2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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National Small Industries Corporation
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NABARD
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SIDBI
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State Bank of India
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Detailed explanation-1: -Small Industries Development Bank of India (SIDBI) has launched a focused vertical for micro, small and medium enterprises (MSMEs) clusters’ SIDBI Cluster Development Fund along with centric programs to give a thrust to hard infrastructure support to state governments.
Detailed explanation-2: -Earlier, Rajasthan had partnered with SIDBI to develop MSME ecosystem.
Detailed explanation-3: -A cluster is a group of enterprises located within an identifiable and as far as practicable, contiguous area and producing same/similar products/services.
Detailed explanation-4: -The MSME cluster development has been initiated majorly to ensure the following things to the micro and small businesses. To support the growth and welfare of MSEs (Micro and Small Enterprises) by providing district technology, tool up-gradation, skill development, market access, quality enhancement, etc.
Detailed explanation-5: -EDII, under the SIDBI Cluster Development Fund (SCDF) Scheme has been appointed as the Project Management Consultant at PAN India Level. The 2-year project aims at developing industrial and social infrastructure for development of MSMEs in various clusters and industrial parks.