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Xcelerator Bangalore to support women-owned micro-businesses launched

March 10, 2021 Karnataka CM BS Yediyurappa   -  The Hindu× Karnataka CM Yediyurappa assures support to women entrepreneurs Karnataka is ready to provide support to women-owned micro-businesses. Speaking after the launching ‘Xcelerator Bangalore (XB), a curated six-month accelerator programme, for supporting and scaling women-owned micro-businesses, Chief Minister BS Yediyurappa assured all support to women entrepreneurs. He promised that the State Government would deliberate on supporting women entrepreneurs in district-level too, in order to empower them. Referring to the State Budget, which he presented on Monday, the Chief Minister said he has granted ₹37,188 crore for women-centric programmes. Likewise, the government is also encouraging small scale/micro entrepreneurs, working women, employees, rural self-help groups, through various initiatives including the prominent Elevate Women programme.

NSE, SIDBI sign MoU for MSME sector, may evolve debt capital platform

NSE and SIDBI sign MoU for the MSME sector

Updated Mar 02, 2021 | 19:39 IST Both the Institutions run several programs for MSMEs and the co-operation will help increase the impact and reach of these programs NSE and SIDBI sign MoU for the MSME sector  New Delhi: National Stock Exchange of India Limited (NSE) and Small Industries Development Bank of India (SIDBI) today signed an MoU for co-operation in various ongoing Micro, Small and Medium Enterprises (MSME) related initiatives of the two institutions and to also explore the feasibility of a debt capital platform for the MSMEs.    Speaking on the MoU, SIDBI DMD V. Satya Venkata Rao said, “Keeping in view the very large and diversified MSME sector in the country, there is a continuous need for various institutions to co-ordinate and co-operate with each other for the benefit of MSME sector. Both the Institutions run several programs for MSMEs and the co-operation will help increase the impact and reach of these programs.” 

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