What is District Industries Centers ?
-
Subject:
Business Studies -
Author:
kurly -
Created:
1 year ago
Answers 2
Answer:
The 'District Industries Centre' (DICs) programme was started by the central government in 1978 with the objective of providing a focal point for promoting small, tiny, cottage and village industries in a particular area and to make available to them all necessary services and facilities at one place.
-
Author:
erinsxyk
-
Rate an answer:
13
Answer:
District Industries Centre (DIC) is a central sector scheme with the objective of promoting small village and cottage industries in a particular area. The DICs have been established in various districts of India at varying times since 1978 when it was launched. Being established at the district level, the District Industries Centres provide all the necessary services and support to facilitate entrepreneurs in setting up MSMEs (Micro, Small and Medium enterprises).
The reason why the Centre came up with the idea of establishing District industries Centres is that the need for developing industries at a faster rate was felt. The economy was plateauing and the need to revive it and to shift the focus from agriculture to industries was felt. With this, the Centre established District Industries Centres in various districts of the country to expedite the establishment as well as developing industries in the districts. Being a central sector scheme, it is 100% funded by the centre with the states not required to make any contributions towards establishing the same.
-
Author:
einsteinxkij
-
Rate an answer:
9