SIDBI to celebrate foundation day

Hyderabad: Small Industries Development Bank of India (SIDBI) will celebrate its foundation day on April 2 in a novel way by understanding the work and lifestyle of its biggest stakeholder—Micro and Small Enterprises (MSEs). 

Under the leadership of Mohammad Mustafa, CMD, SIDBI, in its new vision 2.0 is set to promote inclusive growth plans by deeper engagement with smaller enterprises.  Under the initiative, around 175 SIDBI officials will be visiting their MSE customers pan India covering 23 States/UTs and around 85 districts in different clusters. 

They would spend time with them to observe a typical day of small entrepreneurs. During their visit, the officials will also meet their stakeholders, understand the real concern of the entrepreneurs at the ground level, get the first-hand experience of the unit and the sector so that the same can be utilised effectively for devising the policies for betterment of MSMEs. The SIDBI aims to use this experience towards building a more conducive environment to nurture the MSMEs.