The Small Industries Development Bank of India (SIDBI) has held hands with the Meghalaya government to foster a biological system for little and medium organizations. SIDBI has gone into a Memorandum of Understanding (MoU) with the Meghalaya Infrastructure Development and Finance Corporation Ltd (MiDFC) to foster the MSME environment in the state, SIDBI said in a delivery.
SIDBI is the country’s primary monetary establishment for Micro, Small and Medium Enterprises (MSMEs).
Under the MoU, SIDBI and the state government will work near work with the improvement of the MSME environment in Meghalaya.
According to the MoU’s couple of expansive goals, SIDBI will support business improvement in the State; advancement of MSME bunches; limit working of NGOs/improvement associations and then some.