Agreement between SIDBI and CSC

Question- In how many aspirational districts across the country Small Industrial Development Bank (SIDBI) has made an agreement with Common Service Center (CSC) for partnership to conduct Micro Enterprises Promotion Program (MEPP) in April 2018?
(a) 110
(b) 112
(c) 115
(d) 120
Answer: (c)
Related Facts:

  • In April, 2018, Small Industrial Development Bank (SIDBI) has made an agreement with  Common Service Center (CSC) for partnership to operate Micro Enterprises Promotion Program (MEPP) in 115 aspirational districts across the country.
  • In January 2018, aspiring district program was started by Prime Minister Modi.
  • In aspirational districts 115 backward districts those are lagging behind on specific development parameters, has been selected.
  • Under this program, a major policy initiative has been taken by the Central Government for the rapid change of these districts and senior officials have been given the responsibility to coordinate the efforts of the Center and the States in such districts and facilitate development.
  • Micro Enterprises Promotion Program (MEPP) is an initiative taken for promoting potential rural entrepreneurs and to facilitate finance for such enterprises in the formal banking sector.
  • So far 41,500 enterprises have been benefited under this program.
  • Employment opportunities for approximately 1.07 lakh people mainly created for the people deprived of the society.

Reference:
https://www.deccanchronicle.com/business/in-other-news/100418/sidbi-to-focus-on-115-aspirational-districts-promote-micro-enterprise.html