Resource Mobilization- Finance

Description

Resources available to finance & support new ventures
Nidhish Patil
Flashcards by Nidhish Patil, updated more than 1 year ago
Nidhish Patil
Created by Nidhish Patil over 3 years ago
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Resource summary

Question Answer
MSFC (Maharashtra State Finance Corporation) Land & plant- Machinery Purchase Long Term loan (10-15 yr)
MIDC (Maharashtra Industrial Development Corporation) Provides land Power, Water etc at concessional rates Waste disposal Common facilities Special Zones for some industries
Commericial Banks Short term loans Current account Overdraft facility Working capital ICICI, HDFC
Co-operative banks Short term loans Current account Overdraft facility Working capital Bank guarantee Higher interest DNS, Abhinav
DIC (District Industries Center) Development programmes Project selection Incentive schemes SSI certificate Purchase of machinery Subsidy on sales tax Assistance to rural entrepreneurs
SISI (Small Industries Service Institute) Training Workshop facility Management courses marketing assistance Export assistance project report Buyer- seller meet/exhibitions Rehabilitation of sick units Library
SIETI (Small Industries Extension Training Institute) Training Management consultancy Planning support Rehabilitation of sick units
MITCON (Maharashtra Industries Technical & Consultancy Organization) Technical & management advice to large & medium scale companies with fees Collaboration with govt agencies Training & project development Updated information about market position productivity increase Modernization Advice on incentive schemes Technology transfer Import-export trade Training of advisors
SICOM (State Investment Corporation of Maharashtra ) Loan upto 1.5 Cr for setting up project Refinance of running industries (with IDBI) Acts as development bank Market development assistance Seed capital scheme Machinery hire scheme Basic amenities
IDBI (Industrial Development Bank of India) Direct control of Reserve Bank Finance for project, machinery, working capital, bill discounting,raw materials etc Refinance to pay loans Forex, debenture trustee Sponsors consultancy firms
IFCi (Industrial Finance Corporation of India) Growth & promotion of industries Development of Rural & underprivileged sections Project Development facilities Encouraging self employment Promote use of indigenous technology Energy conservation projects Revival of sick units in tiny sector
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