Small-scale sector gets big boost with Rs.10,000 cr.fund

摘要

To overcome the financial crunch being faced by the small-scale sector,the government has announced the setting up of a Rs.10,000 crore Small & Medium Industry(SMI)Fund.The Small Industries Development Bank of India9SIDBI0has been asked to structure the Fund,initially of Rs.10,000 crore,spread over the next two years,finance minister Jaswant Singh said in Delhi recently.