Swavalamban Express

1 min read

News:Small Industries Development Bank of India(SIDBI) has announced the start of Swavalamban Express.

Facts:

About Swavalamban Express:

  • Swavalamban Express Is a train journey to promote budding business aspirants and entrepreneurs.
  • It is modelled as a unique Self-Employment model where people come with their ideas of business and walk out as Swavalambis, empowered to start their own enterprises.

Additional information:

About SIDBI:

  • Small Industries Development Bank of India (SIDBI) was set up in 1990 under an Act of Indian Parliament.
  • It acts as the Principal Financial Institution for Micro, Small and Medium Enterprise (MSME) sector as well as for coordination of functions of institutions engaged in similar activities.