Describe three important subsidies offered the governement to small-scale enterprises.

Explanation

1.National Bank for Agriculture and Rural Development (NABARD)


NABARD established by the government in 1982 to give action and to promote the rural industries. It has adopted multi-purpose strategies in promoting in rural business in India. It supports small industries, rural artisans, rural industries, cottage industries along with agriculture. Also, it sets up training and counselling plus it gives development programmes for rural entrepreneurs.


2. ‎A Rural Small Business Development Centre (RSBDC)


RSBDC is a government centre sponsored by NABARD for micro, small and medium businesses which is set up by world organization. The primary purpose of RSBDC is to work for socially and financially disadvantaged people and groups. RSBDC does many programmes on skill up gradation, entrepreneurship, awareness, counselling and training.


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