Categories: Business

SIDBI to launch a special train ‘Swavalamban express’ for new entrepreneurs

Small Industries Development Bank of India (SIDBI) has decided to launch a special train ‘Swavalamban Express’ on June 05, 2020, to empower budding entrepreneurs under its mission Swavalamban. It will construct an inter-connected small enterprise ecosystem that will include business aspirants, mentors, experts and experience at all.

Click Here To Get Test Series For RBI Assistant Mains

Important facts about ‘Swavalamban Express’:

  • The train will visit 11 cities in 15 days and will cover a 7000 km journey.
  • Around 20 workshops and interactions will be held to promote entrepreneurial culture among the youth about financial and non-financial aspects of enterprise running.
  • Participant individuals should be between the age of 20 and 35 years.
  • The train will start from Lucknow (Uttar Pradesh-UP) and thereafter to Jammu, Delhi, Jaipur, Ahmedabad, Mumbai, Bengaluru, Hyderabad, Bhubaneswar, Kolkata and finally reach Varanasi (Uttar Pradesh).
  • The train journey will also focus on the Prime Minister(PM) Narendra Modi’s vision of becoming a $5 trillion economy by 2024-25.
  • It has also planned that more than 150 experts and mentors will travel together to share and meet their expertise and experiences.

Important takeaways for all competitive exams:

  • Headquarters of SIDBI: Lucknow, Uttar Pradesh.
  • Chairman and MD of SIDBI: Mohammad Mustafa.

Find More Business News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

PM Modi Receives Oman’s Highest Honour, 29th International Award

Honorable Prime Minister Narendra Modi has been conferred Oman’s highest national honour which is The…

6 hours ago

Who Is Sai Jadhav? India’s First Woman Officer from IMA

A historic moment for India’s armed forces  23 year old Sai Jadhav has become the…

8 hours ago

India and Saudi Arabia Sign Visa Waiver Agreement to Facilitate Official Travel

India and Saudi Arabia have taken another significant step to deepen their growing strategic relationship…

8 hours ago

Bharat Taxi to Roll Out in January 2026 Here You Need To Know

India’s ride hailing market is set to witness a significant shift with the upcoming rollout…

9 hours ago

Army Achieves Major Logistics Milestone With Induction of Tanks into Kashmir Valley

Significant boost to India’s defense logistics and operational readiness, the Indian Army has successfully inducted…

9 hours ago

Overall LFPR Show Upward Momentum as Unemployment Falls to New Low In November 2025

India’s labour market continued to show signs of strengthening in November 2025, with key employment…

10 hours ago