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Different Institutional Setups (SIDCO, SIPCOT, SISis)

Different Institutional Setups SIPCOT - State Industries Promotion Corporation of Tamil Nadu Limited Objectives SIPCOT has rendered fruitful services to the state by identifying, developing, maintaining industrial areas in backward and most backward talukas of the State, which had potential to grow. Establish, develop, maintain and manage industrial complexes, parks and growth centres at various places across the State of Tamil Nadu. SIPCOT's role in assisting the industrialization in the State is not only quantitative but also qualitative. To ensure a good impact with the available limited resources, SIPCOT has created Industrial Complexes and Parks, strategically located in Nineteen places and Twelve Districts, which occupy a place of pride in the State's industrial map. Functions of SIPCOT The Functions of State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) are ] Development of industrial complexes/parks/industrial e...

Difference between Perfect competition and Monopoly competition

SISIs

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: Bond valuation: Meaning, Characteristics and valuations

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), Meaning, Role and Challenges

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 ...