What was the purpose of setting up National Small Industries Corporation (NSIC)? Discuss various programmes of financing under National Small Industries Corporation (NSIC).

The National Small Industries Corporation (NSIC) was established with the primary purpose of promoting, aiding, and fostering the growth of small-scale industries in India. Formed in 1955, it operates under the Ministry of Micro, Small, and Medium Enterprises (MSMEs). The NSIC plays a crucial role in providing support to new and small enterprises, facilitating their development, and ensuring their competitiveness in the market.

The overarching objectives of setting up NSIC include:

1. Promotion of Small Industries: NSIC aims to promote the growth of small-scale industries across various sectors by providing them with the necessary support, guidance, and resources.

2. Facilitation of Entrepreneurship: One of the key goals of NSIC is to encourage entrepreneurship by offering assistance to individuals willing to start their own ventures. By providing financing and _________ _____ _________ _________ ________ _________ ___ ____ ____.
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