New Delhi: P Udayakumar, Director (P&M), NSIC, signed an MoU with PS Ojha, Convener, UP State Bio-Energy Development Board at Lucknow to support agri-entrepreneurs in creating waste to wealth. Additional Chief Secretary (Planning) Deepak Trivedi handed over the MoU to Udayakumar. Other officers present were Vijay Prakash, ZGM(N-1) NSIC, finance controller of UPSBEDB, the government of UP, Dr Gomti Dwivedi.
National Small Industries Corporation (NSIC)
National Small Industries Corporation (NSIC) is a Miniratna PSU under the administrative control of Ministry of Micro, Small and Medium Enterprises (MSME). NSIC has been working to promote, aid and foster the growth of micro, small and medium enterprises in the country. NSIC operates through countrywide network of offices and Technical Centres in the Country. In addition, NSIC has set up training-cum-incubation centre managed by professional manpower. NSIC had registered its highest business turnover of Rs. 22,457 crores in FY’18 compared to Rs 20,622 crores during the financial 2016-17 and the Profit (Before Tax and Provision for pay revision) amounted to Rs. 175.33 crore as against Rs 165.07 crore in FY’17.
(PSU Watch- India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)