| Particulars | Description |
|---|---|
| Name of the Scheme | Raw Material Assistance Scheme |
| Sponsored by | Central Government |
| Description | Raw Material Assistance Scheme aims at helping Small Scale Industries/Enterprises by way of financing the purchase of Raw Material (both indigenous & imported). |
| Beneficiaries | other, |
| Other Beneficiaries | Entrepreneurs |
| Benefits | |
| Benefit Type | Others, |
| Other Benefits | Financing the purchase of Raw Material (both indigenous & imported). |
| Eligibility criteria | The Entrepreneurs are required to apply for Raw Material Assistance only on the prescribed application forms. |
| How to Avail | The 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 URL | http://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, ) 