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.
Direct Loans
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
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 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
POVERTY INTERVENTIONS
PSIG Programme
SIDBI is implementing the PSIG programme funded by UKAid through Department for International Development (DFID), UK.
SIDBI News
SOCIAL MEDIA
MSME IN FOCUS
India’s export basket shows a welcome tilt to higher value-added manufacturing, tech driven items: RBI
GSTN providing free accounting, billing software to MSMEs
Startup Incuspaze and SIDBI collaborate on next co-working space
Big startup boost: Government to set up 51 incubators for aspiring entrepreneurs
Facebook makes its first investment in India-based start-up
MSME Schemes: Technology upgradation through the International Cooperation Scheme
Government plans to integrate MSMEs with big enterprises: Ram Mohan Mishra
This Maharashtra flagship scheme for small businesses is likely to generate 10 lakh jobs
RBI panel recommends doubling collateral-free loans for MSMEs
MSME Financing in India: Making it Easy, Accessible & Affordable
CGTMSE approves 4.35L guarantees for Rs 30K-cr loans in FY19
UK Sinha panel on MSMEs submit report to RBI
Nitin Gadkari: Govt to make special policies for import-substitute MSME products
After IL&FS crisis, SIDBI says will continue to support good NBFCs
Budget 2019: 15 key takeaways for the MSME sector
Budget 2019: 10 key takeaways for startups and MSMEs
