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SIDBI to set up MSME facilitation desk in West Bengal with the help of WBSIDCL

Small Industries Development Bank of India (SIDBI) with the help ofΒ West Bengal Small Industries Development Corporation Limited (WBSIDCL)Β will establish MSME facilitation desk in West Bengal.

The corporation will help in providing a dedicated desk to the primary MSME financial institution.

This association is under an agreement signed between SIDBI and WBSIDCL to enhance MSME ecosystem in the state.

The MoU was signed at the MSME sectoral session of the Bengal Global Business Summit (BGBS), by Nikhil Nirmal, MD of WBSIDCL, and Sudatta Mandal, Deputy MD SIDBI, in the presence of HK Dwivedi, chief secretary of the West Bengal.

SIDBI will facilitate the entrepreneurs with handholding support and financial assistance from SIDBI at a competitive price to develop the MSME ecosystem in West Bengal.

Calling the MoU beneficial for the MSME sector, Chief Secretary Dwivedi said that this partnership will accelerate the setting up of units and strengthen institutional support.

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