July 11, 2023
govt information
Small Industries Development Bank of India (SIDBI) is a specialized financial institution in India that focuses on the development and promotion of small-scale industries. It was established on April 2, 1990, through an act of Parliament as a wholly-owned subsidiary of the Industrial Development Bank of India (IDBI). However, since April 1999, SIDBI has been functioning as an independent entity.
SIDBI's primary objective is to provide financial and developmental support to small and medium enterprises (SMEs) in India. It plays a crucial role in the growth and expansion of the SME sector by addressing their financial and non-financial needs. The bank works towards facilitating the availability of adequate and timely credit, promoting technology upgrades, enhancing competitiveness, and fostering entrepreneurship.
Key functions of SIDBI include:
1. Financing: SIDBI provides various financial products and services to SMEs, such as term loans, working capital assistance, equipment finance, and export finance. It offers customized financial solutions tailored to the specific requirements of different SME segments.
2. Refinancing: SIDBI acts as a refinancing agency for banks and other financial institutions, extending refinance support for their lending to SMEs. This helps in increasing the flow of credit to the sector and enables banks to offer more favorable terms to SME borrowers.
3. Developmental Initiatives: SIDBI undertakes various developmental initiatives to enhance the competitiveness and growth potential of SMEs. These initiatives include skill development programs, entrepreneurship development programs, technology upgradation schemes, and capacity building activities.
4. Risk Capital: SIDBI provides risk capital assistance to SMEs through its subsidiary, the SIDBI Venture Capital Limited (SVCL). SVCL invests in innovative and high-growth potential SMEs, helping them raise equity capital and supporting their expansion plans.
5. Support for Microfinance Institutions: SIDBI plays a crucial role in promoting microfinance institutions (MFIs) in India. It provides financial assistance to MFIs, helping them reach out to underserved segments of the population and provide micro-credit for income-generating activities.
SIDBI collaborates with various stakeholders, including government agencies, financial institutions, industry associations, and development organizations, to create a favorable ecosystem for SMEs. It operates through a network of regional and branch offices across India, ensuring wide coverage and accessibility.
Overall, SIDBI plays a vital role in fostering the growth of small-scale industries in India by providing financial support, promoting entrepreneurship, and facilitating the development of a robust SME sector.
Mode of Apply:-
Applying for a loan or any other financial service from the Small Industries Development Bank of India (SIDBI) can be done through offline mode. Here is a description of the typical offline application process:
1. Obtain the Application Form: The first step is to obtain the application form, which can be obtained from the nearest SIDBI branch or downloaded from their official website. The form is typically available in a printed format and can be filled manually.
2. Fill in the Application Form: Once you have the application form, carefully read the instructions and provide all the required information accurately. The form will typically ask for details such as personal information, business details (if applicable), loan amount required, purpose of the loan, financial statements, and any other supporting documents as per the loan type.
3. Gather Required Documents: Along with the filled application form, you will need to gather the necessary documents as specified by SIDBI. These documents may include identity proof, address proof, business registration documents, financial statements, bank statements, income tax returns, and any other relevant documents.
4. Visit the SIDBI Branch: After completing the application form and gathering the required documents, visit the nearest SIDBI branch in person. You can inquire about the branch location and working hours from their website or customer service helpline.
5. Submit the Application: Once at the branch, submit the filled application form along with the supporting documents to the designated SIDBI representative. They will verify the details provided and guide you through any additional steps or requirements.
6. Application Processing: After submitting the application, SIDBI will review your application, conduct a thorough evaluation of the submitted documents, and assess your eligibility for the requested financial service. This may include conducting background checks, evaluating creditworthiness, and assessing the viability of the business (if applicable).
7. Follow-up and Communication: During the processing period, SIDBI may contact you for any additional information or clarifications. Ensure that you provide prompt responses and cooperate with the bank to expedite the process. You can also check the status of your application by contacting the branch or using any online tracking facility provided by SIDBI.
8. Decision and Disbursement: Once the application is processed, SIDBI will communicate the decision regarding your application. If approved, they will guide you through the further steps, including loan agreement signing and disbursement of funds. The disbursement may be in the form of a direct credit to your bank account or any other mode specified by SIDBI.
Vacancy Details:-
SIDBI Vacancy Details:
SIDBI, or the Small Industries Development Bank of India, periodically announces job vacancies for various positions. One such position is for Monitoring and Evaluation Experts. Here are the details of the vacancy:
Position: Monitoring and Evaluation Experts
Number of Vacancies: 02
Responsibilities:
1. Conducting monitoring and evaluation activities for projects and initiatives undertaken by SIDBI.
2. Developing frameworks, methodologies, and tools for monitoring and evaluating project performance.
3. Collecting, analyzing, and interpreting data related to project outcomes and impacts.
4. Assessing the effectiveness and efficiency of project interventions and recommending improvements.
5. Identifying key performance indicators (KPIs) and designing performance measurement systems.
6. Collaborating with project teams and stakeholders to ensure proper implementation of monitoring and evaluation activities.
7. Preparing reports, presentations, and documentation on monitoring and evaluation findings.
8. Providing guidance and support to project teams on monitoring and evaluation practices.
9. Keeping abreast of emerging trends and best practices in monitoring and evaluation.
Requirements:
1. Educational Qualifications: Candidates should possess a postgraduate degree in a relevant field, such as Economics, Business Administration, Development Studies, or a related discipline.
2. Experience: Applicants should have a minimum of [X] years of experience in monitoring and evaluation, preferably in the financial sector or development finance institutions.
3. Strong Analytical Skills: Candidates should have excellent analytical skills to collect, interpret, and analyze data.
4. Knowledge of Evaluation Methods: Proficiency in various evaluation methods and techniques, such as impact evaluation, outcome mapping, and performance measurement frameworks, is desirable.
5. Communication Skills: Good verbal and written communication skills are essential for preparing reports, interacting with stakeholders, and presenting evaluation findings.
6. IT Skills: Proficiency in using computer applications and software for data analysis and reporting.
7. Teamwork: The ability to work collaboratively with multidisciplinary teams and stakeholders is important.
8. Attention to Detail: Meticulousness and attention to detail in data collection, analysis, and reporting are crucial for accurate evaluation outcomes.
9. Knowledge of Financial Sector: Familiarity with the financial sector and understanding of financial products and services would be an advantage.
Selection Process:
The selection process for the Monitoring and Evaluation Experts position may include shortlisting based on qualifications and experience, followed by interviews and/or written examinations to assess the candidates' knowledge, skills, and suitability for the role.
Application Procedure:
Interested candidates can visit the official website of SIDBI or the designated portal for job vacancies to access the application form. The application form should be filled out with the required information and supporting documents, as specified in the official vacancy announcement. The completed application form, along with the necessary documents, should be submitted within the specified deadline.
Education Info:-
To be eligible for certain job positions, such as those requiring a Bachelor's Degree in Engineering/Technology, job finders must fulfill certain educational criteria. Here is a description of the required educational qualifications:
Degree Requirement: Bachelor's Degree in Engineering/Technology
- Job seekers should have completed their Bachelor's Degree in Engineering or Technology from a well-recognized institute or board.
- The degree should be obtained from an accredited educational institution that offers programs in engineering or technology fields.
- The specific engineering or technology discipline required may vary based on the job position and the organization's requirements.
Good Academic Records:
- Along with the Bachelor's Degree, it is mentioned that job finders should have good academic records.
- Good academic records typically refer to consistent and satisfactory performance throughout the educational program.
- It implies that the candidate should have achieved a reasonable level of academic excellence, demonstrated through high grades or a strong GPA (Grade Point Average).
Well-Recognized Institute/Board:
- The educational institution or board from which the Bachelor's Degree is obtained should be well recognized.
- Well-recognized institutes or boards typically refer to reputable and accredited institutions that are recognized by educational bodies, professional organizations, or government authorities.
- The recognition ensures that the education received from the institute or board meets certain quality standards and is valued by employers and other educational institutions.
IT is advisable for job seekers to refer to the official job advertisement or the organization's website for the accurate and up-to-date information regarding the educational qualifications required for the desired job position.
Age Limit:-
age limit for applying candidates is set at a maximum of 45 years. Here are the key details regarding the age requirement:
Maximum Age Limit: The maximum age limit for applicants is 45 years. This means that candidates who have not reached their 46th birthday are eligible to apply for the job vacancy.
Age Relaxation: It's important to note that age relaxation provisions may exist for candidates belonging to specific categories as per government regulations. These relaxations are typically provided to candidates from reserved categories such as SC/ST, OBC, PWD (Persons with Disabilities), ex-servicemen, etc. The extent of age relaxation and the categories eligible for it may vary based on the organization's policies and the prevailing government rules.
Proof of Age: Candidates will be required to provide valid proof of their age during the application process. Acceptable documents for age verification may include birth certificates, government-issued identity cards, or any other documents specified in the official job advertisement.
It's important to note that age limits are set to ensure a fair and competitive selection process. These limits are determined by the organization or the governing body based on various factors, including job requirements, retirement policies, and government regulations.
Candidates interested in the job vacancy should refer to the official job advertisement or the organization's website for the most accurate and up-to-date information regarding the age limit, age relaxation provisions, and any other eligibility criteria specific to the position.
Pay Scale:-
The pay scale for successfully appointed contenders in this recruitment is Rs. 1,50,000 - 2,00,000/-. This means that the selected candidates will receive a monthly salary within this range. The specific amount within this range will depend on various factors such as the candidate's qualifications, experience, and the organization's salary structure.
The minimum salary mentioned is Rs. 1,50,000, which signifies the lowest amount that a candidate can expect to earn. On the other hand, the maximum salary mentioned is Rs. 2,00,000, which represents the highest amount that a candidate can potentially earn in this position.
The mentioned pay scale is specific to the recruitment being referred to, and it is determined by the recruiting organization based on their policies, budget, and other relevant factors.
Postal Address:-
The postal address provided for sending the application is as follows:
General Manager,
Green Climate Finance Vertical,
12th floor, Atmaram House,
Tolstoy Marg,
New Delhi – 110001.
Applicants who wish to submit their application for the specified position should address their envelope with the above details and send it to this postal address.
It is important to ensure the accuracy of the address and include all the necessary details, such as the recipient's designation (General Manager), the specific department (Green Climate Finance Vertical), the floor number (12th floor), the building name (Atmaram House), and the complete postal address including the street name (Tolstoy Marg) and the city (New Delhi). The postal code provided is 110001.
By following these instructions, the applicants can ensure that their application reaches the intended recipient at the given address.
Important Date:-
The important date mentioned is the last date to submit the application form, which is 17-07-2023.
This date signifies the deadline by which applicants must complete and submit their application form for the specified opportunity. It is essential to adhere to this deadline to ensure that the application is considered for further evaluation and processing.
Applicants should carefully note this date and make sure to complete all the necessary steps in preparing and submitting their application well before the deadline. It is advisable not to wait until the last moment to avoid any potential technical or logistical issues that may arise.
By meeting the specified deadline, applicants can demonstrate their punctuality, professionalism, and adherence to the application process, increasing their chances of being considered for the opportunity.
Official Website :-
0 Comments:
Post a Comment