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Abstract
The MSME sector is a significant contributor to the Indian Economy. It has emerged as a highly vibrant and dynamic sector of the Indian Economy over the decades. MSMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural and backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of National Income and wealth. MSME is a dynamic and highly contributing sector that nurtures entrepreneurial talent besides meeting social objectives including that of providing employment to millions of people across the country. A substantial body of research has established that the MSMEs face severe bank credit. MSMEs in the Indian economy, government has initiated various innovative financing policies for encouraging budding entrepreneurs to setup their units The researcher tries to analyze the contribution of SIDBI in the growth of MSME sector. It has been observed that in promotion and growth of MSMEs.The present research paper reveals that SIDBI is playing a very important role in promotion of MSME sector through this scheme.