- Under this MoU, a Project Management Unit (PMU) will be set up by SIDBI.
- The PMU will help to frame schemes and programmes to uplift the MSME ecosystem in the state.
- The schemes and programmes will be in areas like equity support, interest subvention, resolution of stressed MSMEs, supporting MSME entrepreneurs and facilitate other need-based intervention.
- The PMU will also analyse the current status of various schemes and programmes which are framed to uplift MSMEs and will accordingly make modifications if required.
- SIDBI has set up an expert agency for setting up PMU in 11 Indian states.
- Static Part:
- HQ of SIDBI: Lucknow, UP
Question:
a. State Bank of India
b. Small Industries Development Bank of India
c. NITI Aayog
d. Securities and Exchange Board of India
