Admin Table of Contents
What is the importance of district industries Centre?
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.
What is meant by District industries Centre?
The District Industries Centre is the institution at the District level, which provides all the services and support facilities to the entrepreneur for setting up Micro, Small and Medium Enterprises. This Centre caters to Promotion of MSMEs as also Registration and Development of Industrial Cooperatives.
What is the role of District industries Centre in entrepreneurship development?
District Industries Centers (DICs) provide full assistance to the entrepreneurs who are going to start the business on their own and in their regional places. These centers provide service and support to small entrepreneurs under a single roof at both pre and post investments.
What are the benefits to industrial units located in backward areas?
Raw materials : Units located in backward areas get preferential treatment in the matter of allotment of scarce raw materials like cement, iron and steel etc. 7. Finance : Subsidy of 10-15% is given for building capital assets, loans are also offered at concessional rates : 8.
What are the problems of rural entrepreneurship?
Some of the major difficulties faced by rural entrepreneurs include a low level of purchasing power of rural consumers so sales volume is insufficient, reduced profits due to competition, lack of financial assistance, and power failure are shown in Figure 2.
Who is the head of District Industries Centre?
Joint Director is the head of the District Industries Centre. The post of Joint Director is of the rank of Special Deputy Commissioner (Revenue). The Joint Director is assisted by Deputy Director/ Assistant Director, Industrial Promotion Officer and Industrial Extension Officer at taluk level.
What are industrial advantages?
The advantages of industrialization are given below: The growth of industries has resulted in large scale production of goods which are available to the consumer at much cheaper rates. There is saving of time and labor. Industrialization has resulted in a considerable rise in the standard of living of the people.
What are the merits of industry?
Benefits of Industry 4.0
- Improved Productivity. In simple terms, Industry 4.0 technologies enable you to do more with less.
- Improved Efficiency.
- Increased Knowledge Sharing and Collaborative Working.
- Flexibility and Agility.
- Makes Compliance Easier.
- Better Customer Experience.
- Reduces Costs.
- Creates Innovation Opportunities.
What are the problems of rural entrepreneurship in India?
Problems of Rural Entrepreneurship
- Paucity of Funds.
- Lack of technical know-how.
- Lack of training and development.
- Non-availability of skilled labours.
- Risk Element.
- Legal Formalities.
- Lack of technical knowledge.
- Lack of Quality Control.
What are the problems faced by rural people in India?
The challenges in rural areas are massive. Some general challenges are Illiteracy, unemployment, malnutrition, lack of infrastructure, transportation, medical facility, fundamental needs (electricity, drinking water, sanitation, communication), and geographical inaccessibility.