July 11, 2023
govt information
Small Industries Development Bank of India (SIDBI) is a financial institution in India that was established on April 2, 1990, under an Act of the Indian Parliament. It is headquartered in Lucknow, Uttar Pradesh. SIDBI is primarily focused on providing financial and developmental support to small-scale industries and micro, small, and medium enterprises (MSMEs) in the country.
SIDBI plays a crucial role in promoting and developing the MSME sector, which is considered the backbone of the Indian economy, providing employment opportunities and contributing to GDP growth. The bank's objective is to facilitate the growth and development of small businesses by offering various financial products, services, and support mechanisms.
Some of the key functions and roles of SIDBI include:
1. Financing: SIDBI provides financial assistance to MSMEs through various schemes and programs. It offers term loans, working capital assistance, equipment finance, and project-specific funding to help entrepreneurs establish and expand their businesses.
2. Refinancing: SIDBI acts as a refinancing agency for institutions that provide finance to small-scale industries. It refinances loans provided by commercial banks, state financial corporations, and other financial institutions, thereby enabling them to extend credit to MSMEs at affordable rates.
3. Developmental Initiatives: SIDBI undertakes various developmental initiatives to enhance the competitiveness and capabilities of MSMEs. It supports skill development programs, entrepreneurship development programs, technology upgradation, and capacity building activities to strengthen the small business ecosystem.
4. Risk Management: SIDBI provides risk management services and products to assist MSMEs in managing their financial risks effectively. It offers credit guarantees, venture capital, and equity support to help mitigate risks and encourage entrepreneurship.
5. Policy Advocacy: SIDBI actively engages with policymakers and government agencies to advocate for favorable policies and regulations for MSMEs. It represents the interests of small businesses and provides inputs for policy formulation and implementation.
SIDBI collaborates with various stakeholders such as commercial banks, state governments, industry associations, and international organizations to create an enabling environment for MSMEs. It has a widespread network of regional and branch offices across the country to ensure easy accessibility of its services to entrepreneurs in different regions.
Overall, SIDBI plays a crucial role in the development of MSMEs by providing financial support, promoting innovation, and fostering an entrepreneurial ecosystem in India.
Mode of Apply:-
When it comes to the mode of applying for various processes, including job applications, exams, or any other official procedure, applying offline refers to submitting the required documents and forms physically, typically through traditional means such as postal mail, courier service, or in-person submission.
When applying offline, individuals typically need to obtain the relevant application form or document from the concerned institution or organization. They then fill out the form manually, providing the necessary details, attaching any required supporting documents, and signing where necessary. After completing the application, it is submitted through the designated offline mode, such as mailing it to the specified address or hand-delivering it to the relevant office.
Offline application processes are often used in scenarios where online facilities are limited, or when the institution or organization prefers to receive physical copies of the application. This method allows individuals to complete the application without relying on internet connectivity or online platforms. It also provides a paper trail and physical records for administrative purposes.
it's worth noting that with the increasing digitalization and technological advancements, many institutions and organizations now offer online application options to enhance convenience and efficiency. Online application methods allow applicants to fill out forms electronically, upload documents digitally, and submit applications online. This approach saves time, reduces paperwork, and simplifies the overall application process for both applicants and administrators.
Vacancy Details:-
SIDBI Vacancy Details:
1. Monitoring and Evaluation Experts - 02 positions
SIDBI occasionally announces job vacancies for various positions, and one such position is for Monitoring and Evaluation Experts. Here are the details related to this specific vacancy:
Number of Positions: There are two (02) positions available for Monitoring and Evaluation Experts.
Role and Responsibilities: As a Monitoring and Evaluation Expert at SIDBI, your primary responsibilities would include:
- Developing and implementing monitoring and evaluation frameworks for various projects and initiatives undertaken by SIDBI.
- Designing and conducting evaluations to assess the effectiveness and impact of SIDBI's programs and policies.
- Collecting and analyzing data related to project performance, outcomes, and impact.
- Providing recommendations and insights based on the evaluation findings to improve program implementation and decision-making.
- Collaborating with internal teams and external stakeholders to ensure effective monitoring and evaluation practices.
- Preparing reports and presentations to communicate evaluation findings and recommendations.
Qualifications and Experience: The specific qualifications and experience requirements for Monitoring and Evaluation Experts may vary, but typically they include:
- Educational Qualification: A postgraduate degree in a relevant field such as Economics, Finance, Business Administration, or Social Sciences. Additional certifications or specialization in monitoring and evaluation would be advantageous.
- Experience: A minimum of 5-7 years of relevant work experience in monitoring and evaluation, preferably in the financial or development sector. Experience in designing and implementing monitoring and evaluation frameworks, conducting evaluations, data analysis, and reporting is desirable. Knowledge of statistical analysis software and tools may be required.
Application Process: The application process for SIDBI vacancies generally involves the following steps:
1. Notification: The vacancy announcement is made through official channels such as the SIDBI website, job portals, and newspapers. The notification provides details about the position, qualifications required, application deadline, and how to apply.
2. Application Submission: Interested candidates are required to submit their application along with the necessary documents, such as a resume/CV, educational certificates, experience certificates, and any other supporting documents as specified in the notification.
3. Screening and Shortlisting: The applications received are screened, and eligible candidates are shortlisted based on the specified criteria. Shortlisted candidates may be required to undergo further selection stages, such as written tests, interviews, or group discussions.
4. Selection and Appointment: The final selection is made based on the candidate's performance in the selection stages and their suitability for the position. The selected candidates are then offered an appointment with SIDBI.
It's important to note that the above information is a general description of the vacancy details for Monitoring and Evaluation Experts at SIDBI. The specific vacancy announcement may provide more detailed information, and it is advisable to refer to the official SIDBI website or the official notification for the most accurate and up-to-date information regarding this particular vacancy.
Education Info:-
To be eligible for job positions at Small Industries Development Bank of India (SIDBI), job finders are required to fulfill certain educational qualifications. The specific education requirements may vary depending on the job role and the specific vacancy advertised. Here is a general description of the educational qualification mentioned:
Bachelor's Degree in Engineering/Technology: Job finders should have completed a Bachelor's degree in Engineering or Technology from a well-recognized institute or board. The specific engineering disciplines may vary based on the job role and the requirements mentioned in the job advertisement. Some common engineering disciplines include Civil Engineering, Mechanical Engineering, Electrical Engineering, Computer Science Engineering, and so on.
Good Academic Records: Along with the Bachelor's degree, candidates are expected to have a strong academic background. Good academic records typically refer to consistently good grades throughout the undergraduate program. The specific requirement for academic performance may vary, and it is advisable to refer to the job advertisement or SIDBI's website for any specific GPA or percentage criteria.
SIDBI's website for the accurate and up-to-date educational requirements for a particular vacancy. Additionally, meeting the educational qualification is just one aspect of the overall eligibility criteria, and candidates may need to fulfill other requirements such as experience, age limits, and specific skills mentioned in the job advertisement to be considered eligible for the job position.
Age Limit:-
According to the provided information, the age limit for applying candidates must not exceed 45 years. Here are the key details regarding the age limit:
Maximum Age Limit: 45 years
Applying candidates should ensure that their age does not exceed 45 years at the time of application. This implies that candidates who have crossed the age of 45 are not eligible to apply for the mentioned job vacancy.
It's important to note that age limits can vary for different job vacancies and organizations. The specified age limit is subject to the requirements of the specific position and can change from one recruitment cycle to another. It's advisable for candidates to refer to the official job advertisement or the organization's website to obtain the most accurate and up-to-date information regarding the age limit for the particular vacancy they are interested in.
Candidates should carefully review the age limit criteria mentioned in the official job advertisement to determine their eligibility. Any relaxation in the age limit, if applicable (such as for reserved categories or as per government regulations), should also be considered and clarified in the official job advertisement.
Please note that the age limit mentioned here is based on the provided information, and actual job advertisements or notifications may include more specific details or exceptions. It is essential to refer to the official sources for precise and up-to-date information regarding the age limit for the job vacancy.
Pay Scale:-
The pay scale mentioned indicates the salary range that will be offered to individuals who are successfully appointed for a particular recruitment. In this case, the appointed contenders can expect a salary of Rs. 1,50,000 to Rs. 2,00,000 per month.
The pay scale mentioned is presented as a range to account for different factors such as experience, qualifications, and job responsibilities. The actual salary within this range will depend on various factors, including the candidate's qualifications, level of experience, and the specific position or role for which they are appointed.
It's important to note that pay scales can vary across different organizations, industries, and job roles. Salaries are typically determined based on market standards, internal policies of the recruiting organization, and negotiation between the employer and the appointed candidate.
It is advisable for candidates to review the specific terms and conditions of the recruitment notification, including any additional benefits, allowances, or incentives that may be offered along with the salary.
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
When submitting an application for a specific purpose, such as for a job position or any other relevant matter related to the Green Climate Finance Vertical, the applicant should ensure that the application is addressed to the General Manager.
The location of the postal address is in New Delhi, the capital city of India. The specific building mentioned is Atmaram House, which is located on the 12th floor. The street name is Tolstoy Marg.
The pin code or postal code associated with this address is 110001, which is unique to the New Delhi area.
Important Date:-
The important date provided is as follows:
Last date to submit application form: 17-07-2023.
This indicates the deadline by which interested individuals must complete and submit their application forms for the specified opportunity. Applicants should ensure that their application forms are submitted on or before this date to be considered for the recruitment process.
It is important to note that the date format mentioned is in the day-month-year format. In this case, the last date for submitting the application form is July 17, 2023.
Candidates are advised to carefully follow the instructions provided by the recruiting organization regarding the submission of the application form. It is recommended to complete the form well in advance of the deadline to avoid any last-minute complications or technical issues that may arise.
Official Website :-
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