Performance and Credit Rating Scheme is expected to encourage SSI sector in improving contribution to the economy by way of increasing their productivity, since a good rating would enhance their acceptability in the market and also make access to credit quicker and cheaper .

Need of a Performance and Credit Rating Mechanism for SSIs was highlighted in Union Budget’04-05. A scheme for SSIs has been formulated in consultation with Indian Banks’ Association(IBA) and Rating Agencies. NSIC has been appointed the nodal agency for implementation of this scheme through empanelled agencies.

Salient Features

• A combination of credit and performance factors including operations, finance, business and management risk
• Uniform Rating Scale for all empanelled rating agencies.
• SSIs have the liberty to choose among the empanelled Rating Agencies.
• Turn-Over based Fee structure
• Partial Reimbursement of Rating Fee through NSIC

All Small-Scale Units in the country are eligible for the scheme.
 

Contact

National Small Industries Corporation Limited (A Government of India Enterprise)
NSIC Bhawan,
Okhla Industrial Estate,
New Delhi – 110 020, India
Tele: ++91-11-26926275, 26926370
Fax: ++91-11-26932075, 26311109