Page-3 of SIDBI
SAFE Scheme: SIDBI provides working capital of Rs 1 crore to MSME
On April 8, 2020, the Small Industries Development Bank of India announced that it will provide emergency working capital of Rs 1 crore to small and medium enterprises. SAFE Scheme The SIDBI launched SAFE scheme on March 26, 2020. The ..
Month: Current Affairs - April, 2020
GoI: Invest India Business Immunity Platform launched
On March 24, 2020, the India’s National Investment Promotion and Facilitation Agency called the Invest India launched “The Invest India Business Immunity Platform”. The platform is to operate on the website of Invest India. Highlights The platform is to give ..
Month: Current Affairs - March, 2020
SIDBI launches “Swavalamban Express” to promote business aspirants
On March 19, 2020, the Small Industries Development Bank of India (SIDBI) announced Swavalamban Express. Highlights The Train is to visit 11 entrepreneurial cities. This includes Delhi, Jammu, Mumbai. Ahmedabad, Hyderabad, Bengaluru, Kolakata, Bhubaneswar and Varanasi. During the period, various ..
Month: Current Affairs - March, 2020
GeM inks MoU with SIDBI for MSMEs
Government portal for public procurement GeM (Government e-marketplace) has inked MoU with Small Industries Development Bank of India (SIDBI) to boost MSME ecommerce sales. The MoU aims to enable promotion of special initiatives of GeM, such as Womaniya and Start-up ..
Month: Current Affairs - August, 2019
New Policy for Overseas Borrowings
The Reserve Bank has come out with a new policy for overseas borrowings. The RBI has rationalized the earlier policy in consultation with the Government of India. Features of the New Overseas Borrowing Policy The features of the new policy ..
Month: Current Affairs - February, 2019
Udyam Abhilasha: SIDBI launches national level entrepreneurship awareness campaign
Small Industries Development Bank of India (SIDBI) has launched Udyam Abhilasha (उद्यम अभिलाषा), a national level entrepreneurship awareness campaign. It was launched in 115 Aspirational Districts identified by NITI Aayog in 28 States. Udyam Abhilasha The campaign will run from ..