| AIMS
AND OBJECTIVES OF COSIDICI |
Cosidici is
a national federation of State Level Financial Institutions comprising
State Financial Corporations (SFCs), State Industrial Development Corporations
(SIDCs), State Industrial Investment Corporation and State Infrastructure
Development Corporatons,engaged in promotion, development and financing
of industry mainly in the small and medium sector. Cosidici is a registered
Society under the Societies Registration Act, 1860 and has its own office
in the Scope Complex, New Delhi. The objectives of the Cosidici are to
:
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provide and arrange
means and facilities for dissemination of knowledge and information relating
to promotion and development of industries, for exchange of views and ideas
on subjects of common interest to all Member Corporations.
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promote, protect
and develop common interests of the various Member Corporations.
-
establish and
maintain at the Registered Office a Commercial and Technical Library and
Information Centre for use of Member Corporations.
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co-operate with
various institutions and organisations in India and abroad in the collection
and exchange of information pertaining to industries.
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sponsor professional,
technical, management, marketing and other programmes and services for
the benefits of the Member Corporations.
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sponsor studies,
surveys, research and development projects pertaining to industries.
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promote co-ordination,
collaboration, joint participation and general understanding among the
Member Corporations.
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organise common
service facilities, courses, seminars, meetings and study tours for the
benefit of the Member Corporations.
-
institute awards
for outstanding and meritorious performance in the activities connected
with development of industries.
-
seek representation
for the Member Corporations on Government sponsored committees, councils,
bodies, term lending institutions, teams etc. connected with the development
of industries.
-
render assistance
to Member Corporations in their efforts to improve efficiency of operations
of their assisted and sponsored units.
-
establish contacts,
relations with trade organisations, associations, Chambers of Industries
or Commerce of India and abroad in furtherance of the objectives of the
COSIDICI.
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liaise with and
to represent to the Central and State Governments, the term lending and
other financial institutions on the common problems and issues of the Member
Corporations.
-
co-operate and
affiliate, if necessary, with other similar bodies, institutions associations
in India and abroad with the intention of furthering the objectives of
the Cosidici.
-
do all such other
things as may be incidental or conducive to the attainment of the above
objectives.
COSIDICI provides
a common platform to the aforesaid State Level Financial Institutions (SLFIs)
for ventilating their problems and grievances to the Government and All-
India Financial Institutions and serve as a mouthpiece of the sector for
influencing the policies of the Government / National Financial Institutions.
Ever since its inception in 1976, Cosidici has been playing its role commendably
and has significantly produced the desired impact on the growth of the
SLFI sector by providing training programmes for senior executives of its
Memeber Corporations as well as offering and conducting consultancy/advisory
services, studies in specific areas with a view to bringing about enhancement
in managerial and organisational skill to the Member Corporations.
The website
launched by COSIDICi ( URL No. http://www.cosidici.com) on 7th April, 2000
contains comprehensive information regarding promotional and development
scheme of the State Corporations for setting up of industries and is aimed
to serve as a useful guide to the potential investors from inside and outside
the country which also indicates state-wise investment opportunities and
incentives available to the prospective entrepreneurs.
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