Explanation:

 The year 1961 witnessed the birth of The Rajasthan Small Industries Corporation Limited (RSIC), as a Government of Rajasthan Undertaking. And in 1975 RSIC was accorded the status of a Public Limited Company. It plays a major role in promoting the handicrafts produced in the state. The Corporation assists the craftsmen by providing them the designs and facilities for marketing of the products. It has various training and design research centres to enable the craftsmen keep pace with the latest trends in the market, in the face of constant competition.