๐๏ธ Institutions and Their Role in Financing SSIs
๐ฆ A. SIDBI (Small Industries Development Bank of India)
โ Directly finances small scale and micro industries through refinance schemes and direct assistance.
๐ B. World Bank
โ Does not directly finance SSIs.
It provides funds to governments and financial institutions, not directly to small businesses.
๐๏ธ C. IDBI (Industrial Development Bank of India)
โ Primarily focused on large industrial development projects and refinancing โ not direct financing to SSIs.
๐ฐ D. IMF (International Monetary Fund)
โ IMF does not directly finance businesses or SSIs.
It provides macroeconomic financial aid to countries, not to enterprises.
๐งฐ E. NSIC (National Small Industries Corporation)
โ Directly supports SSIs through:
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๐ฆ Credit facilitation
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๐ข Marketing assistance
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๐ Raw material support
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And more