Nirmala Sitharaman launches National MSME Cluster Outreach Programme; inaugurates new SIDBI Branches in Bengaluru
Finance and Corporate Affairs Nirmala Sitharaman has launched the National MSME Cluster Outreach Programme, organised jointly by the Department of Financial Services (DFS), Ministry of Finance, Government of India, and Small Industries Development Bank of India (SIDBI).
The launch took place on Saturday. Around 150 MSME Clusters were connected virtually for the launch with senior bank officials being present in each of these Clusters.
The programme aims to ensure access to Financial Services and promote the growth of Micro, Small and Medium Enterprises (MSMEs) across the country, the Ministry of Finance said in a statement.
The Union Finance Minister also virtually inaugurated six new SIDBI Branches in Karnataka, located at Tumakuru, Raichur, Shivamogga, Kalaburagi, Mangaluru and Vijayapura, thereby expanding SIDBI's reach and financial assistance to MSMEs in these Clusters.
She also inaugurated four Nari Shakti Branches of Union Bank of India at Bengaluru, Chennai, Jaipur and Vishakhapatnam, with the goal of empowering women entrepreneurs and the Learning Centre of Canara Bank at Bagaluru, Bengaluru.
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