What does SIDB mean in DEVELOPMENT
Small Industries Development Board (SIDB) is an autonomous body that was established in 1954 by the Government of India. It is the premier organization responsible for promoting and assisting in the development, growth and preservation of small scale industries in India. The SIDB functions under the Ministry of Micro, Small and Medium Enterprises (MSME).
SIDB meaning in Development in Community
SIDB mostly used in an acronym Development in Category Community that means Small Industries Development Board
Shorthand: SIDB,
Full Form: Small Industries Development Board
For more information of "Small Industries Development Board", see the section below.
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Essential Questions and Answers on Small Industries Development Board in "COMMUNITY»DEVELOPMENT"
What is SIDB?
Small Industries Development Board (SIDB) is an autonomous body that was established in 1954 by the Government of India to promote and assist in the development, growth and preservation of small scale industries in India.
Who falls under SIDB's jurisdiction?
All Micro, Small and Medium Enterprises (MSMEs), including manufacturing and service industry units registered with the government, fall under SIDB's jurisdiction.
What kind of services does SIDB provide?
SIDB provides a range of services which include creating awareness about programs offered by various banks, helping entrepreneurs access credit facilities, providing training and capacity building initiatives, engaging with policy makers to create conducive policies for MSMEs, conducting research on various issues affecting small businesses etc.
How can one avail of the services provided by SIDB?
Those interested can visit the official website of Small Industries Development Bank and complete an online application form to register with SIDB. They should also submit documents such as photographs / letterheads / registration certificates etc., as per requirements.
Is there any charge for availing SIDB's services?
No, all services provided by SIDB are free-of-cost for eligible applicants.
Final Words:
The Small Industries Development Board is a government agency that provides important support to Micro, Small and Medium Enterprises in India. With its range of services covering financial assistance, training initiatives and policy engagement among other things it plays a crucial role in promoting business activities amongst these categories of enterprises.