World Trade Center Bhubaneswar associated with The MSME Development Institute Cuttack under the Ministry of Micro, Small and Medium Enterprises Government of India and SIDBI (Small Industries Development Bank of India) to organize a webinar on the SHWAS AND AROG Schemes for announced by SIDBI for assistance to MSMEs in healthcare sector for Recovery and Organic Growth during Covid-19 pandemic. The webinar aimed to provide handholding support to MSMEs who are involved in manufacturing oxygen cylinders, oxygen concentrators, Oxy- generators, liquid oxygen as well as to MSMEs providing services in transportation, storage, refilling to supply of these items.
Mr. P. K. Gupta, IEDS, Joint Director and HOO, MSME-DI, Cuttack in his inaugural address spoke about MSMEs being instrumental in fighting the second wave of COVID 19 pandemic in India. He deliberated on the assistance and eco-system that needs to be developed in order to equip the MSMEs to enhance their production facilities and meet the market demand during this challenging period. He lauded SIDBI for having taken a timely action to announce two schemes SHWAS and AROG especially for providing financial support to the MSMEs in healthcare sector.
Mr. Girish Meher, Assistance General Manager, SIDBI, Bhubaneswar in his the key note address spoke in detail about the SHWAS AND AROG Schemes. He deliberated on the common as well as scheme specific edibility criteria framed by SIDBI for the MSMEs for availing benefit under these schemes. He also explained the details of quantum of loan, applicable interest rates and key attractions of these schemes.
Mr. Subas Sahoo, Assistant Director (Chemical), MSME DI, Cuttack in his deliberations shared technical insights by means of presenting and explaining in detail a sample DPR (Detailed Project Report) for undertaking the healthcare activities for which the SIDBI schemes would be applicable.
Earlier Ms.Nitisha Mann, IES, Deputy Director, MSME DI, Cuttack in her welcome address briefed the participants about the objective of the webinar. She also spoke about the various other initiatives being taken by the Ministry for providing assistance to the MSMEs during this crisis situation.
An open ended discussion followed by highly interactive question and answer session added much value to the program.