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ANNUAL REPORT - Dc Msme

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Annual Report<br />

2010-11<br />

Chapter -VIII NSIC<br />

(i) Raw Materials Facilitation<br />

of materials like Steel,<br />

Aluminium, Zinc, Copper, PTA,<br />

Paraffin, Wax etc. to MSMEs<br />

was to the tune of Rs 4,974<br />

crore as on 31st December,<br />

2010 as against Rs 4,301 crore<br />

for the financial year 2009-<br />

10.<br />

(ii) Portfolio under Raw Material<br />

Assistance against Bank<br />

Guarantee increased to Rs 812<br />

crore up to 31st December,<br />

2010 from Rs 578 crore for the<br />

financial year 2009-10.<br />

(iii) Revenue from Government<br />

154<br />

Purchase Scheme and B2B<br />

portal was Rs.5.55 crore,<br />

during the last financial<br />

year and during the current<br />

financial year up to 31st December, 2010 revenue of<br />

Rs 4.11 crore was generated.<br />

8.4 DIVIDEND<br />

In view of the improved<br />

performance, NSIC for the fourth<br />

year in a row paid dividend. For the<br />

year 2009-10 dividend of Rs. 4.85<br />

crore (i.e. @ 20% of the Net Profit)<br />

for the financial year 2009-10 to<br />

the Government.<br />

The then Union Minister of State (I/C) for MSME Shri Dinsha Patel receiving<br />

dividend cheque from Dr. H.P. Kumar, CMD NSIC in the presence of Shri Dinesh<br />

Rai, the then Union Secretry, Shri Amarendra Sinha, Joint Secretary, Shri R.K.<br />

Manchanda, EA and Shri Ravindra Nath, Director (NSIC)<br />

MSME

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