MNIDCO Recruitment 2017 - Apply Online Live MNIDCO Recruitment Openings

MNIDCO Recruitment 2017 Manipur Industrial Development Corporation Limited jobs apply online for live jobs Openings - 12TH,Graduate,Diploma can apply for this MNIDCO Recruitment updated on 19-06-2015.


Last modified:19-06-2015

Apply for Latest Manipur Industrial Development Corporation Limited MNIDCO Recruitment 2017: Here you can find all Latest Manipur Industrial Development Corporation Limited MNIDCO Jobs alert. Please read the provided information such as educational qualification, application fees, selection procedure etc. carefully before applying for the job. Subscribe to MNIDCO Jobs and get recruitment notifications on Staff Officer & More Vacancies vacancies across India through Fresherslive.com.

Currently there are no active jobs in MNIDCO - please Check other financial_institution (1,532 Vacancies)

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Manipur Industrial Development Corporation Limited (MNIDCO) formerly Manipur Small Industries Corporation Limited (MSIC) was incorporated in the year, 1969 under the Companies Act.1956 (No. 1 of 1956). The present authorized Share Capital of the Company is Rs. 16.00 crore. IDBI.s Share is Rs. 4.21 crore. The Corporation is multi-functional company which acts as (i) State Financial Corporation (SFC), (ii) State Industrial Development Corporation (SIDC) and (iii) State Infrastructure Development Corporation. It is the only financial institute of the State. The Company has to cater long term credit requirement of industry. MANIDCO is governed by a Board of Directors. All the members of the Board are representatives of the State Government and the Industrial Development Bank of India (IDBI)/ Small Industries Development Bank of India (SIDBI). It is worthwhile to mention that there was hardly fund available in the Corporation for industrial activities till the middle of 1980. In order to clear the backlog in industrialization, the State Government took initiative to revive the activities of MANIDCO with a very low budgetary support till 1985-86. Industrial Development Bank of India (IDBI) support in this regard.

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