Dimapur, October 1 (MExN): The Small Industries Development Bank of India (SIDBI) on the occasion of birth anniversary of Mahatma Gandhi i.e. October 2, 2018 will be launching a national level Entrepreneurship Awareness Campaign, Udyam Abhilasha in 115 Aspirational Districts identified by NITI Aayog in 28 states and reaching to around 15,000 youth.
SIDBI Dimapur Branch Development Assistant Athem Hangsing stated in a press release that SIDBI will join to contribute to “the transformation mission” unleashed for these districts. The aspirational district covered in the State of Nagaland under the campaign is Kiphire District. The campaign would be running parallel from October 3 to 8, 2018 across India. The campaign would create and strengthen cadre of more than 800 trainers to provide entrepreneurship training to the aspiring youths across these districts thus encouraging them to enter the admired segment of entrepreneurs.
SIDBI has partnered with CSC e-Governance Services India Limited, a Special Purpose Vehicle, (CSC SPV) set up by the Ministry of Electronics & IT, Government of India for implementing the campaign through their CSCs. The objectives of the missionary campaign includes to inspire rural youth in aspirational districts to be entrepreneurs by assisting them to set up their own enterprise; to impart trainings through digital medium across the country; to create business opportunities for CSC VLEs; to focus on women aspirants in these aspirational districts to encourage women entrepreneurship and to assist participants to become bankable and avail credit facility from banks to set up their own enterprise.
SIDBI it is also taking up with stakeholders including Banks, NABARD, NBFCs, SFBs, District Industries Centres, and State Government etc. to be a part of this campaign and ensure multifold impact.
Further, CSC Village Level entrepreneurs (VLEs) would play role of catalyst for these aspiring entrepreneurs. Apart from training, VLEs would also provide handholding support to the aspirants to establish new units by assisting them in availing loans for their enterprise and making them aware about various initiatives of Government of India like Pradhan Mantri Mudra Yojana, SUI etc. and educate the youths in these districts on business literacy.
SIDBI is the Principal Financial Institution for the Promotion, Financing, Development and Coordination of the Micro, Small and Medium Enterprise (MSME) sector. SIDBI meets the financial and developmental needs of the MSME sector with a Credit+ approach to make it strong, vibrant and globally competitive.
