The Small Industries Development Bank of India (SIDBI) has launched a national level entrepreneurship awareness campaign, Udyam Abhilasha, in 115 aspirational districts as identified by NITI Aayog for 28 states in India. With an aim to reach around 15,000 youths, SIDBI has joined the “transformation mission” of NITI Aayog to unleash the potential of these 115 aspirational districts.
The aspirational district covered in the State of Nagaland under the campaign is Kiphire District while Ri Bhoi is the aspirational district for the Meghalaya. 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.
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. It also aims to inculcate business literacy among the youths of the district to promote entrepreneurship in these aspirational districts.
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.