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Punjab IT Board

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Punjab Small Industries Corporation (PSIC) is a Statutory Body Corporate established under the Punjab Small Industries Corporation Act, 1973 for promotion of Small Scale Industry through:

a.	Infrastructural facilities through establishment of Small Industrial Estates.
b.	Establishment of Industrial Support Centres /Cluster Development Centres.
c.	Development and promotion of Handicrafts/Crafts. 
d.	Credit Assistance to establish and promote small, cottage and household industries.
e.	Census and Survey of Small Scale Industries.
	
	Punjab Small Industries Corporation (PSIC) designed a scheme  titled “Financial Support for Cottage Industries / Cluster Development” to provide credit to cottage industries in specified clusters of 12 Districts of Punjab with the revolving funds of Rs.300.00 million. Under the scheme loan upto Rs.300,000/- will be provided to eligible individuals with the repayment period of three (03) years.

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