Friday, December 18, 2009

Details of Raw Material Assistance Scheme
ParticularsDescription
Name of the SchemeRaw Material Assistance Scheme
Sponsored byCentral Government
DescriptionRaw Material Assistance Scheme aims at helping Small Scale Industries/Enterprises by way of financing the purchase of Raw Material (both indigenous & imported).
Beneficiariesother,
Other BeneficiariesEntrepreneurs
Benefits
Benefit TypeOthers,
Other Benefits Financing the purchase of Raw Material (both indigenous & imported).
Eligibility criteriaThe Entrepreneurs are required to apply for Raw Material Assistance only on the prescribed application forms.
How to AvailThe process involves: 1.Duly filled application form is to be submitted along with the Application Processing Fee ( by Bank Draft / Pay Order in favour of NSIC Ltd.). 2.Preliminary appraisal and Unit inspection is carried out by NSIC. 3.Sanction of Limit to the Unit. 4. Signing of agreement between NSIC and Unit. 5. Disbursement of assistance to the unit.
Validity of the Scheme
Introduced On 31 / 05 / 2004
Valid Upto 31 / 05 / 2011
Reference URLhttp://www.nsic.co.in/rma.asp (External website that opens in a new window)

Source: National Portal Content Management Team (Ministry of Micro, Small and Medium Enterprises, )

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