Solution:

National Small Industries Corporation:

• Experience reveals that urban industrial estates have been more successful than semi-urban and rural estates.

• Rural estates have not been much successful due to lack sound infrastructural facilities.

• Therefore, efforts should be made to develop sound infrastructure in rural and suburban industrial estates. The small industry certainly needs a boost through industrial estates.

• But industrial estates should not simply become a housing colony for small units, irrespective of their merits.

• Encouraging the small units that do hot fit into the nation’s needs and the national priorities are pointless.

• Identification of the product, manufacturing which results in the promotion of labor-intensive industry and choosing the techniques that help promote the labor - and intensive manufacturing should be the objective of the industrial estates.

National Small Industries Corporation Ltd. (NSIC):

• The National Small Industries Corporation Ltd. (NSIC), an enterprise under the Union Ministry of Industries was set up in 1955 to promote and foster the growth of small-scale industries in the country.

• NSIC provides a wide range of services, predominantly promotional to small-scale industries.

Its main functions are:

• To provide machinery on a hire-purchase scheme to small-scale industries.

• To provide an equipment leasing facility.

• To help in export marketing of the products of small-scale industries.

• To develop a prototype of machines and equipment to pass on to small-scale industries for commercial production.

• To distribute basic raw materials among small-scale industries through raw material depots.

• To help in the development and up-gradation of technology and implementation of modernization programs of small-scale industries.

• To impart training in various industrial trades.

• To undertake the construction of industrial estates.