Important Links

Projects

MSME Financing and Development Project

Location

18 MSME clusters (Kanpur, Chennai, Kolkata, Pune, Ganjam, Allepey, Panipat, Bhadohi, Indore, Dehradun, Hyderabad, Ahmedabad, Rajkot, Chandigarh, Rourkela, Ludhiana, Tirupur, Coimbatore)

Duration

Till October 2011

Funding Agency

Department for International Development, UK

Implementation Agency

Project Management Division, SIDBI

Link :

www.msmefdp.net/msmepublications.aspx

People and key organizations

While the IBRD, Department for International Development (DFID) UK, KfW Germany and GTZ Germany are the international partners in the Project Department of Financial Services, Ministry of Finance, Government of India is the nodal agency for the project. The Project Management Division SIDBI is also working with various organizations at field level. Some of the major partners are Credit Information Bureau (India)Limited, SME Rating Agency of India Limited, Cluster Pulse, IL&FS Cluster Development Institution, Apex Cluster Development Services, APITCO, Entrepreneurship Development Institute of India , Andhra Pradesh State Financial Corporation etc.

Summary

SIDBI is implementing SME Financing and Development Project which is aimed at making MSME lending an attractive and viable financing option as also facilitate increased turnover and employment in the sector. In order to achieve its aims, the Project, besides upgrading direct flow of credit to MSMEs, addresses demand side issues of credit and streamlining access to qualitative financial and non-financial enterprise oriented services.
The project has undertaken initiatives like working with BEE for creation of a shelf of energy efficient technologies for 29 clusters, implementing energy efficient technologies and financing eligible proposals for energy efficient measures, publication of handbooks on EE for 4 sectors viz. ceramics, Engineering, Foundry and Fruit & Vegetable processing to enhance awareness about simple, cost-effective solutions that would reduce the energy consumption and improve the competitiveness. The project also builds up the capacities of Business Development Services providers to enable them to offer their services to MSME sector in energy related areas. More than 100 walk through audits has been completed under the project. The project envisages creation of specific models for cluster financing for energy efficiency.

Contact

Mr R K Das
General Manager
Project Management Division
MSME Financing & Development Project
Small Industries Development Bank of India (SIDBI) New Delhi
Head Office Videocon Tower, Ground Floor E-1,Rani Jhansi Road
New Delhi-110055
Phone 91-11 23 68 24 73-77
Fax (91-11) 23 68 24 62
www.msmefdp.net / www.sidbi.in
Copyright 2017. All rights reserved by TERI
This site is best viewed in Chrome browser, 1024X768 pixels.