSETI) started in 1982 jointly by Sri Dharmasthala Manjunatheshwara Educational Trust, SyndicateBank and Canara Bank under the visionary leadership of Padmabhushan Dr. D. Veerendra Heggade, Dharmadhikari of Dharmasthala.

RUDSET Challenges Promoting EntrepreneurshipEmployment generation in rural areaResource utilization & Capital build-upCreating awarenessConfidence buildingEmpowerment to women & disadvantageous

group

04/15/2023 Collated by Maheshchandra Pathak 3

Industrial Development Bank of India (IDBI)

IDBI is the tenth largest bank in the world in terms of development.

The National Stock Exchange (NSE), The National Securities Depository Services Ltd. (NSDL), Stock Holding Corporation of India (SHCIL) are some of the institutions which has been built by IDBI.

IDBI is a strategic investor in number a of institutions which have revolutionized the Indian Financial Markets.

IDBI Bank, promoted by IDBI Group started in November 1995 with a branch at Indore with an equity capital base of Rs.1000 million

Role of IDBIPlanning , promoting and developing

industriesCo ordinating the working of

institutions.IDBI’s role as a catalyst(initiator).Development activities of IDBIpromotional activitiesentrepreneurship development

stages

TECSOK Technical Consultancy Services Organisation Of Karnataka

TECSOK is a Government of Karnataka Organisation engaged in providing multi-disciplinary consultancy services both to investors and Government Departments / Organisations. Since its inception in 1976, TECSOK has carried out wide range of consultancy assignments.

TECSOK intends to induct domain experts on contractual basis to complement the in-house expertise available in the organization. This will enable TECSOK to further explore the potential available in the market by synergizing the strengths of these domain experts. .

TECSOK Mainly helps for technical

industries like small computers shops installations

Helps for in-house installation projects like water treatment installation

Introduction of IFCIThe government of India set up the

IFCI under the IFCI act in July in 1948.It is the first development financial

institution in the country to cater to the long term financial needs of the industrial sectors.

The main objective of IFCI is to make medium and long term credits more readily available for industrial concerns in India.

Role of IFCITo provide much needed

guidance in project identification , formulation, implementation, operation to the new, tiny, small scale and medium scale entrepreneurs.

Fill in the gaps in the industrial infrastructure for promotion and growth of industries.

DISTRICT INDUSTRIES CENTERS (DIC)

The District Industries Centers (DIC’s) programme was started in 1978 with a view to provide framework at the district level for promotion of small scale industries in rural areas.

Registration of small industries is done at the district industries centre and PMRY (Pradhan Mantri Rojgar Yojana) is also implemented by DIC.

The organizational structure of DICS consists of General Manager, Functional Managers and Project Managers to provide technical services in the areas relevant to the needs of the district concerned.

The functions of DIC are:

To prepare and keep model project profiles for reference of the

entrepreneurs.

To prepare action plan to implement the schemes effectively

identified.

To conduct training programme .

To function as the technical consultant of DRDA in administering

IRDP(Integrated Rural Development Program) and TRYSEM

(TRAINING RURAL YOUTH FOR SELF EMPLOYMENT

TRYSEM) programme.

ROLE OF DICTechnical support for preparation of

Project Report. Information on sources of machinery &

Equipment. Priority in Power supply/ Telephone

connection. Promotion of new Industrial Estates/

Growth Centers.  Land/ Shed in Industrial Estate.  Approval of Project Reports of special

types.  Promotion of Electronic Industries.

NIESBUD:The National Institute for Entrepreneurship and

Small Business Development (NIESBUD) was established in 1983 by the then Ministry of Industry [now Ministry of Micro, Small & Medium Enterprises (MSMEs)], Government of India, as an apex body for coordinating and overseeing the activities of various institutions/agencies engaged in Entrepreneurship Development particularly in the area of small industry and small business. The Institute which is registered as a Society under Societies Registration Act, 1860 (XXI of 1860), started functioning from 6th July, 1983.

ROLE OF NIESBUDThe institute organizes:-

Entrepreneurship development programs,

Prepares manuals , and produces educational videos;

Its training activities are stimulating, supporting, and sustaining entrepreneurship.

A Central Industrial Finance corporation was set up under the industrial Finance corporations Act, 1948 in order to provide medium and long term credit to industrial undertakings which fall outside normal activities of commercial banks.

The State governments expressed their desire that similar corporations be set up in states to supplement the work of the Industrial financial corporation.

State governments also expressed that the State corporations be established under a special statue in order to make it possible to incorporate in the constitutions necessary provisions in regard to majority control by the government, guaranteed by the State government in regard to the payment principal.

In order to implement the views Expressed by the State governments the State Financial Corporation bill was introduced in the Parliament

Introduction of SFC

State Financial Corporations (sfcs) The state-level institutions have played an important role in the development of

small and medium enterprises in their respective states with the main objectives of financing and promoting these enterprises for achieving balanced regional growth.

The State Financial Corporations (sfcs) are state-level financial institutions, operating as regional development banks playing a crucial role in the development of small and medium enterprises in the states concerned in tandem with national priorities. 

There are 18 sfcs in the country, of which 17 were set up under the sfcs Act 1951.

Tamil Nadu Industrial Investment Corporation Ltd. Established in 1949 under the Companies Act as Madras Industrial Investment Corporation, also functions as a SFC.

Karnataka State Small Industries Development Corporation

KSSIDC was established on 29th April 1960.

The registered office of the Company started

functioning at Bangalore in the State of Karnataka.

The Company framed complete and well-defined

Memorandum of Association and Articles of

Association.

This permit the Corporation to take up any activity

aimed at the rapid development of small-scale

industry .

FUTURE PLANS

 Developing of New Industrial estates at Taluka levels.

 Developing of Growth Centre at Industrially Backward

areas.

Providing of effluent Treatment plants at required

estates.

Distribution of industrial raw materials to SSI units

established at Taluka levels on freight to pay basis.

To extend Hire Purchase Machinery Assistance

To Promote Small Industry Cluster Development

Programme

CEDOK (Centre for Entrepreneurship Development of Karnataka)

CEDOK was established in may 15, 1992 by Government of Karnataka.

An objective is to Skill Development programmers to expand the social and economic base of entrepreneurial class.

Cedok work comes under chamber of industry and commerce department.

The Head quarters of cedok is located in DHARWAD.

Main functions of CEDOK

1)To increase the supply of entrepreneurs through education, training and research.

2) To Produce multiplier effect on opportunities for self-employment.

3) To improve the managerial capabilities of small entrepreneurs.

4) To contribute to the dispersal of entrepreneurship and thus expand the social base of the entrepreneurial class in urban/ rural areas.

5) To be centre of learning for trainer-motivation on entrepreneurship development.

6) To contribute in growth of entrepreneurship cultures, spirit and entrepreneurship developing countries.

CEDOK’S EXPERTISE Designing and conducting entrepreneurship

development programmes throughout Karnataka. Designing self employment training programmes

for unemployed youth. Skill training programmes for women and rural

youth. Management development programmes. Faculty development programmes. Market survey and business plan preparation. Conducting monitoring and evaluation studies.

CEDOK PROVIDE TRAINING TO FOLLOWING SECTORS Motor driving Skills developing Beauty parlor training Communication Fashion designing Food processingOther (technical)

CEDOK provided Training to the peoples

Yearly average 1000 people Women’s entrepreneurs 164

Men entrepreneurs 716

Existing entrepreneurs 120

Total 1000

THANQ U

ALL