Lok Sabha Question No. 4949 (UNSTARRED), answered on 2021-03-25
Subject: Atmanirbhar Package for MSMEs
Ministry: MICRO,SMALL AND MEDIUM ENTERPRISES
Asked by: Jayant Sinha

## GOVERNMENT OF INDIA

## MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES

## LOK SABHA UNSTARRED QUESTION NO. 4949 TO BE ANSWERED ON 25.03.2021

## ATMANIRBHAR PACKAGE FOR MSMEs

## 4949. SHRI JAYANT SINHA:

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

- (a) the details of initiatives taken for MSMEs under the Atmanirbhar Bharat Package;
- (b) the number of MSMEs  involved in handloom, handicraft and agro-based production across the country; and
- (c) the percentage of such MSMEs amongst total MSMEs in the country?

## ANSWER

## MINISTER OF MICRO, SMALL AND MEDIUM ENTERPRISES (SHRI NITIN GADKARI)

(a): Government has taken a number of initiatives under Atmanirbhar Bharat package for providing impetus to the Micro, Small and Medium Enterprises (MSME) sector. The financial measures announced by the Government for this sector include:

- (i) Rs. 3 lakh crores Collateral free Automatic Loans under Emergency Credit Line Guarantee  Scheme  (ECLGS)  for  business,  including  revival  of  MSMEs,  for Standard accounts and those accounts which are classified as SMA-0 and SMA1.  As reported by National Credit Guarantee Trustee Company Ltd (NCGTC), the implementing agency for this scheme, as on 28.02.2021, cumulative sanction of loans stood at Rs 2.46 lakh crore against which guarantees for a total amount of Rs 2.14 lakh crore to more than 92.27 lakh borrowers have been issued under ECLGS. About 87 lakh MSME units have availed guarantee which constitutes 95 per cent of the total guarantees issued under the scheme.
- (ii) Rs.20,000 crore Credit Guarantee Scheme for Subordinate Debt (CGSSD) for the promoters of stressed MSMEs viz. SMA-2 and NPA accounts which are eligible for  restructuring.  The  objective  of  the  scheme  is  to  provide  personal  loans through banks to the promoters of stressed MSMEs for infusion as equity / quasi equity  in  the  business  eligible  for  restructuring,  as  per  RBI  guidelines  for restructuring  of  stressed  MSME.  As  reported  by  Credit  Guarantee  Trust  for Micro  and  Small  Enterprises,  the  implementing  agency  of  the  scheme,  as  on 16.03.2021,  guarantees  to  the  tune  Rs.  40.59  crore  has  been  issued  to  344 borrowers.

- (iii)    Rs  50,000  crore  'Fund of Funds' (Self Reliant India Fund) scheme for MSME has  been  announced  specifically  to  cater  to  the  needs  to  growth  capital  of MSMEs.  Under the scheme, there is a target of equity infusion of Rs 50,000 crore  to  deserving  MSMEs  through  creation  of  a  'Fund  of  Funds'  with Government contribution of  Rs 10,000 crore.  NSIC Venture Capital Fund Ltd. a Subsidiaries Company of National Small Industry Corporation Ltd. (NSIC) is the implementing agency for this Scheme.

(b) & (c): As reported by DC (Handlooms), as per All India Handloom Census (201920), there are 28.23 lakh handlooms  across the country, which  are involved in manufacturing  handlooms  cloth/products.  As  on  30.06.2021,  out  of  total  number  of 1,02,31,073 MSMEs registered  in the Udyog Aadhaar Memorandum registration portal, 23,22,857  MSMEs  were  registered  under  the  NIC  code  10  (Manufacture  of  food products),    NIC  Code  11  (Manufacture  of  beverages),  NIC  Code  12  (Manufacture  of tobacco products), NIC Code 13 (Manufacture of textiles), NIC Code 14 (Manufacture of wearing  apparel)  NIC  Code  16  (Manufacture  of  wood  and  products  of  wood  and  cork, except furniture; manufacture of articles of straw and plaiting materials) and NIC Code 17 (Manufacture of paper and paper products). In the Udyam Registration System which is effective since 01.07.2020, out of total number of 24,84,528 MSMEs registered, 6,38,687 MSMEs are registered under the above mentioned NIC Code as on 22.03.2021.

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