Lok Sabha Question No. 2955 (UNSTARRED), answered on 2016-12-02
Subject: MUDRA Loans
Ministry: FINANCE
Asked by: KIRIT PREMJIBHAI SOLANKI, RAMESH POKHRIYAL NISHANK, KAMAKHYA PRASAD TASA, GOWDAR MALLIKARJUNAPPA SIDDESHWARA, DEVJI MANSINGRAM PATEL, NABA KUMAR SARANIA, MD. BADARIDDOZA KHAN

## Government of India Ministry of Finance

## Department of Financial services

## RAJYA SABHA UNSTARRED QUESTION No. 2955

TO BE ANSWERED ON THE 2 nd  December 2016/ AGRAHAYANA 11, 1938 (SAKA) 'MUDRA Loans'

2955.  DR. KIRTI P. SOLANKI:                   DR. RAMESH POKHRIYAL 'NISHANK':

SHRI KAMAKHYA PRASAD TASA:          SHRI G.M.SIDDESHWARA:

SHRI DEVJI M. PATEL:                              SHRI NABA KUMAR SARANIA:

SHRI MD. BADARUDDOZA KHAN:

Will the Minister of FINANCE be pleased to state:

- (a) the  mechanism  evolved  by  the  banks  for  proper  implementation  of  the  ambitious schemes like MUDRA;
- (b) whether the private banks are showing apathy towards the said scheme and if so, the details thereof;
- (c) whether  the  Government  proposes  to  reduce  the  interest  rate  on  Shishu,  Kishor  and Tarun  Schemes and if so, the details thereof;
- (d) the number of complaints received for disbursement of loan under the scheme since its inception along with the action taken by the Government, bank-wise;
- (e) the  target  fixed  and  achievements  made  by  the  Government  under  the  said  schemes during the last two years, Bank/State/UT-wise; and
- (f) the reasons for not achieving the desired targets and the steps taken/being taken by the Government to achieve the desired targets?

## ANSWER THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI SANTOSH KUMAR GANGWAR)

- (a) Banks  have  taken  several  steps  for  effective  implementation  of  various  schemes including Pradhan Mantri Mudra Yojana (PMMY). These inter alia, include; simplified loan application  forms,  standardised  processing,  credit  bureaus  checks,  publicity  campaigns, use of electronic portals etc.
- (b) Private  Sector  Banks  are  actively  involved  in  the implementation  of  PMMY.  During 2015-16, Private Sector Banks have disbursed  Rs. 20,026 crore, while in 2016-17, Private Sector Banks have so far disbursed  Rs.10,983 crore (as on Nov. 25, 2016).
- (c) The interest rates in respect of all categories of PMMY loans are governed by extant guidelines  of  Reserve  Bank  of  India  (RBI)  in  respect  of  lending  to  Micro  and  Small Enterprises  (MSEs).  Banks  can  fix  interest  rates,  taking  into  account  their  cost  of  funds, transaction costs, risk premium etc.
- (d)  Centralized  Public  Grievance  Redress  And  Monitoring  System  (CPGRAMS) has received  6,053  complaints  through  letters  against  various  banks  in  respect  of  PMMY scheme.  Of  these,  5,883  complaints  have  been  forwarded  to  respective  Banks  for redressal.
- (e) & (f) As against the target of Rs.1,22,188 crore fixed under PMMY for FY 2015-2016, the Banks and Micro Finance Institutions have together disbursed Rs. 1,32,954.73 crore. For  2016-17  Government  have  set  a  target  of  Rs.  1,80,000  crore.  Achievement  as  on Nov.25,  2016  has  been  Rs.  73,013.73  crore.  Bank-wise  target  fixed  and  achievements made during FY 2015-16 and FY 2016-17 (as on 25 November, 2016) is at Annexure I. State/UT-wise  target  has  not  been  fixed  by  Government.  However,  the  State/UT-wise achievement is at Annexure II .

| Bank-wise Targets and Achievements under Pradhan Mantri Mudra Yojana   | Bank-wise Targets and Achievements under Pradhan Mantri Mudra Yojana   | Bank-wise Targets and Achievements under Pradhan Mantri Mudra Yojana   | Bank-wise Targets and Achievements under Pradhan Mantri Mudra Yojana   | Bank-wise Targets and Achievements under Pradhan Mantri Mudra Yojana   | Bank-wise Targets and Achievements under Pradhan Mantri Mudra Yojana   |
|------------------------------------------------------------------------|------------------------------------------------------------------------|------------------------------------------------------------------------|------------------------------------------------------------------------|------------------------------------------------------------------------|------------------------------------------------------------------------|
|                                                                        | Bank                                                                   |                                                                        |                                                                        | (Amount in Rs.crore) FY 2016-17 (as on November 25, 2016)              | (Amount in Rs.crore) FY 2016-17 (as on November 25, 2016)              |
|                                                                        |                                                                        | Target                                                                 | Achievement                                                            | Target                                                                 | Achievement                                                            |
| 1                                                                      | State Bank of India                                                    | 13325                                                                  | 12281.18                                                               | 16300                                                                  | 3488.1                                                                 |
| 2                                                                      | State Bank of Bikaner and Jaipur                                       | 1435                                                                   | 1417.75                                                                | 1700                                                                   | 1105.49                                                                |
| 3                                                                      | State Bank of Hyderabad                                                | 1275                                                                   | 1366.52                                                                | 1800                                                                   | 987.64                                                                 |
| 4                                                                      | State Bank of Mysore                                                   | 415                                                                    | 812.95                                                                 | 900                                                                    | 251.76                                                                 |
| 5                                                                      | State Bank of Patiala                                                  | 980                                                                    | 786.6                                                                  | 1100                                                                   | 311.07                                                                 |
| 6                                                                      | State Bank of Travancore                                               | 955                                                                    | 334.82                                                                 | 850                                                                    | 228.24                                                                 |
| 7                                                                      | Allahabad Bank                                                         | 2084                                                                   | 1768                                                                   | 2400                                                                   | 919.83                                                                 |
| 8                                                                      | Andhra Bank                                                            | 4550                                                                   | 1569.36                                                                | 2500                                                                   | 792.56                                                                 |
| 9                                                                      | Bank of Baroda                                                         | 3455                                                                   | 1772.91                                                                | 3400                                                                   | 862.63                                                                 |
| 10                                                                     | Bank of India                                                          | 4225                                                                   | 2752.28                                                                | 4100                                                                   | 2165.29                                                                |
| 11                                                                     | Bank of Maharashtra                                                    | 1155                                                                   | 1290                                                                   | 1800                                                                   | 552.54                                                                 |
| 12                                                                     | Canara Bank                                                            | 7330                                                                   | 7506.64                                                                | 8300                                                                   | 2507.65                                                                |
| 13                                                                     | Central Bank of India                                                  | 2105                                                                   | 1459.56                                                                | 2500                                                                   | 1137.67                                                                |
| 14                                                                     | Corporation Bank                                                       | 905                                                                    | 985.31                                                                 | 1500                                                                   | 839.89                                                                 |
| 15                                                                     | Dena Bank                                                              | 605                                                                    | 386.97                                                                 | 900                                                                    | 319.52                                                                 |
| 16                                                                     | Indian Bank                                                            | 1615                                                                   | 1484.35                                                                | 2000                                                                   | 783.51                                                                 |
| 17                                                                     | Indian Overseas Bank                                                   | 1495                                                                   | 986.76                                                                 | 1900                                                                   | 419.38                                                                 |
| 18                                                                     | Oriental Bank of Commerce                                              | 1295                                                                   | 1309.25                                                                | 1800                                                                   | 418.79                                                                 |
| 19                                                                     | Punjab National Bank                                                   | 4865                                                                   | 3593.42                                                                | 5200                                                                   | 2149.83                                                                |
| 20                                                                     | Syndicate Bank                                                         | 2015                                                                   | 3019.06                                                                | 3600                                                                   | 1476.05                                                                |
| 21                                                                     | Union Bank of India                                                    | 3110                                                                   | 1841.06                                                                | 3200                                                                   | 1343.87                                                                |
| 22                                                                     | United Bank of India                                                   | 1760                                                                   | 1112.5                                                                 | 1500                                                                   | 660.9                                                                  |
| 23                                                                     | Punjab & Sind Bank                                                     | 570                                                                    | 465.85                                                                 | 900                                                                    | 261.6                                                                  |
| 24                                                                     | UCO Bank                                                               | 4090                                                                   | 2199.4                                                                 | 3300                                                                   | 569.81                                                                 |
| 25                                                                     | Vijaya Bank                                                            | 3070                                                                   | 1891.75                                                                | 2300                                                                   | 749.2                                                                  |
| 26                                                                     | IDBI Bank Limited                                                      | 1300                                                                   | 1688.45                                                                | 1900                                                                   | 1072.24                                                                |
| 27                                                                     | Bharatiya Mahila Bank                                                  | 16                                                                     | 44.4                                                                   | 50                                                                     | 17.81                                                                  |
| PSB Total                                                              |                                                                        | 70000                                                                  | 56127.1                                                                | 77700                                                                  | 26392.87                                                               |
| PVT. Total                                                             | PVT. Total                                                             | 30000                                                                  | 20046.99                                                               |                                                                        | 10983.29                                                               |
|                                                                        | RRB Total                                                              | 22379.77                                                               |                                                                        | 21000                                                                  | 5002.15                                                                |
| MFI Total                                                              | MFI Total                                                              | 0                                                                      | 10876.22                                                               | 15000                                                                  | 30635.42                                                               |
|                                                                        |                                                                        |                                                                        | 45904.42                                                               | 66300                                                                  |                                                                        |

| Annexure II STATE-WISE ACHIEVMENT PRADHAN MANTRI MUDRA YOJANA (PMMY)   | Annexure II STATE-WISE ACHIEVMENT PRADHAN MANTRI MUDRA YOJANA (PMMY)   | Annexure II STATE-WISE ACHIEVMENT PRADHAN MANTRI MUDRA YOJANA (PMMY)   | Annexure II STATE-WISE ACHIEVMENT PRADHAN MANTRI MUDRA YOJANA (PMMY)   | Annexure II STATE-WISE ACHIEVMENT PRADHAN MANTRI MUDRA YOJANA (PMMY)   | Annexure II STATE-WISE ACHIEVMENT PRADHAN MANTRI MUDRA YOJANA (PMMY)   |
|------------------------------------------------------------------------|------------------------------------------------------------------------|------------------------------------------------------------------------|------------------------------------------------------------------------|------------------------------------------------------------------------|------------------------------------------------------------------------|
| Sr No                                                                  | State Name                                                             | 2015-16 from                                                           | 08.04.15-31.03.16                                                      | [Amount Rs. in Crore] 2016-17 as on 25.11.16                           | [Amount Rs. in Crore] 2016-17 as on 25.11.16                           |
|                                                                        |                                                                        | No Of A/Cs                                                             | Disbursement Amt                                                       | No Of A/Cs                                                             | Disbursement Amt                                                       |
| 1                                                                      | Andaman and Nicobar Islands                                            | 24719                                                                  | 212.78                                                                 | 1015                                                                   | 17.06                                                                  |
| 2                                                                      | Andhra Pradesh                                                         | 795688                                                                 | 5790.79                                                                | 303850                                                                 | 2542.66                                                                |
| 3                                                                      | Arunachal Pradesh                                                      | 4625                                                                   | 71.62                                                                  | 4613                                                                   | 28.4                                                                   |
| 4                                                                      | Assam                                                                  | 427272                                                                 | 1728.46                                                                | 576034                                                                 | 955.39                                                                 |
| 5                                                                      | Bihar                                                                  | 2451439                                                                | 7265.91                                                                | 1684425                                                                | 3902.91                                                                |
| 6                                                                      | Chandigarh                                                             | 22605                                                                  | 204.52                                                                 | 7422                                                                   | 88.84                                                                  |
| 7                                                                      | Chhattisgarh                                                           | 639711                                                                 | 2156.14                                                                | 375824                                                                 | 1211.86                                                                |
| 8                                                                      | Dadra and Nagar Haveli                                                 | 1236                                                                   | 21.27                                                                  | 491                                                                    | 7.27                                                                   |
| 9                                                                      | Daman and Diu                                                          | 1109                                                                   | 12.02                                                                  | 504                                                                    | 5.13                                                                   |
| 10                                                                     | Delhi                                                                  | 394388                                                                 | 2857.97                                                                | 120072                                                                 | 1725.91                                                                |
| 11                                                                     | Goa                                                                    | 45471                                                                  | 376.04                                                                 | 14421                                                                  | 158.55                                                                 |
| 12                                                                     | Gujarat                                                                | 1086407                                                                | 5910.02                                                                | 584575                                                                 | 3254.7                                                                 |
| 13                                                                     | Haryana                                                                | 745535                                                                 | 3152.62                                                                | 399169                                                                 | 1631.38                                                                |
| 14                                                                     | Himachal Pradesh                                                       | 85564                                                                  | 965.7                                                                  | 32191                                                                  | 351.6                                                                  |
| 15                                                                     | Jammu and Kashmir                                                      | 57974                                                                  | 1152.15                                                                | 23720                                                                  | 448.12                                                                 |
| 16                                                                     | Jharkhand                                                              | 872868                                                                 | 2845.66                                                                | 482692                                                                 | 1472.72                                                                |
| 17                                                                     | Karnataka                                                              | 4459609                                                                | 16469.43                                                               | 2463239                                                                | 9485.45                                                                |
| 18                                                                     | Kerala                                                                 | 830411                                                                 | 4727.38                                                                | 430398                                                                 | 2382.76                                                                |
| 19                                                                     | Lakshadweep                                                            | 740                                                                    | 5.35                                                                   | 204                                                                    | 1.87                                                                   |
| 20                                                                     | Madhya Pradesh                                                         | 2511191                                                                | 7769.29                                                                | 1332771                                                                | 4049.44                                                                |
| 21                                                                     | Maharashtra                                                            | 3535065                                                                | 13372.42                                                               | 1965679                                                                | 8412.73                                                                |
| 22                                                                     | Manipur                                                                | 24021                                                                  | 120.03                                                                 | 9033                                                                   | 48.51                                                                  |
| 23                                                                     | Meghalaya                                                              | 19151                                                                  | 162.41                                                                 | 14064                                                                  | 70.67                                                                  |
| 24                                                                     | Mizoram                                                                | 7772                                                                   | 77.78                                                                  | 3802                                                                   | 41.15                                                                  |
| 25                                                                     | Nagaland                                                               | 5134                                                                   | 76.54                                                                  | 3694                                                                   | 32.24                                                                  |
| 26                                                                     | Odisha                                                                 | 2343261                                                                | 5436.26                                                                | 1434052                                                                | 3474.22                                                                |
| 27                                                                     | Pondicherry                                                            | 82866                                                                  | 331.91                                                                 | 77008                                                                  | 257.39                                                                 |
| 28                                                                     | Punjab                                                                 | 653973                                                                 | 3484.49                                                                | 359288                                                                 | 1723.04                                                                |
| 29                                                                     | Rajasthan                                                              | 1159819                                                                | 5248.28                                                                | 570582                                                                 | 3158.92                                                                |
| 30                                                                     | Sikkim                                                                 | 6889                                                                   | 54.61                                                                  | 13705                                                                  | 27.28                                                                  |
| 31                                                                     | Tamil Nadu                                                             | 4781567                                                                | 15496.86                                                               | 2863285                                                                | 8949.89                                                                |
| 32                                                                     | Telangana                                                              | 400761                                                                 | 3694.34                                                                | 120419                                                                 | 1491.41                                                                |
| 33                                                                     | Tripura                                                                | 68146                                                                  | 337.26                                                                 | 50347                                                                  | 185.59                                                                 |
| 34                                                                     | Uttar Pradesh                                                          | 3345382                                                                | 11880.93                                                               | 1785012                                                                | 6080.83                                                                |
| 35                                                                     | Uttarakhand                                                            | 360007                                                                 | 1745.08                                                                | 157193                                                                 | 747.27                                                                 |
| 36                                                                     | West Bengal                                                            | 2628548                                                                | 7740.41                                                                | 1719050                                                                | 4590.54                                                                |
| Total                                                                  |                                                                        | 34880924                                                               | 132954.73                                                              | 19983843                                                               | 73013.73                                                               |