Lok Sabha Question No. 4059 (UNSTARRED), answered on 2016-12-09
Subject: SIDBI Fund to MSME
Ministry: FINANCE
Asked by: NISHIKANT  DUBEY

## (a) & (b)

## GOVERNMENT OF INDIA MINISTRY OF FINANCE

## DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA UNSTARRED QUESTION NO. 4059 TO BE ANSWERED ON 9th DECEMBER, 2016 / AGRAHANAYA 18, 1938 (SAKA)

## 'SIDBI FUND TO MSME'

## 4059 : SHRI NISHIKANT DUBEY :

Will the Minister of FINANCE be pleased to state

- (a) Whether the Small Industries Development Bank of India (SIDBI) has set up a fund under Make in India programme for Micro, Small & Medium Enterprises (MSME) sector;
- (b) if the details thereof and the role of SIDBI in micro financing sector
- (d) if the details thereof, State/UT-wise including Jharkhand; and SO,
- (c) whether the SIDBI has identified the MSME units for  providing loans at concessional rates under the said scheme;
- (e) the steps taken by the Government in this regard ?

## ANSWER

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

Small Industries Development Bank of India (SIDBI) has set up a Make in India Fund [MII Fund]' of Rs.1,000 crore out of its own resources which became operational in July 2015. SIDBI has also launched "SIDBI Make in India Soft Loan Fund for Micro, Small & Medium Enterprises (SMILE)" with a corpus of Rs. 10,000 crore with the objective to provide soft Ioan, in the nature of quasi-equity and term Ioan to Micro, Small and Medium Enterprises (MSMEs) to take forward Make in India' campaign.

SIDBI provides loans and capacity   building support to Micro Finance Institutions (MFIs) for on-lending to the economically disadvantaged people, mostly women:

## (c) to (e)

MII Fund targets new and existing MSMEs under the sectors identified within the Make In India Programme\_ Loans extended through the MII Fund are entitled to a concession of 50 basis points on the applicable interest rate\_ State wise details of credit extended by SIDBI under MII and SMILE fund is at Annex: falling

## State wise sanction under SIDBI Make in India Fund (upto December 04,2016)

| State / UTs   | No of Customer   | Sanc. Amt Rs. in crore)   |
|---------------|------------------|---------------------------|
| Chandigarh    | 10               | 44.10                     |
| Chhattisgarh  |                  | 0.00                      |
| Goa           | 1                | 1.10                      |
| Gujarat       | 98               | 310.34                    |
| Haryana       | 4                |                           |
| Kamataka      | 5                | 7,94                      |
| Kerala        | 2                | 5.50                      |
| Maharashtra   | 28               | 97.42                     |
| New Delhi     | 13               | 45.05                     |
| Punjab        | 14               | 12.88                     |
| Rajasthan     | 28               | 52.86                     |
| Tamil Nadu    | 73               | 76.69                     |
| Telangana     |                  | 15.00                     |
| Uttar Pradesh | 28               | 41.78                     |
| Uttarakhand   | 3                | 9,25                      |
| West Bengal   | 3                | 3.40                      |
| Total         | 313              | 729.56                    |

## State-wise sanction under SMILE up to 4/12/2016

| SNo.   | State / UTs          | No. of beneficiaries   | Cr,)    |
|--------|----------------------|------------------------|---------|
|        | Andhra Pradesh       | 11                     | 37.25   |
| 2      | Assam                |                        | 0.30    |
| 3      | Chandigarh           | 10                     | 25.58   |
| 4      | Chhattisgarh         |                        | 12.66   |
| 5      | Dadar Nagar & Haveli |                        | 7.54    |
| 6      | Daman & Diu          |                        | 1,55    |
| 7      | Delhi                |                        | 200.78  |
| 8      | Goa                  |                        | 3.40    |
| 9      | Gujarat              | 132                    | 497.93  |
| 10     | Haryana_             | 114                    | 226,24  |
| 11     | Himachal Pradesh     | 12                     | 61.08   |
| 12     | Jharkhand            | 8                      | 5,92    |
| 13     | Karnataka            | 23                     | 56.16   |
| 14     | Kerala               | 9                      | 11.39   |
| 15     | Madhya Pradesh       | 19                     |         |
| 16     | Maharashtra          | 151                    | 380.16  |
| 17     | Odisha               | 7                      | 4,65    |
| 18     | Puducherry           | 3                      | 9.15    |
| 19     | Punjab               | 83                     | 132.60  |
| 20     | Rajasthan            | 74                     | 241.39  |
| 21     | Tamil Nadu           | 111                    | 196.74  |
| 22     | Telangana            | 22                     | 42.85   |
| 23     | Ultar Pradesh        | 57                     | 98.86   |
| 24     | Uttarakhand          | 8                      | 18,14   |
| 25     | West Bengal          | 10                     | 38.16   |
| Total  | Total                | 957                    | 2384.12 |