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Promoting Entrepreneurship: SIDO’s efforts in capacity building and entrepreneurial development have encouraged individuals to take up entrepreneurship as a viable career option. The promotion of a vibrant entrepreneurial ecosystem has led to an increase in the number of startups and new enterprises.
Small Industries Development Organization (SIDO) is a subordinate office of the Department of SSI & Auxiliary and Rural Industry (ARI). It is an apex body and nodal agency for formulating, coordinating and monitoring the policies and programmes for promotion and development of small-scale industries.
The SIDO was formed under the Ministry of Industry. It is a policy making, co-ordinating and monitoring agency for the development of small scale industries. It maintains a close liaison with the government, financial institutions and other agencies which are involved in the promotion and development of small scale units.
Oct 11, 2022 · Established in 1978, District Industries Centers’ program was initiated by the Central Government to promote tiny, cottage, village, and Small Scale Industries (SSIs) in smaller towns and their particular areas to make them available with all the basic needs, services, and facilities.
Small Industries Development Organization (SIDO): It is an apex body and nodal agency for formulating, coordinating and monitoring the policies and programmers for the promotion and development of small-scale industries.
SIDO is as apex body and nodal agency for formulating, policy-making, coordinating and monitoring agency for the development of small scale entrepreneurs.
SIDO provides a wide spectrum of services to the small industries sector. These include facilities for testing, training for entrepreneurship development, preparation of project and product profiles, technical and managerial consultancy, assistance for exports, pollution and energy audits, etc.
2.3 Small Industries Development Organization (SIDO) Small Industries Development Organization (SIDO) was constituted in 1954 to develop support services for promotion of small-scale sector enterprises.
SIDO functions through a network of MSME-Development Institute (Formerly Small Industries Service Institute)s (MSME-DIs), Branch MSME-DIs, Regional Testing Centres (RTCs), Field Testing Stations (FTSs) and autonomous bodies.
Entrepreneurship development program is designed to help a person in strengthening and fulfilling his entrepreneurship motive and in acquiring skills and capabilities necessary for playing his entrepreneurship role effectively.
