Question
What is the primary objective of SIDBI's "Mission
Swavalamban "?Solution
"Mission Swavalamban " is a comprehensive initiative by SIDBI to address non-financial challenges faced by MSMEs. It aims to foster an entrepreneurial ecosystem by encouraging youth to transition from job seekers to job creators, promoting sustainable livelihoods, and focusing on underserved segments and rural areas. The mission also aims to restrict rural migration by creating opportunities locally, thereby supporting economic growth and inclusivity. It serves as an umbrella program for aspiring and existing entrepreneurs at the grassroots level.