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Functions of District Industry, Center :, The main function of DIC is to act as chief co-ordinator for promotion, and development of industries, especially in rural areas and small, industries., , 1. Motivation of Future Entrepreneurs :, The DIC conducts EDP (Entrepreneurial Development Programmes), for identifying and motivating the prospective Entrepreneurs. This is, carried out by conducting camps and EDP in Panchayats, Institutes, of Rural Development (IRD) and CD-wing (Community, Development)., , 2. Selection of Projects :, DIC give technical guidance to new entrepreneurs for the selection of, suitable projects., , 3. Provisional Registration Under SSI :, Entrepreneurs are issued provisional SSI registration after selection of, projects. This registration is essential for getting assistance from, financial institutions., , 4. Purchase of Fixed Assets :, DIC sponsors loan applications to TIIC, SIDCO and banks for, purchase of land and buildings, purchase of plant and machinery. It, also sanctions margin money under Rural Industries Project Loan, Scheme payable to other financial agencies., , 5. Clearances from Various Departments :, It issues No Objection Certificates and takes initiative to get clearance, from various departments. It takes follow up actions for power, connection., , 6. Assistance to Raw Material Supplies :, It makes necessary recommendations to the concerned raw materials, suppliers and issues the required certificates for the import of raw, materials and machinery where required.
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7. Assistance to village Artisans and, Handicrafts :, DIC arranges the financial assistance from the lead bank or, nationalised banks in the respective areas., , 8. Interest-free Sales Tax Loan :, DIC issues sanction order for interest-free Sales Tax Loan available, for SIDCO. This loan is available to SSI units, set up in rural areas., The maximum limit of loan is 8% of the total fixed assets., DIC also recommends the SSI units to National Small Industries, Corporation (NSIC) for registration for Government Purchase, Programme., , 9. Subsidy Schemes :, DIC assists SSI units and rural artisans (tiny industries) to get, subsidies on power, interest for engineers and IRDP Scheme from, concerned institutions., , 10. Training Programmes :, DIC conducts training programmes for rural entrepreneurs. It also, assists other agencies involved in training of small entrepreneurs.