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Which State government has signed a MoU with SIDBI, to provide market support to its 35 lakh MSMEs ?

  • A.Tamil Nadu
  • B.Gujarat
  • C.Andhra Pradesh
  • D.Uttar Pradesh

Answer: B

The state is Gujarat.

The Gujarat government signed an MoU with the Small Industries Development Bank of India in Gandhinagar in 2020 to give its 35 lakh micro, small and medium enterprises capacity building and market support, help with technology transfer and innovation, and support in recovering from COVID-19.

Tamil Nadu, Andhra Pradesh and Uttar Pradesh were not party to this MoU.

SIDBI is the principal financial institution for the promotion and financing of MSMEs in India.

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