Sailendra Narain Current Affairs, GK & News

What is the recently launched Credit linked Capital Subsidy Scheme (CLCSS) for MSMEs?

September 6, 2019

The Indian Government has decided to extend a special Credit Linked Capital Subsidy Scheme (CLCSS) for Technology Upgradation to the MSMEs. This money is to be utilized for the Technology Upgradation. The Indian Government relaizes that the equipping a business with technology is fiscally draining and this problem is even more severe for the Micro, ..

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Entrepreneurship awareness Udyam Abhilasha campaign launched by SIDBI

October 4, 2018

On the 149th birth anniversary of Mahatma Gandhi, the Small Industries Development Bank of India (SIDBI) has launched a National Level Entrepreneurship Awareness Campaign – Udyam Abhilasha, in 115 aspirational districts identified by NITI Aayog in 28 States. The purpose of the campaign is to inspire rural youth in aspirational districts to be entrepreneurs by ..

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Mohammad Mustafa appointed as new CMD of Small Industries Development Bank of India (SIDBI)

August 4, 2017

Mohammad Mustafa, a 1995 batch IAS officer of Uttar Pradesh cadre, has been appointed as the new Chairman and Managing Director (CMD) of Small Industries Development Bank of India (SIDBI) for a period of 3 years. At present, he is the joint Secretary in Department of Financial Services. SIDBI is an independent financial institution aimed ..

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SIDBI starts full-fledged merchant banking operations to help Micro, Small and Medium Enterprises (MSMEs)

July 28, 2017

Recently, the Small Industries Development Bank of India (SIDBI) has started a full-fledged merchant banking operations to help Micro, Small and Medium Enterprises (MSMEs) utilise capital markets for their funding requirements. The purpose of the initiative is to enhance the access of MSMEs to the capital markets, including the SME Trading Platform and Institutional Trading ..

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