I have no doubt in my mind that we add to the national wealth if we help the small-scale industries. I have no doubt also that true Swadeshi consists in encouraging and reviving these home industries. It also provides an outlet for the creative faculties and resourcefulness of the people. It can also usefully employ hundreds of youths in the country who are in need of employment. It may harness all the energy that at present runs to waste.
SIDBI 2.0
Vision 2.0
To transform as an All India Financial Institution to create an integrated credit and development support role for the Bank by being a Thought Leader, adopting a Credit-plus approach, creating a Multiplier effect and serving as an Aggregator, in the MSME space.
Know MoreDirect Loans
- Upto 100% financing of high-end machineries
- Quick sanction and disbursement
- No immovable property needed as collateral
- Upto 100% finance for capex / working capital
- Quick sanction and disbursement
- Flexible security profile
- Up-to 100% finance based on 10% FD & extension of charge
- Quicker sanction within 7 days
- No additional collateral security (except SIDBI FD)
- Helping MSMEs to reduce their Power bill
- Across the segment coverage with 25 KW to 500 KW plants (indicative)
- Loan Amount: `10 lakh to `250 lakh
- Quick sanction and fast disbursement
PROMOTION AND DEVELOPMENT
SWAVALAMBAN Bechain Sapno ko Pankh...
Chhedi Prasad Gupta: Paan se Samman
When Chhedi Prasad Gupta migrated four hundred kilometers from Belpania village in Chhapra, Bihar to Ranchi, he had no ambition to get a chowk popularly known by his name in the new city. And that his small paan shop in Chhedi Gumti Chowk would expand into a grocery and vegetable shop.
Read More Asim Amitav Harichandan: Job is difficult
Spokesman Consulting has a big signboard, overshadowing the office itself in Nayapalli area of Bhubaneswar.
Read More Survival to Success: Journey of Mari Anna
When young Mari Anna landed in Mumbai from Tirunelveli in search of a job, he had only one challenge in life; how to survive! While doing varied odd jobs including washing dishes and helping cooks in restaurants, never did he thought that one day, his Idly-Wada will find a way...
Read More Prakash: Reaping the fruits of thinking different
Prakash, a guy who proved his entrepreneurial skills in the industrial cityof Punjab by tapping the right opportunities at the right time. In his earlyyears he stayed in Banda, Uttar Pradesh, where he couldn’t complete hiseducation due to financial constraints faced by his family.
Read More The power of women entrepreneurs
The year was 2008 when in the city of dreams Mumbai, three women came together and decided to become entrepreneurs.
Read More Prabhjoth: MBA graduate
It is the dream of most management graduates to finish the MBA course and start working with a good paycheck. But Prabhjoth Bhargava always aspired to become an entrepreneur with the MBA degree in marketing.
Read More UMA BHATI: FROM A FULL-TIME JOB TO BEING AN ENTREPRENEUR
UMA BHATI, 23, always wanted to feed people and to fulfill her dream she quit her full-time job as a digital marketing professional. She started a franchise business by opening a 'Burger Art' kiosk in Noida sector 76 and roped in two of her friends as partners for investing in her idea.
Read More Meet A Hero: Shambhu
A journey from job with a petty salary to becoming an entrepreneur. Thirty-four-year-old Shambhu successfully runs two retail grocery shops by the name New Ratna Super Market and Royal Super Market in Andheri West, Mumbai. From each store he generates an average revenue of about Rs. 75-80 thousand daily. He has employed 22 people under him and caters to several customers who visit his stores regularly.
Read More Kalpana Purao and Nandkishore Purao: Mumbai’s favourite snack changes lives
Vada pav, a dish popular with all Mumbaikars. In 1986, Kalpana Purao and her husband Nandkishore Purao decided to start their own vada pav stall in Chembur, Mumbai. Today, their modest venture has evolved into one of the most popular vada pav stalls in the city.
Read More Mohd. Tarif: Being a job provider rather than a job seeker
Thirty-four-year-old, Bareli-based Mohd. Tarif may have been very unfortunate after being affected by polio in his childhood which paralysed both his limbs on one side. But his dedication and positivity towards work and life have emerged as an inspiration for many aspiring entrepreneurs.
Read More MUNIRA BANO: Pink auto rickshaw renews hope
Surat-based Munira Bano is one of the few women rickshaw drivers in the country who is content with her life and is an inspiration to many. "I was among the first women to register myself for the Pink Auto Rickshaw Service in Surat when we were approached by Surat Municipal Corporation few years ago," said the forty-three-year-old who currently owns two auto rickshaws.
Read More Joanita Figueiredo: From a nurse to a job provider to the blind
Pursuing your passion gives a different kind of satisfaction in life and fifty-six-year-old Joanita Figueiredo who runs Metta Foot Reflexology Centre in Bandra, Mumbai is a perfect example. Her centre is unique because Joanita has employed therapists who are visually impaired.
Read MoreStructural Interventions
MSME space holds within itself myriad opportunities. Time and again SIDBI along with various stakeholders of MSME space has made interventions for the growth & development of MSME ecosystem. Read More
CriSidEx
Effective policy making is a function of the quality of information at hand.
Because data on micro and small enterprises (MSEs) comes with a significant lag, a comprehensive and concise lead + lag indicator of ground-level sentiment becomes a crucial tool for policy makers, lenders, trade bodies, economists, rating agencies and the MSEs themselves.
Till now, there was no such barometer available in India, though indices and sentiment surveys to track large and mid-sized corporates area plenty and have been in existence for decades.
While there have been adhoc surveys by chambers of business and specific agencies as one-time efforts, a continuous survey leading to an index is a first.
MSME Pulse
Information is key to decision making and if it is available at the right time, meaningful interventions can be made.
Since structured data in respect of MSME is not available during the year, no early signs are available to help taking decisions to those who matter and make policies, be it bankers or policy maker A comprehensive document based on close monitoring and tracking of MSME segment providing insights to policy makers, therefore, becomes imperative.
Till date, no such report based on a on a study done on over 5 Million active MSMEs having access to formal credit, with live credit facilities in the Indian banking system, is available.
Microfinance Pulse
The success of microfinance interventions in various parts of the globe has brought recognition to the efficacy of the sector as a potential tool for empowerment and promoting inclusiveness. The microfinance sector in India has made great strides during the last decade by adopting a wide variety of innovations in improving access to financial services to the poor.
As another major sector building initiative, SIDBI has partnered with Equifax for a quarterly report “Microfinance Pulse”. The publication will give an opportunity to look into the future prospects apart from being a repository of all that has taken place in the microfinance sector.
Udyam Abhilasha
- Transforming 115 aspirational districts across 28 states that have witnessed the least progress in terms of certain development parameters
- Provide orientation to youth about various dimensions of entrepreneurship
- Train 13,800 youth for providing a life of dignity by having a source of livelihood.
- Expecting at least 20% of the youth to be able to start their own enterprise
- Expecting around 10 % participants i.e. 1150 new logins to be made on udyamimitra for availing MUDRA loan
ECOSYSTEM
SIDBI News
SOCIAL MEDIA
MSME IN FOCUS
Startup funding jumps 25% amid ‘bubble’ fear
Tech boost for MSMEs: Govt to increase number of centres for tech adoption among small businesses
Startup India Powered by Fintech to the aid of MSMEs: Cash-based financing, e-invoicing for GST could soon be reality
FM Sitharaman announces immediate bank recapitalisation of Rs 70,000 crore
Government to clear MSME dues, alter definition
GST refunds for MSMEs within 30 days, says FM Sitharaman
Wealthy investors throw a capital lifeline to NBFCs
Risk cover gone; NBFCs need no redemption reserve for debentures
Government issues guidelines for ₹1 trillion partial credit guarantee for NBFCs
