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Small Industries Service Institute (SISIs) ·     S mall Industries Service Institute, It provides a comprehensive range of services to the small scale industrial sector in Tamil Nadu in terms of technical assistance, Economic information services, provision of workshop facilities, training and other general consultancy services.        The activities of SISI Madras cover the whole of Tamilnadu and the Union Territory of Pondicherry. ·     It has two branch SISIs at Coimbatore and Tuticorin and one Extension Centre at Pondicherry. FUNCTIONS OF SISIs I. Consultancy Services           It provides following consultancy services to the large scale industries. ·         Technical ·         Managerial ·         Marketing II. Assistance to DICs SISI assists the District In...

Security Valuation . Meaning The process of determining how much a  security  is worth. Security valuation  is highly subjective, but it is easiest when one is considering the value of tangible assets, level of debt, and other quantifiable data of the company issuing a  security . What is 'Bond Valuation'? 1. Bond valuation is a technique for determining the theoretical fair value of a particular bond. 2. Bond valuation includes calculating the present value of the bond and future interest payments. 3. Its cash flow and maturity date are plays important role in calculating bond value. 4. An investor uses bond valuation to determine what  rate of return  could be get in future. 5. A bond is a debt instrument that provides a steady income stream to the investor in the form of  coupon payments. The characteristics of a regular bond include : Coupon rate : Some bonds have an interest rate, also known as the coupon rate, w...

District Industries Centre (DIC) It is an institution know for assisting to the budding entrepreneurs in terms of fulfilling financial requirements and legal filings.   Role of DIC ·          Accelerate the overall efforts for industrialisation of the district. ·          Rural industrialisation and development of rural industries and handicrafts. ·          Attainment of economic equality in various regions of the district. ·          Providing the benefit of the government schemes to the new entrepreneurs. ·       Centralisation of procedures required to start a new industrial unit and minimisation- of the   efforts and time required to obtain various permissions, licenses, registrations, subsidies etc. ·          Acts as the focal point ...

MSME Definition: The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006. Micro, Small and Medium enterprises were defined based on the investment level. Category Manufacturing Industries Service Industries Micro Less than 25 lakh Less than 10 lakh Small 25 L to 5 crore 10L to 2 Crore Medium 5 crore to 10 crore 2 crore to 5 crore Functional contributions of MSME 1. Creates large scale employment: Since the enterprises falling in this sector require low capital to start the business, it creates huge employment opportunities for many unemployed youth. India produces about 1.2 million graduates per year. And, there is no economy in the world that can provide jobs to so many fresh graduates in one year. MSME is the boon for many of these fresh manpower. 2. Economic stability in terms of Growth and Exports: MSME is a significant growt...