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Objectives

Mandatory Objectives

Four basic objectives are set out in the SIDBI Charter. They are:

  • Financing
  • Promotion
  • Development
  • Co-ordination

for orderly growth of industry in the small scale sector. The Charter has provided SIDBI considerable flexibility in adopting appropriate operational strategies to meet these objectives. The activities of SIDBI, as they have evolved over the period of time, now meet almost all the requirements of small scale industries which fall into a wide spectrum constituting modern and technologically superior units at one end and traditional units at the other

 

 

Development Outlook

The major issues confronting SSIs are identified to be:

  • Technology obsolescence
  • Managerial inadequacies
  • Delayed Payments
  • Poor Quality
  • Incidence of Sickness
  • Lack of Appropriate Infrastructure and
  • Lack of Marketing Network

There can be many more similar issues hindering the orderly growth of SSIs. Over the years, SIDBI has put in place financing schemes either through its direct financing mechanism or through indirect assistance mechanism and special focus programmes under its P&D initiatives. In its approach, SIDBI has struck a good balance between financing and providing other support services.


 
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