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SIDBI to focus on 115 aspirational districts, promote micro enterprises

Press Trust of India  |  New Delhi 

of India (Sidbi) has charted a plan to promote micro enterprises in 115 aspirational districts across the country to contribute in their development.

The has tied up with (CSC) to meet this objective, Sidbi told

"SIDBI has decided to focus on 115 aspirational districts to run micro enterprises promotion programme (MEPP), which will be run with the help of CSC," he said.

The 'Transformation of Aspirational Districts' programme which was launched by on January 5 this year, aims to bring about socio-developmental changes in these backward districts which have been chosen from all states of the country.

District magistrates of these areas have been made prabhari' officers, who will implement the parameters under the programme. They will be assisted in this task by additional secretaries of central ministries in the national capital.

The objective of the MEPP is to promote potential rural entrepreneurs by hand-holding them and also facilitate financial tie-up with the

Since its launch, the programme has promoted about 41,500 enterprises and has generated employment opportunities for about 1.07 lakh persons mainly belonging to underprivileged section of the society.

Last month, Sidbi signed a memorandum of understanding with CSC Services (CSCeGS) to take Udyami Mitra portal to the unserved and the underserved MSMEs.

The 'udyamimitra.in' portal helps improve accessibility of credit for the MSMEs. It allows entrepreneurs to apply for a loan without physically visiting branches.

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

CSCs, one of the crucial enablers of the Digital India programme, are the access points for delivery of various and business services to citizens in rural and remote areas of the country.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 10 2018. 16:45 IST
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