National Small Industries Corporation (Ministry of Micro, Small and Medium Enterprises) launched a Raw Material Assistance Scheme which aims at helping MSMEs by way of financing the purchase of Raw Material (both indigenous & imported). This gives an opportunity to MSMEs to focus better on manufacturing quality products.<\/p>\n\n\n\n

Overview of Raw Material Assistance Scheme<\/strong><\/h3>\n\n\n\n

Name<\/td>	Raw Material Assistance Scheme<\/td><\/tr>
Also known as<\/td>	RMA<\/td><\/tr>
Launched by<\/td>	Government of India<\/td><\/tr>
Launch year<\/td>	2018<\/td><\/tr>
Nodal Ministry<\/td>	Ministry of Micro, Small and Medium Enterprises<\/td><\/tr>
Sector<\/td>	Central sector scheme<\/td><\/tr>
Objective<\/td>	focus better on manufacturing quality products.<\/td><\/tr>
Official website<\/td>	https:\/\/www.nsic.co.in\/schemes\/raw-material-against-bg.aspx<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n Objective and benefits of Raw Material Assistance Scheme<\/strong><\/h3>\n\n\n\n \u2022Financial assistance (Credit) for procurement of raw material up to 90 days.<\/p>\n\n\n\n \u2022Materials facilitated under Bulk supplies arrangements are provided at bulk supplier\u2019s rate by eliminating the middlemen and thus goods are procured at a lower price.<\/p>\n\n\n\n \u2022Discounts received under bulk supplies arrangements are shared with MSMEs, enabling them to reduce cost of purchase of materials (Economies of Scale).<\/p>\n\n\n\n \u2022Availability of raw material on credit and enabling MSMEs to execute the orders in hand.<\/p>\n\n\n\n How to apply for Raw Material Assistance Scheme<\/strong><\/h3>\n\n\n\n Click here:<\/p>\n\n\n\n www.nsic.co.in<\/a><\/p>\n\n\n\n External links<\/strong><\/h3>\n\n\n\n Raw Material<\/p>\n\n\n\n https:\/\/en.m.wikipedia.org\/wiki\/Raw_material<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" National Small Industries Corporation (Ministry of Micro, Small and Medium Enterprises) launched a Raw Material Assistance Scheme which aims at helping MSMEs by way of financing the purchase of Raw Material (both indigenous & imported). This gives an opportunity to MSMEs to focus better on manufacturing quality products. Overview of Raw Material Assistance Scheme Name…<\/p>\n","protected":false},"author":3,"featured_media":21092,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[30,33],"tags":[],"class_list":["post-2012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-central-govt-schemes","category-banking-financial-services-and-insurance"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/blog-portals.s3.ap-south-1.amazonaws.com\/Sarkariyojnaa\/wp-content\/uploads\/imgs\/nsic-scheme0.webp","medium":"https:\/\/blog-portals.s3.ap-south-1.amazonaws.com\/Sarkariyojnaa\/wp-content\/uploads\/imgs\/nsic-scheme0.webp","medium_large":"https:\/\/blog-portals.s3.ap-south-1.amazonaws.com\/Sarkariyojnaa\/wp-content\/uploads\/imgs\/nsic-scheme0.webp","large":"https:\/\/blog-portals.s3.ap-south-1.amazonaws.com\/Sarkariyojnaa\/wp-content\/uploads\/imgs\/nsic-scheme0.webp","1536x1536":"https:\/\/blog-portals.s3.ap-south-1.amazonaws.com\/Sarkariyojnaa\/wp-content\/uploads\/imgs\/nsic-scheme0.webp","2048x2048":"https:\/\/blog-portals.s3.ap-south-1.amazonaws.com\/Sarkariyojnaa\/wp-content\/uploads\/imgs\/nsic-scheme0.webp"},"magazineBlocksPostAuthor":{"name":"Ananya Shukla","avatar":"https:\/\/sarkariyojnaa.org\/wp-content\/wphb-cache\/gravatar\/924\/9245d9a7caec05d2f659703f2e39217cx96.jpg"},"magazineBlocksPostCommentsNumber":false,"magazineBlocksPostExcerpt":"National Small Industries Corporation (Ministry of Micro, Small and Medium Enterprises) launched a Raw Material Assistance Scheme which aims at helping MSMEs by way of financing the purchase of Raw Material (both indigenous & imported). This gives an opportunity to MSMEs to focus better on manufacturing quality products. Overview of Raw Material Assistance Scheme Name…","magazineBlocksPostCategories":["\u0915\u0947\u0902\u0926\u094d\u0930 \u0915\u0940 \u092f\u094b\u091c\u0928\u093e\u090f\u0902","Banking, Financial Services and Insurance"],"magazine_blocks_featured_image_url":{"full":["https:\/\/blog-portals.s3.ap-south-1.amazonaws.com\/Sarkariyojnaa\/wp-content\/uploads\/imgs\/nsic-scheme0.webp",929,468,false],"medium":["https:\/\/blog-portals.s3.ap-south-1.amazonaws.com\/Sarkariyojnaa\/wp-content\/uploads\/imgs\/nsic-scheme0.webp",300,151,false],"thumbnail":["https:\/\/blog-portals.s3.ap-south-1.amazonaws.com\/Sarkariyojnaa\/wp-content\/uploads\/imgs\/nsic-scheme0.webp",100,50,false]},"magazine_blocks_author":{"display_name":"Ananya Shukla","author_link":"https:\/\/sarkariyojnaa.org\/author\/ananya-abym\/"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/sarkariyojnaa.org\/wp-content\/wphb-cache\/gravatar\/924\/9245d9a7caec05d2f659703f2e39217cx96.jpg","magazine_blocks_category":"\u0915\u0947\u0902\u0926\u094d\u0930 \u0915\u0940 \u092f\u094b\u091c\u0928\u093e\u090f\u0902<\/a> Banking, Financial Services and Insurance<\/a>","yoast_head":"\n