SIDBI launches SHWAS and AROG Loan Schemes
The Small Industries Development Bank of India (SIDBI) launches 2 schemes in order to help MSMEs.
The two new loan products are:
SHWAS – SIDBI assistance to Healthcare sector in War Against the Second wave of COVID-19
AROG – SIDBI Assistance to MSMEs for Recovery & Organic Growth during COVID19 pandemic
SHWAS Scheme:
- It will help Micro, Small & Medium Enterprises in the manufacturing oxygen cylinders, oxy-generators, oxygen concentrators, liquid oxygen.
AROG Scheme:
- Will help in the manufacturing of products or will offer services related to fighting corona virus, like Pulse Oximeters, Permitted drugs (Remdesivir, Fabiflu, Dexamethasone, Azithromycin, etc), Ventilators, PPEs, etc.
To support #MSMEs in the healthcare sector battle the second wave of #Covid19, #SIDBI launched two quick credit delivery schemes #SHWAS and #AROG today. For more details please visit: https://t.co/AQyCuwC6ei #KnowSIDBISchemes @DFS_India @FinMinIndia @minmsme @PMOIndia pic.twitter.com/KqYNV0iB1t
— Small Industries Development Bank of India (@sidbiofficial) April 30, 2021