new Delhi: The Small Industries Development Bank of India (SIDBI) for Micro, Small and Medium Enterprises (MSMEs) has launched the ‘MSME Enabled’ (MSMESaksham) portal in association with Trans Union CIBIL (cibil). Available in Eng and Hindi (Hindi and English), this portal will help small businesses. Through this portal, small entrepreneurs will be able to get information about government schemes, as well as it will help them in determining their credibility in banks.
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SIDBI Chairman and Managing Director (CMD) Mohammad Mustafa said, “The purpose of the portal is to encourage the youth to do business. They said that the Emergency Credit Line Guarantee Scheme launched for MSMEs under the Self-Reliant India Package (ECLGS) is a very good facility. By this, small entrepreneurs are being provided with bank loans (MSMEs Loan Scheme). “
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Information on central and state government schemes launched for the help of MSMEs is available on the portal of SIDBI. Apart from this, infographics and videos have been provided to help start a business so that small businesses can easily understand all the things. Apart from this, users will also be helped to reach their CIBIL score and CIBIL rank on this portal.