What does NIDC mean in DEVELOPMENT
NIDC is an abbreviation of National Investment Development Corporation. It is a private limited company registered under the Companies Act, 2013 and is headquartered in New Delhi. NIDC provides financial and investment services across India to the public and private sector organizations. The company has been operational since its inception in the year 2016 with substantial government equity participation. NIDC focuses on providing financial solutions, technical assistance, advisory services, project concept development, structuring of investments, setting up of joint ventures and other related services for promoting foreign direct investments into India.
NIDC meaning in Development in Community
NIDC mostly used in an acronym Development in Category Community that means National Investment Development Corporation
Shorthand: NIDC,
Full Form: National Investment Development Corporation
For more information of "National Investment Development Corporation", see the section below.
» Community » Development
Mission and Vision
The mission of NIDC is to support economic development by encouraging resources flow from abroad through strategic partnerships with domestic investors as well as foreign entities. Its vision is to provide reliable infrastructure and risk management solutions for creating a conducive environment for attracting foreign capital into Indian businesses which can contribute towards socio-economic growth of India.
Products & Services
NIDC offers a wide range of products and services aimed at both domestic as well as foreign investors such as Venture Capital Fund Management Services (VCFMS), Foreign Direct Investment Promotion Services (FDIP), Subsidiary Acquisition Assistance (SAAS), Regulatory Approval Processing Assistance (RAPA) etc., aimed at facilitating cross-border transactions between counterparts who are based in different countries or jurisdictions. Along with these services it also provides specialized legal advisory services such as Offshore Taxation Consulting Solutions (OTCS), Corporate Restructuring Solutions (CRS) etc., aimed at helping clients manage their financial affairs efficiently while minimizing potential risks associated with international investments.
Essential Questions and Answers on National Investment Development Corporation in "COMMUNITY»DEVELOPMENT"
What is the National Investment Development Corporation?
NIDC (National Investment Development Corporation) is a public-sector financial institution in India. It was established in 1992 under the Companies Act, 1956, to boost investment in key sectors of the Indian economy. The Institution plays an important role in promoting domestic and foreign investments into India. It provides capital financing for entrepreneurial activities and long-term project finance to eligible companies.
What are the goals of National Investment Development Corporation?
The main goal of NIDC is to promote foreign and domestic investments into India through the provision of credit facilities. This involves providing financial assistance for projects that are commercial, socially beneficial, economically viable, and have potential implications for regional development or economic growth. Furthermore, it strives to ensure an increased flow of investments by simplifying the procedures applicable for such purpose.
What services does National Investment Development Corporation offer?
NIDC offers a wide range of services related to financing activities including loan financing, equity financing, venture capital funding, factoring services and other related intermediary services. These services can be utilized by established entrepreneurs as well as new entrepreneurs looking to invest in different sectors at varying risk levels.
Who oversees National Investment Development Corporation?
The Board of Directors for NIDC is appointed by the Government of India on recommendation from the Ministry of Finance with approval from both Houses of Parliament (Lok Sabha & Rajya Sabha). The Board comprises senior officials from the government departments as well as representatives from banks and various financial institutions who act as non-executive directors responsible for overseeing strategic operations and policies within NIDC.
How does one access funding from National Investment Development Corporation?
NIDC provides project-based loans which require completion of a detailed application process prior to being approved or rejected by its board members based on certain criteria such as feasibility of proposed projects and nature/value involved. Firstly applicants need to fill out an Expression Of Interest (EOI) form which outlines their business plan after which they will be required to submit a detailed supplementary documents if accepted by board members.
What criteria must be met when applying for funding from National Investment Development Corporation?
Eligibility criteria will vary depending on type of projects being proposed but generally projects must meet certain criteria including reasonable repayment period with fixed installments as well as comprehensive risk management strategies along with feasibility studies backed up with sound research data.
Final Words:
Overall NIDC plays an important role in promoting foreign direct investments into India by facilitating market access for investors looking to explore opportunities within the country’s hybrid markets which can help enhance economic growth prospects over time. With its state-of-the-art products and services it helps investors better navigate through the complex regulatory environment while ensuring that they get optimal return on their investments.