Lok Sabha Question No. 2186 (UNSTARRED), answered on 2021-03-08
Subject: Credit to MSMEs
Ministry: FINANCE
Asked by: Hemant Tukaram Godse

## GOVERNMENT OF NNDIA MINISTRY OF FNNANCE DEPARTMENT OF FNNANCIAL SERVICES

## LOK SABHA

## UN-STARRED QUESTION NO. 2186

## TO BE ANSWERED ON &th March; 2021 PHALGUNA 17, 1942 (SAKA) Credit to MSMEs

## 2186. SHRI HEMANT TUKARAM GODSE:

Will the Minister of FINANCE be pleased to state:

- (a) whether the Government has recently issued some guidelines to public sector banks to analyse credit issue with regard to Micro, Small and Medium Enterprises (MSMEs) and if s0, the details thereof;
- (6) whether the Government has advised any monitoring mechanism in this regard and if S0, the details thereof; and
- (c) the success of MSMEs in the country with reference to Maharashtra? special

## ANSWER

## MINISTER OF STATE NN THE MNNISTRY OF FNANCE

## (SHRI ANURAG SNNGH THAKUR)

- (a) to (b) Government had launched a 'Support and Outreach programme for Micro, Small and Medium Enterprises (MSMEs)' on November 2018. The programme inter-alia, included initiatives for MSMEs on access to credit, access to market, technology upgradation; ease of business, social security for MSME sector employees etc. 2nd doing
- To further consolidate the of the campaign, Government advised Public Sector Banks (PSBs) to designate a Chief General Manager General Manager level officer to do in-depth analysis of issues in availability of credit faced by MSMEs under the supervision of Executive Director (ED) in charge of MSME financing of the bank: Government has taken various steps towards effective implementation in this which inter-alia include nomination of nodal officers, video conferences to monitor the progress, weekly reporting on specified format etc gains regard
- (c) As per data compiled by Reserve Bank of India (RBD), outstanding credit of Scheduled Commercial Banks (SCBs) to Micro, Small and Medium Enterprises (MSMEs) during the last three Financial Years (FYs) has grown steadily. Outstanding  credit to MSMEs by SCBs all over India and in the State of Maharashtra is given below:

| Outstanding credit amount to MSMEs (in Rs crore)   | Outstanding credit amount to MSMEs (in Rs crore)   | Outstanding credit amount to MSMEs (in Rs crore)   | Outstanding credit amount to MSMEs (in Rs crore)   |
|----------------------------------------------------|----------------------------------------------------|----------------------------------------------------|----------------------------------------------------|
|                                                    | As on March 31,2018                                | As on March 31,2019                                | As on March 31, 2020                               |
| All over India                                     | 13,24,239.34                                       | 15,10,650.52                                       | 16,13,582.17                                       |
| In State Maharashtra                               | 2,35,191.58                                        | 2,62,887.01                                        | 3,03,670.86                                        |