Mumbai/Kolkata: DBS Bank India has joined hands with social enterprise Haqdarshak to enable recovery of Indian businesses through Haqdarshak’s newly launched platform, which offers access to MSME-focused government-assisted schemes, covering registrations, documentation and applications for financing, across the country.
The new platform provides information around government schemes such as SIDBI Loan Scheme for MSMEs, Emergency Credit Line Guarantee Scheme, Prime Minister Street vendor’s AtmaNirbhar Nidhi Yojana, etc.
With this initiative, Haqdarshak aims to reach 100,000 MSMEs and support 1 million jobs annually.
Haqdarshak’s first platform was designed to ensure that citizens can access and apply for government and private welfare schemes. With COVID-19 and the introduction of various MSME-focused government relief measures, Haqdarshak identified this as an opportunity to provide application support services to business owners for availing the right schemes.
DBS Foundation’s BTI grant of INR 2.7 million enabled Haqdarshak to expand into this segment.