FINANCIAL INSTITUTES

Prsentation on : DIC, NIESBUD, CEDOK.Submitted to : Prof. Ashwini YaranalSubmitted by : Altaf 02 Arun 05 Shivkumar 08Dastgir pasha (Arshad) 11Feroz 23Ningangouda 25Praveen 27Ratan 32Shreeshail Sateesh 35Rural Development and Self Employment Training Institute (RUDSETI)Rural Development & Self Employment Training Institute (RUDSETI) started in 1982 jointly by Sri Dharmasthala Manjunatheshwara Educational Trust, SyndicateBank and Canara Bank under the visionary leadership of Padmabhushan Dr. D. Veerendra Heggade, Dharmadhikari of Dharmasthala. RUDSET Challenges Promoting EntrepreneurshipEmployment generation in rural areaResource utilization & Capital build-upCreating awarenessConfidence buildingEmpowerment to women & disadvantageous group

4/16/2015Collated by Maheshchandra Pathak3Industrial Development Bank of India (IDBI)

IDBI is the tenth largest bank in the world in terms of development.

The National Stock Exchange (NSE), The National Securities Depository Services Ltd. (NSDL), Stock Holding Corporation of India (SHCIL) are some of the institutions which has been built by IDBI.

IDBI is a strategic investor in number a of institutions which have revolutionized the Indian Financial Markets.

IDBI Bank, promoted by IDBI Group started in November 1995 with a branch at Indore with an equity capital base of Rs.1000 million

Role of IDBIPlanning , promoting and developing industriesCo ordinating the working of institutions.IDBIs role as a catalyst(initiator).Development activities of IDBIpromotional activitiesentrepreneurship development stages TECSOK Technical Consultancy Services Organisation Of Karnataka

TECSOK is a Government of Karnataka Organisation engaged in providing multi-disciplinary consultancy services both to investors and Government Departments / Organisations. Since its inception in 1976, TECSOK has carried out wide range of consultancy assignments.

TECSOK intends to induct domain experts on contractual basis to complement the in-house expertise available in the organization. This will enable TECSOK to further explore the potential available in the market by synergizing the strengths of these domain experts. .TECSOK Mainly helps for technical industries like small computers shops installations Helps for in-house installation projects like water treatment installationIntroduction of IFCIThe government of India set up the IFCI under the IFCI act in July in 1948.It is the first development financial institution in the country to cater to the long term financial needs of the industrial sectors.The main objective of IFCI is to make medium and long term credits more readily available for industrial concerns in India.Role of IFCITo provide much needed guidance in project identification , formulation, implementation, operation to the new, tiny, small scale and medium scale entrepreneurs.Fill in the gaps in the industrial infrastructure for promotion and growth of industries.DISTRICT INDUSTRIES CENTERS (DIC)

The District Industries Centers (DICs) programme was started in 1978 with a view to provide framework at the district level for promotion of small scale industries in rural areas.Registration of small industries is done at the district industries centre and PMRY (Pradhan Mantri Rojgar Yojana) is also implemented by DIC.The organizational structure of DICS consists of General Manager, Functional Managers and Project Managers to provide technical services in the areas relevant to the needs of the district concerned.The functions of DIC are:

To prepare and keep model project profiles for reference of the entrepreneurs.To prepare action plan to implement the schemes effectively identified. To conduct training programme .To function as the technical consultant of DRDA in administering IRDP(Integrated Rural Development Program) and TRYSEM (TRAINING RURAL YOUTH FOR SELF EMPLOYMENT TRYSEM) programme.

ROLE OF DICTechnical support for preparation of Project Report.Information on sources of machinery & Equipment. Priority in Power supply/ Telephone connection. Promotion of new Industrial Estates/ Growth Centers. Land/ Shed in Industrial Estate. Approval of Project Reports of special types. Promotion of Electronic Industries.

NIESBUD:The National Institute for Entrepreneurship and Small Business Development (NIESBUD) was established in 1983 by the then Ministry of Industry [now Ministry of Micro, Small & Medium Enterprises (MSMEs)], Government of India, as an apex body for coordinating and overseeing the activities of various institutions/agencies engaged in Entrepreneurship Development particularly in the area of small industry and small business. The Institute which is registered as a Society under Societies Registration Act, 1860 (XXI of 1860), started functioning from 6th July, 1983. 13ROLE OF NIESBUDThe institute organizes:-

Entrepreneurship development programs,

Prepares manuals , and produces educational videos; Its training activities are stimulating, supporting, and sustaining entrepreneurship.

A Central Industrial Finance corporation was set up under the industrial Finance corporationsAct, 1948 in orderto provide medium and long termcredit to industrial undertakings which fall outside normal activities ofcommercial banks.The State governments expressed their desire that similar corporations be setup in states to supplement the work of theIndustrial financial corporation. State governments also expressed that the State corporations be established under aspecial statue in order to makeitpossible to incorporate in the constitutions necessary provisions in regard to majority controlby the government, guaranteed by the State government inregard to the payment principal.In order toimplement the views Expressed by the State governments theState Financial Corporation bill was introduced inthe Parliament

Introduction of SFCState Financial Corporations (sfcs)The state-level institutions have played an important role in the development of small and medium enterprises in their respective states with the main objectives of financing and promoting these enterprises for achieving balanced regional growth. The State Financial Corporations (sfcs) are state-level financial institutions, operating as regional development banks playing a crucial role in the development of small and medium enterprises in the states concerned in tandem with national priorities.There are 18 sfcs in the country, of which 17 were set up under the sfcs Act 1951. Tamil Nadu Industrial Investment Corporation Ltd. Established in 1949 under the Companies Act as Madras Industrial Investment Corporation, also functions as a SFC.Karnataka State Small Industries Development Corporation KSSIDC was established on 29thApril 1960.The registered office of the Company started functioning at Bangalore in the State of Karnataka. The Company framed complete and well-defined Memorandum of Association and Articles of Association. This permit the Corporation to take up any activity aimed at the rapid development of small-scale industry .

FUTURE PLANSDeveloping of New Industrial estates at Taluka levels.Developing of Growth Centre at Industrially Backward areas.Providing of effluent Treatment plants at required estates.

Distribution of industrial raw materials to SSI units established at Taluka levels on freight to pay basis.To extend Hire Purchase Machinery AssistanceTo Promote Small Industry Cluster Development Programme

CEDOK (Centre for Entrepreneurship Development of Karnataka)CEDOK was established in may 15, 1992 by Government of Karnataka. An objective is to Skill Development programmers to expand the social and economic base of entrepreneurial class. Cedok work comes under chamber of industry and commerce department. The Head quarters of cedok is located in DHARWAD.

Main functions of CEDOK1)To increase the supply of entrepreneurs through education, training and research.2) To Produce multiplier effect on opportunities for self-employment.3) To improve the managerial capabilities of small entrepreneurs.4) To contribute to the dispersal of entrepreneurship and thus expand the social base of the entrepreneurial class in urban/ rural areas.5) To be centre of learning for trainer-motivation on entrepreneurship development.6) To contribute in growth of entrepreneurship cultures, spirit and entrepreneurship developing countries.

CEDOKS EXPERTISE Designing and conducting entrepreneurship development programmes throughout Karnataka. Designing self employment training programmes for unemployed youth.Skill training programmes for women and rural youth. Management development programmes. Faculty development programmes.Market survey and business plan preparation. Conducting monitoring and evaluation studies.

CEDOK PROVIDE TRAINING TO FOLLOWING SECTORS Motor driving Skills developing Beauty parlor training Communication Fashion designing Food processingOther (technical)

CEDOK provided Training to the peoples Yearly average 1000 people

Womens entrepreneurs 164Men entrepreneurs 716Existing entrepreneurs 120Total 1000

THANQ U ALL