Small Industries Development Bank of India (SIDBI), the apex financial institution engaged in the promotion, financing and development of Micro, Small & Medium Enterprises (MSMEs), organises an outreach programme for strengthening Micro, Small & Medium Enterprises ecosystem in Dehradun, Uttarakhand in collaboration with Development Commissioner - Ministry of MSME, Department of Financial Services – Ministry of Finance and Government of Uttarakhand. The main objective of the outreach programme is knowledge dissemination on digital platforms and to have closer cooperation with the State Government of Uttarakhand on MSME issues. 

On this occasion, Shri Mohammad Mustafa, IAS, Chairman & Managing Director, SIDBI, said, “This initiative is a part of our SIDBI Vision 2.0 under which Mission Swavalamban is our umbrella initiative. The 

prime objective of the initiative is to gauge the expectation of MSME stakeholders, identify the good practices of the State and suggest State-specific schemes. As an outcome of the programme, good practices of various State policies would be enlisted and solutions to the problem statements would be mapped including good practices of other States. We expect greater participation by MSMEs in these programmes and urge them to make best use of these initiatives.” 

This half-day outreach programme by SIDBI is based on recommendation of the expert committee on MSMEs headed by Shri U.K. Sinha, former chairman of Securities and Exchange Board of India (SEBI), for SIDBI to collaborate with State Governments to get MSME units from the State onto digital platforms such as PSBloansIn59minutes, listing on stock exchanges, e-commerce platforms etc. This is the 3rd outreach programme under this initiative, which had started with Uttar Pradesh and Bihar followed by Uttarakhand and it will further be carried out in other 7 identified States namely Gujarat, Maharashtra, Madhya Pradesh, Haryana, Rajasthan, Kerala and Telangana shortly. Target audience of these programmes would be officials from State Governments, banks, industry associations, Technical Consultancy Organizations (TCOs), MSME and other relevant stakeholders at each centre. 

The programme held at Dehradun in the State of Uttarakhand witnessed huge participation from various stakeholders including senior officials of Govt. of Uttarakhand, Directorate of Industries, District Industries Centres, Reserve Bank of India, National Bank for Agricultural and Rural Development (NABARD), banks, MSME development organisations, Industry Associations and MSMEs. Under the session on schemes for Ease of Access, sensitization programme on PSBLoansIn59Minutes, listing on stock exchanges, ecommerce platforms – Government e-Marketplace (GeM), Interest Subvention, Udyami Mitra, Mission 

Swavalamban, Prayas Scheme and other products of SIDBI were carried out. Session on State schemes in terms of schemes and expectations of State Government was taken by State Government officials. These sessions were followed by group discussions by participants. 

The programme was chaired by Smt. Manisha Panwar, IAS, Principal Secretary, MSME, Government of Uttarakhand and attended by Shri Anand Swaroop, IAS, Additional Secretary to Govt of Uttarakhand and Shri Satish Chandra Nautiyal, Director, Industries. Expectations of the State government in terms of ease of access to credit and non-financial services were enlisted. The valued partners for the initiative are GeM, PSBLoansIn59Minutes, National Stock Exchange (NSE) and Dun & Bradstreet (D&B).Shri Manoj Mittal, DMD, SIDBI was present on the occasion and called upon participant to gain from outreach programme and give inputs for strengthening eco system. 

About SIDBI: Since its formation in 1990, SIDBI has been impacting the lives of citizens across various strata of the society through its integrated, innovative and inclusive approach. Be it traditional, domestic small entrepreneurs, bottom-of-the-pyramid entrepreneurs, to high-end knowledge-based entrepreneurs, SIDBI has directly or indirectly touched the lives of Micro and Small Enterprises (MSEs) through various credit and developmental engagements. To know more, check out: