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Question

Long answer type questions.

Explain various schemes of SIDBI.

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Solution

Following are the various schemes of SIDBI:

i. General scheme for all organisations to set up and expand their existing businesses.
ii. Schemes for cottage, village and tiny industries for providing equipment, working capital and work sheds.
iii. Specific schemes for acquiring computer and related accessories, equipment refinance schemes, etc.
iv. Schemes for marketing activities under which the scheme for purchasing mobile sales van is provided.
v. Schemes for medical professionals to set up new hospitals, nursing homes and clinics.
vi. Schemes for tourism-related activities that will help in setting up cultural centres, convention centres, tourist agencies, etc.
vii. Schemes for women entrepreneurs to empower them by providing loan facilities.

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