Small Industries Development Bank of India (SIDBI) would be celebrating its Foundation Day this year on April 2 in a unique way by understanding the work and lifestyle of its biggest stakeholder Micro, Small and Medium Enterprises (MSMEs).
Under the dynamic 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. This will enhance and enable SIDBI to formulate policies/schemes more relevant for the sector and particularly for MSMEs.
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. These officials will be spending time with small entrepreneurs.
During the visit, the officials will also meet their stakeholders, understand the real concern of the entrepreneurs at the ground level, get first-hand experience of the unit and the sector so that the same can be utilized effectively for devising the policies for betterment of the MSMEs.
The program is being organized to build a healthy relationship with MSMEs and unlearn preconceptions and to re-learn about the vast unexplored oppsortunities that lie at the bottom of the pyramid in the form of micro enterprises amidst their day to day struggle.