Rehabilitation of Sick Industrial Units

Organisation

Small Industries Development Bank of India (SIDBI)

Objective

For providing assistance for rehabilitation of potentially viable sick units.

Eligibility

Potentially viable SSI units including units in cottage and village industries and in tiny sector, conforming to definition of sick SSI unit as prescribed in RBI guidelines. The assistance is meant for sick SSI units for which proper rehabilitation packages have been drawn up. Units eligible for rehabilitation assistance should be capable of being restored to normal health within a reasonable time.

Brief

Scheme operated through Primary Lending Institutions [PLIs] .