Lok Sabha Question No. 5539 (UNSTARRED), answered on 2018-04-02
Subject: CriSidEx for MSMEs
Ministry: MICRO,SMALL AND MEDIUM ENTERPRISES
Asked by: PRATHAP SIMHA

## GOVERNMENT OF INDIA

## MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES

## LOK SABHA UNSTARRED QUESTION NO. 5539 TO BE ANSWERED ON: 02.04.2018

## CriSidEx FOR MSMEs

## 5539.       SHRI PRATHAP SIMHA:

Will  the  Minister  of  MICRO,  SMALL  AND  MEDIUM  ENTERPRISES  be pleased to state:

- (a) whether  the  Government  has  launched CriSidEx  ,  India's  first  sentiment index for Micro and Small Enterprises (MSEs) developed jointly by CRISIL & SIDBI;
- (b)   if so, the details thereof and the manner in which it is expected to work to measure performance of the MSEs and the parameters adopted therefor;
- (c)   the  details of  steps taken by the Government for increased integration of MSME sector into formal economy; and
- (d)   the  steps taken by the Government to improve investor sentiment around MSMEs in the country?

## ANSWER

## MINISTER OF STATE (INDEPENDENT CHARGE) FOR MICRO, SMALL AND MEDIUM ENTERPRISES (SHRI GIRIRAJ SINGH)

(a)&(b):   Yes, Madam.  CriSidEx  aims  to assess the current and future expectations and to gauge the performance of Micro & Small enterprise (MSE) Sector by using several parameters which are given at the Annexure.

(c)&(d):   In order to improve investor sentiments and increase the formalisation around the micro, small and medium enterprises (MSMEs), the Government has taken  several  measures  such  as  implementation  of  GST  and  demonetization, linking the Trade Receivables Discounting System Platform with GST Network, revamping of the online loan sanctioning facility, improving the competitiveness  of  the  MSMEs  with  the  help  of  National  Manufacturing Competitiveness Programme (NMCP), MSE-Cluster Development Programme (MSE-CDP) and Marketing Development Assistance (MDA) Scheme and other measures.

## Annexure referred to in reply to part (a)&(b) of the Lok Sabha Unstarred Question No. 5539 for answer on 02.04.2018.

## Category wise business parameters used in CriSidEx

| Category      | Parameters                                                                                                                                                                                                                      | Parameters   | Parameters   | Parameters   | Parameters   | Parameters   |
|---------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|--------------|--------------|--------------|--------------|
| Manufacturing |  Business situation  Production volumes  Order book size / volume of import orders placed (for importers)  PAT margin  Capacity utilisation  Employee base  Ad hoc question(s) related to any major initiatives/policies |              |              |              |              | government   |
| Services      |  Business situation  Order/ Contracts book size  PAT margin  Employee base  Ad hoc question(s) initiatives/policies                                                                                                        | related      | to           | any          | major        | government   |
| Lenders       |  MSE business situation  MSE lending rates  MSE asset quality  Factors hindering MSE credit  Ad hoc question(s) initiatives/policies                                                                                       | related      | to           | any          | major        | government   |