Skip to main content
National Small Industries Corporation Ltd.
(A Government of India Enterprise)
A Miniratna - Category -1, Public Sector Enterprise
Ministry of Micro, Small & Medium Enterprises – Government of India
Government of India
Ministry of MSME

Media & News  Media Home

NSIC Celebrates Independence Day

Shri Vijayendra, (IAS) ,CMD,NSIC unfurled the National Flag on India’s 74th Independence Day .Shri P.Udayakumar, Director (P&M), NSIC along with  Senior officials attended the flag hoisting ceremony at the Corporate Office, New Delhi .The program was organised keeping in view  the necessary guidelines issued by MHA for safety on Covid 19 epidemic.  Shri Vijayendra, (IAS) ,CMD,NSIC in his thoughtful speech on the occasion paid tribute and remembered all the freedom fighters as also the frontline warriors who relentlessly worked during the Covid-19 Pandemic. Further, to give more impetus to MSMEs growth, he added that  NSIC will shortly form a  SPV which will anchor Fund of Funds for MSMEs with a corpus “ Mother Fund “ of Rs.10000 crores to provide equity funding through Daughter funds (around Rs.40000 crores) to MSMEs having growth potential .

Shri Vijayendra, (IAS) ,CMD,NSIC unfurled the National Flag on India’s 74th Independence Day .Shri P.Udayakumar, Director (P&M), NSIC along with Senior officials attended the flag hoisting ceremony at the Corporate Office, New Delhi .The program was organised keeping in view the necessary guidelines issued by MHA for safety on Covid 19 epidemic. Shri Vijayendra, (IAS) ,CMD,NSIC in his thoughtful speech on the occasion paid tribute and remembered all the freedom fighters as also the frontline warriors who relentlessly worked during the Covid-19 Pandemic. Further, to give more impetus to MSMEs growth, he added that NSIC will shortly form a SPV which will anchor Fund of Funds for MSMEs with a corpus “ Mother Fund “ of Rs.10000 crores to provide equity funding through Daughter funds (around Rs.40000 crores) to MSMEs having growth potential .

17 Aug 2020