Module 18: Institutes for Industrial Development (BSFC, BICICO, BIADA, DIC)
Key Industrial Development Institutes:
- Bihar State Financial Corporation (BSFC): Established in 1954 under the State Financial Corporation Act, 1951, to provide long-term credit to small and medium enterprises.
- BICICO (Bihar State Credit and Investment Corporation Limited): Established in 1975 to provide term loans up to Rs. 90.00 lakhs for medium and large-scale industrial units.
- Bihar Industrial Area Development Authority (BIADA): Constituted under the Bihar Industrial Area Development Act, 1974 to acquire land and develop industrial infrastructure (roads, power, drainage, water) across 4 regional offices: Patna, Darbhanga, Muzaffarpur, and Bhagalpur.
- District Industries Centre (DIC): Established in all districts to assist micro, small, and medium enterprises. Acts as the primary implementing agency for PMEGP, disbursing over 80 percent of margin money subsidies.
- Bihar State Financial Corporation (BSFC): Established in 1954 under the State Financial Corporation Act, 1951, to provide long-term credit to small and medium enterprises.
- BICICO (Bihar State Credit and Investment Corporation Limited): Established in 1975 to provide term loans up to Rs. 90.00 lakhs for medium and large-scale industrial units.
- Bihar Industrial Area Development Authority (BIADA): Constituted under the Bihar Industrial Area Development Act, 1974 to acquire land and develop industrial infrastructure (roads, power, drainage, water) across 4 regional offices: Patna, Darbhanga, Muzaffarpur, and Bhagalpur.
- District Industries Centre (DIC): Established in all districts to assist micro, small, and medium enterprises. Acts as the primary implementing agency for PMEGP, disbursing over 80 percent of margin money subsidies.
- Bihar State Financial Corporation (BSFC): Established in 1954 under the State Financial Corporation Act, 1951, to provide long-term credit to small and medium enterprises.
- BICICO (Bihar State Credit and Investment Corporation Limited): Established in 1975 to provide term loans up to Rs. 90.00 lakhs for medium and large-scale industrial units.
- Bihar Industrial Area Development Authority (BIADA): Constituted under the Bihar Industrial Area Development Act, 1974 to acquire land and develop industrial infrastructure (roads, power, drainage, water) across 4 regional offices: Patna, Darbhanga, Muzaffarpur, and Bhagalpur.
- District Industries Centre (DIC): Established in all districts to assist micro, small, and medium enterprises. Acts as the primary implementing agency for PMEGP, disbursing over 80 percent of margin money subsidies.
Answer this question, then use Next.
In which year was BIADA constituted under the statutory provisions of the Bihar Industrial Area Development Act?
One-liners
Write your answer, then submit to see the correct answer.
Bihar State Financial Corporation (BSFC): Established in ______ under the State Financial Corporation Act, 1951, to provide long-term credit to small and medium enterprises.
1954BICICO (Bihar State Credit and Investment Corporation Limited): Established in ______ to provide term loans up to Rs. 90.00 lakhs for medium and large-scale industrial units.
1975Bihar Industrial Area Development Authority (BIADA): Constituted under the Bihar Industrial Area Development Act, ______ to acquire land and develop industrial infrastructure (roads, power, drainage, water) across 4 regional offices: Patna, Darbhanga, Muzaffarpur, and Bhagalpur.
1974District Industries Centre (DIC): Established in all districts to assist micro, small, and medium enterprises. Acts as the primary implementing agency for PMEGP, disbursing over 80 percent of margin money subsidies.
Established in all districts to assist micro, small, and medium enterprises. Acts as the primary implementing agency for PMEGP, disbursing over 80 percent of margin money subsidies.