{"id":12555,"date":"2020-08-27T16:26:01","date_gmt":"2020-08-27T10:56:01","guid":{"rendered":"https:\/\/swaritadvisors.com\/learning\/?p=12555"},"modified":"2020-08-27T16:26:04","modified_gmt":"2020-08-27T10:56:04","slug":"nsic-schemes-a-guide-on-the-schemes-offered","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/learning\/nsic-schemes-a-guide-on-the-schemes-offered\/","title":{"rendered":"NSIC Schemes: A Complete Guide on the Schemes Offered"},"content":{"rendered":"\n

The term \u201cNSIC Schemes<\/em><\/strong>\u201d denotes the various schemes offered by NSIC to uplift the MSME sector of India. These schemes include SPRS, ASPIRE<\/em><\/strong>, etc. However, the MSMEs registered under NSIC are only eligible to avail of the privileges offered by these schemes. <\/p>\n\n\n\n

Further, the term \u201cNSIC Registration<\/a><\/em><\/strong>\u201d denotes a registration under a Mini Ratna Public Sector Unit<\/strong><\/em> (PSU) that aims to uplift the MSME sector of India. This PSU falls under the ambit of MoIT (Ministry of Information and Technology)<\/strong>[1]<\/a> <\/p>\n\n\n\n

Furthermore, NSIC stands for National Small Industries Corporation<\/strong><\/em>. It acts as an intermediary for the MSME Industry and bridges there need with various development schemes, such as Single Point Registration Scheme, Performance and Credit Rating Scheme, etc.<\/p>\n\n\n\n

In this blog, we\nwill thoroughly discuss the concept of NSIC Schemes, together with the process\nof registration.<\/p>\n\n\n\n

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Table of Contents<\/p>\n