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" In order to give a big push to the utilization of the Technology Development and Modernization Fund, the following measures should be taken:
(i) Extensive publicity should be made and all Government development agencies have to prepare and offer modernization packages for various sub-sectors of SSI. SIDBI could assist connected research and development efforts under this programme;
(ii) The fund should buy software packages for improved technology from abroad. Modern machinery for demonstration purposes also should be obtained;
(iii) Loans under this Scheme should be routed through banks and adequate spread, say 4 per cent could be given to them to make the scheme attractive for them.
(iv) Some amount, say 10 per cent could also be provided out of this fund for matching the entrepreneurs’ contribution towards margin and thus making it easy for the banks to lend under the Scheme."
--S.L. Kapoor Committee Report on credit
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National Seminar
" RESTRUCTURING OF SSI FINANCE
TO FACE WTO "
For creating confidence in ssi sector to face the WTO
and plan for immediate emerging needs of the SSI Sector
Venue:Hotel Savera ,
Dr.Radhakrishna Salai
Chennai - 600 004
Date : 28 - 09 - 2001
Time : 9.30 Am. to 4.30 PM
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