What is NEDFis viability criteria before selecting a project ?
NEDFi sees the following factors before deciding about a project: • Promoters background • Demand for products or services and the marketing arrangements. • Technology and its suitability • Raw material and availability • Enviornmental aspects • Promoters background: NEDFi sees the promoters drive, conceptual knowledge about the project, financial ability to bring the promoters contribution and ability to raise money when needed, past borrowing records and the ability to withstand business pressures. • Demand for products or services and the marketing arrangements: NEDFi wants that there should be definite demand for the products. NEDFi analyses the demand supply gap for the products of the project, threats from competition over a period of time, competitive advantages of the products etc. • Technology: The relevance of technology is utmost important. The suitability of the process in the North Eastern condition, threats from newer technology in the future, the rate of obsolestion in t
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- What is NEDFis viability criteria before selecting a project ?