Setting out Policy Objectives
Tripura Small Industries Corporation Ltd
The main functions of TSIC Ltd. would be to aid, advise, assist, protect and promote small industries in the state and also to render marketing assistance to micro, small, medium enterprises in the state.
The corporation presently confronts working capital shortage and is essentially dependent on the equity support from the state government for maintaining its regular activities. Secondly, it has excess manpower. To overcome these problems, it would take a five year action plan to increase its business activity to reduce the dependence on the state government by diminishing the share capital contribution by 10% every year and by restructuring the organization.
It would also give a special drives to produce quality products confirming market demand, improve the productivity and minimize the over-head expenditure. TSIC would accentuate on trading activities like marketing of furniture, trading of automobile spare parts, country liquor in poly pouch pack, whole sale of medicine and manufacturing and selling of bricks.