The State Bank of India (SBI) signed a Memorandum of Understanding (MoU) with the Indira Gandhi Centre for the Arts (IGNCA) and National Culture Fund (NCF) of the Ministry of Culture, for Development of Atmanirbhar Bharat Centre for Design (ABCD) at L1 Barrack, Red Fort, in Delhi.
Atmanirbhar Bharat Centre of Design (ABCD) aims to highlight, promote and celebrate the products that have the Geographical Indication sign.The ABCD project will be implemented by IGNCA, an autonomous organization under Ministry of Culture through ministry’s NCF fund. SBI will sponsor the project under CSR with a contribution of Rs. 10 crore for the implementation of ABCD Project.