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11/04/2018 02:43pm

SIDBI collaborates with CSC to promote micro enterprises in 115 districts

image SIDBI collaborates with CSC to promote micro enterprises in 115 districts

New Delhi, Apr 11 (KNN) In a bid to promote micro enterprises in 115 aspirational districts across the country Small Industries Development Bank of India (SIDBI) has prepared a detailed plan to contribute in their growth and development.

Thus in order to meet this objective, SIDBI has collaborated with Common Service Centre (CSC), SIDBI Chairman and Managing director informed the Press.

He further said that SIDBI has decided to focus on 115 aspirational districts to run micro enterprises promotion program (MEPP) with the help of CSC.

With a vision to bring socio-developmental changes in these 115 backward districts which have been chosen from all states under the ‘Transformation of Aspirational Districts’ Program Prime Minister Narendra Modi launched this program this year on Jan 5.

In this direction, District Magistrates of these areas have been made Prabhari officers who will implement the parameters set by the authorities under the program.

Additional secretaries of central ministries in the national capital will assist them in this task.

The aim of the MEPP is to promote potential rural entrepreneurs by hand-holding them and also to facilitate financial tie-up with the formal banking sector.

Since the launch of this program, it has promoted more than 41,500 enterprises and has generated employment opportunities for about 1.07 lakh persons belonging to underprivileged section of the society.

With a view to take Udyami Mitra Portal to un-served and undeserved MSMEs, last month SIDBI signed the Memorandum of Understanding with CSC e-governance Services (CSCeGS).

The portal ‘udyamimitra.in’ has been created with an objective to improve accessibility of credit for the MSMEs and permits entrepreneurs to apply for loan digitally without physically visiting bank branches.

CSCeGS is a special purpose vehicle (SPV) set up by ministry of electronics and IT (MeitY) which acts as connecting point for various digitally aligned services to villages in the country.

Also CSCs, (one of the crucial enablers of the Digital India program) act as an access points for delivery of various e-governance and business services to citizens in rural and remote areas of the country. (KNN/YV)

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