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Identify the outcome(s) of SIDBI's Rural Industries Programme. (a) It aims to develop viable and self-sustaining small enterprises.(b) It a
Question

Identify the outcome(s) of SIDBI's Rural Industries Programme.
(a) It aims to develop viable and self-sustaining small enterprises.
(b) It aims to develop small enterprises in rural and semi-urban India utilizing local entrepreneurial talent.
(c) It aims to create large companies in rural areas.

(d) It deliberately selects backward districts and focuses on project sustainability.

A.

(a) Both b and c

B.

(b) Only c

C.

(c) Only d

D.

(d) Only a, b and d

Correct option is D

The correct answer is (d) Only a, b and d

Explanation:
• SIDBI's Rural Industries Programme (RIP): This is a comprehensive intervention to promote rural entrepreneurship.
• Statement A is Correct: The core objective is to create viable, self-sustaining enterprises, not just temporary setups.
• Statement B is Correct: It specifically targets rural and semi-urban areas to harness local talent, thereby checking migration to cities.
• Statement D is Correct: The programme often focuses on backward districts to ensure balanced regional development.
• Statement C is Incorrect: The focus is on *small* enterprises (Micro and Small Enterprises), not "large companies." Large industries require different infrastructure and capital not typically addressed by this specific rural programme.

Information Booster:
• SIDBI: Small Industries Development Bank of India, established in 1990.
• Headquarters: Lucknow, Uttar Pradesh.
• Role: It serves as the principal financial institution for the promotion, financing, and development of the MSME sector.

Additional Knowledge:
• Micro vs Small: Under the MSME definition (2020), a Micro enterprise has an investment < ₹1 Cr and turnover < ₹5 Cr, whereas a Small enterprise has investment < ₹10 Cr and turnover < ₹50 Cr.

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