HomeNewsBankingSIDBI launches SHWAS and AROG Loan Schemes

SIDBI launches SHWAS and AROG Loan Schemes

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. 

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