NATIONAL SMALL INDUSTRIES CORPORATION LIMITED (NSIC)

May 29, 2019

NSIC has signed a MOU with Ministry of MSME for the year 2019-20.

Key Highlights of the MoU: 

  • Under the scheme of National SC-ST Hub being implemented by NSIC on behalf of the Ministry of MSME, it will continue to provide assistance to SC/ST entrepreneurs with the overall objectives to increase their participation in public procurement. 

  • NSIC projects to increase Revenue from Operation to 3100 crore in the year 2019-20. It also projects growth of 32% in Profitability during the year 2019-20. 

Source : PIB