Promotional & Developmental (P&D) initiatives of the Bank are woven around Mission Swavalamban, which has four distinguishing pillars viz., Sampark, Samwad, Suraksha and Sampreshan (4S) and a fifth pillar viz., “Sangam”, a confluence of four pillars.
SAMPARK – SIGNIFYING “CONNECT WITH MSMEs AND ENTREPRENEURS”
- Working as counselling centers in 100 districts of Uttar Pradesh, Bihar, Jharkhand, Telangana and Odisha to guide and handhold aspiring entrepreneurs.
- 1,000-plus enterprises (36% women-led) set up in FY 2021.
- A series of webinars covering topics related to New-age digital platforms of TReDS, GeMs.
- Session from representatives of Medium and Large Industries on domain knowledge and corporate governance.
- 15 programmes concluded in FY 2021 benefitting 600-plus MSEs.
- Partnered with the CDFI to launch an IVR and webapp, ‘Swavalamban Digi-Gyanshala’ for promoting the spirit of entrepreneurship.
- Over 1.15 lakh aspirants have been covered by this initiative.
- Supported ASRLM to organise ASOMI SARAS Fair 2021.
- ASOMI has been developed as the umbrella brand for all SHG products developed under the aegis of ASRLM.
- 113 stalls recorded sales of ₹4.18 crore in 14 days.
SAMWAD – DIALOGUE TO STRENGTHEN RELATIONS AMONG VARIOUS STAKEHOLDERS OF THE MSME SECTOR
Swavalamban Crisis Responsive Fund (SCRF) under SRF
- Set-up SCRF with the support of FCDO, Government of UK, to support free onboarding of MSMEs on the TReDS platform.
- 11,600-plus MSMEs onboarded on the portal.
Digital Bouquet
- Built a virtual ecosystem with Udyamimitra/Stand Up India Portal to bring together all stakeholders in the MSME ecosystem.
SURAKSHA – TO CREATE AN ENABLING ENVIRONMENT FOR THE GROWTH OF MSMEs
COWE Mart
- Designed COWE Mart for digital connect through a user-friendly, one-click Buyer-Seller connect, through WhatsApp.
- 98 women entrepreneurs onboarded on the portal.
Role Models
- Supported 76 role models in 11 districts of four states through 20-plus activities.
- Resulted in increase of monthly income of these role models by more than 70% ranging from ₹2,750 to ₹20,000 and with aggregate monthly income of around ₹6 lakh.
Project Management Unit (PMU)
- Set-up PMUs in 11 states, viz., Assam, Andhra Pradesh, Delhi, Gujarat, Haryana, Karnataka, Maharashtra, Rajasthan, Tamil Nadu, Uttar Pradesh and Uttarakhand.
- Aimed to strengthen the MSME ecosystem and transferring the good practices through learning sessions.
Swavalamban Info Series
- Created a digital bouquet of products such as the knowledge series, info series, radio jingles, videos etc.
- During FY 2021, five volumes were released and widely disseminated among the stakeholders.
SANGAM - “CONFLUENCE”, INITIATIVES WHICH INHERIT THE TRAITS OF MORE THAN ONE OF THE 4S PILLARS
Swavalamban Silai Schools
- Aims to create and promote “Homepreneur” role models in partnership with USHA International.
- Silai Schools opened in 1,638 villages of 24 districts across seven states.
- Homepreneurs further enrolled 16,982 learners – an average of 10 new enrollments per direct beneficiary.
Micro Enterprise Promotion Programme (MEPP)
- Aims to promote viable micro enterprises for employment generation.
- At present, seven MEPPs are up and running.
- During FY 2021, 48 programmes were conducted, benefitting 3,337 participants and set up 420 enterprises that employ 1,866 persons.
EU Switch Asia Bamboo Project
- Aims to promote bamboo-based enterprises and generate green jobs in 9 backward states, including 5 in NER.
- 1,373 bamboo-based enterprises – 900 of them during FY 2021 – were established/ upgraded.
- 4,215 bamboo artisans benefitted under the initiative, including 2,500 in FY 2021.
Sanitation & Hygiene Entrepreneurs (SHEs)
- Pilot programme on rebuilding informal workforce, mainly women, by providing training and incubation support in disinfection.
- Covered 650 SHEs in 23 states and generated aggregate income of ₹92 lakh.
Swavalamban Assistance for Financial Literacy, adoption of villages and credit and market Linkages - SAFAL
- Adoption of 120 villages in the states of Bihar and Jharkhand.
- Providing financial literacy training to 2,400 livelihood, including migrants, and ensuring their credit and market linkages.
Swavalamban Swabhiman
- Partnered with Microfinance Association of Uttar Pradesh (UPMA).
- Aims to provide skill development training support to 100 young aspirants/ artisans, mainly women.
Gramin Navonmesh Protsahan
- Aimed to promote/ commercialize 50 rural innovations with thrust on ITI/ Polytechnics in UP, Bihar, Odisha,Maharashtra, Chhattisgarh and Jharkhand.
- 18 rural innovations supported.
SIDBI Assistance for Harnessing Aspiring Swavalambis - SAHAS
- ‘Swavalamban Chair for MSME Solutions’ set-up at Government Engineering College, Thrissur.
- Aimed to create an entrepreneurial culture in the institution and the region.
Central Institute of Medicinal & Aromatic Plants – CIMAP
- Aimed to train participants in the production of quality material of various species of medicinal and aromatic plants.
- During FY 2021, online STUPs were conducted benefitting 292 aspirants.
Bank Sakhi Programme
- Partnered with Jeevika, SRLM of Bihar, to provide alternate banking and digital financial services in rural areas, especially to poor women.
- 1,640-plus Bank Sakhis have been created in 36 districts of Bihar.
- The initiative also facilitated setting up of 250 kirana stores/rural retail shops.
SWAS/श्वास - Breathing Entrepreneurial Energy
- Swavalamban Accelerator established with the help of Mukti in the Sunderbans, West Bengal which is struggling after Amphan cyclone and pandemic.
- 1,000 SHG women are being trained in Handicraft and Food processing.
- Expected to touch 20,000 beneficiaries.
Swavalamban Livelihood Enhancement and Awareness Programme – LEAP - in Leh
- Aims to support Sea Buckthorn-based livelihood projects in Leh.
- Aimed to create 15 enterprises, covering 75 entrepreneurs and impacting 750 families.
Swavalamban Divyangjan Assistive Tech Market Access (ATMA)
- Swavalamban - ATMA fund launched in association with Social Alpha.
- Aimed to ease the entry of the assistive technology solution for the end-users, mainly Divyangjan.
- Expected to touch around 1,000 lives in the next two years.
SIDBI Centre for Innovation in Financial Inclusion/ SCiFI
- Set-up at IIM, Lucknow with the aim of nurturing startups working on financial inclusion.
- 24 innovative startups are being supported by SCiFI, as on March 31, 2021.
Social Enterprises & Impact Investment
- Aims to provide support to Samridhi Fund and its investee companies.
- At the Fund level, the support is for strengthening ESG and showcasing the impact.
