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.

Leave a Comment
Share
Published by
Sumit Arora
6 years ago

Recent Posts

Keoladeo National Park: Location, Biodiversity, Migratory Birds and Conservation Importance

Following good monsoon rains, migratory birds like storks, pelicans, painted storks, and bar-headed geese have…

27 mins ago

National Forensic Infrastructure Enhancement Scheme (NFIES): Objectives, Components and Latest Updates

With rising crime complexity and new legal mandates requiring forensic evidence, India is strengthening its…

36 mins ago

Fiscal Policy in India: Objectives, Instruments, Types and Role in Governance

Fiscal Policy is one of the most influential pillars of India’s economic strategy. It determines…

49 mins ago

Which is the Coldest Place on the Earth? Check the Name and Significance

The Earth has many amazing and unusual places, and some of them experience temperatures that…

51 mins ago

Billionaire Wealth Transfer Enters Historic Phase

In a striking reflection of a shifting global wealth landscape, the UBS Billionaire Ambitions Report…

55 mins ago

Sunil Narine Makes T20 History With 600‑Wicket Milestone

In a landmark moment for cricket, Sunil Narine has become the first player in the…

55 mins ago