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MoU signed between Ministry of AYUSH and SIDBI : Subsidy up to Rs. 8.15 Cr. to invest in the AYUSH sector

Ministry of AYUSH and SIDBI-

An MoU was signed yesterday between the Ministry of Ayush and the Small Industries Development Bank of India (SIDBI) as a part of a Central Sector Scheme.
Shri Pramod Kumar Pathak, Special Secretary, Ministry of Ayush and Shri Ravi Tyagi Chief General Manager, SIDBI signed the #MoU.
Ministry of AYUSH and SIDBI
Under the scheme financial assistance in the form of interest subsidy up to Rs. 8.15 Cr. would be given to the private investors to encourage them to #invest in the #Ayushsector.
Ministry of AYUSH and SIDBI
SIDBI shall act as a single national-level nodal implementing agency for channelizing interest subsidy to the various lending institutions through their Nodal Offices.
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Senior officers of both the Ministry of Ayush and SIDBI were present for the signing of the MoU which took place at the Ministry of Ayush.
All necessary #Covid19 guidelines were followed during the event.
Official Links-
News Source & Photo Credit-https://www.ayush.gov.in/ & its Social Media Page

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