Challa Sreenivasulu Setty, Chairman of State Bank of India attended the MSME Cluster Outreach Programme held at Govindpura industrial area, Bhopal.
This program, identified by the Department of Financial Services, focuses on promoting the growth and development of MSME sector by extending services to recognized MSME clusters. This program witnessed virtual presence of Union Finance minister and Minister of MSME.
As part of this initiative, two key clusters Bhopal and Jabalpur have been selected, with Bhopal recognized as the engineering cluster. SBI Chairman shared valuable insights with the attendees, emphasizing the role of MSMEs in driving economic growth and innovation, and encouraged active participation from all stakeholders to foster a more robust business ecosystem.
Further in his visit, he handed over cheques totaling over Rs 1.5 crore to two prominent social organizations - People's General Association, Bhopal, and Adiwasi Sanrachana Seva Sansthan, Betul under the CSR initiative, aimed at bringing the underprivileged and marginalized sections of society into the mainstream.
This support will significantly contribute to the revitalization of Government schools, Old age homes, Orphanages, Anganwadis, Primary Health Centres, and Girls' toilets across Ninteen districts across Madhya Pradesh.
In addition, Mr. Setty inaugurated a large LED screen at the Local Head Office in Bhopal. This screen aims to effectively disseminate information about welfare schemes of the central and state governments, as well as the Bank, to the general public, enabling them to benefit from these programs.
