Lok Sabha Question No. 3137 (UNSTARRED), answered on 2021-12-16
Subject: Financial Assistance to MSME Traders
Ministry: MICRO,SMALL AND MEDIUM ENTERPRISES
Asked by: Chandeshwar Prasad

## GOVERNMENT OF INDIA MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES

## LOK SABHA UNSTARRED QUESTION NO. 3137 TO BE ANSWERED ON 16.12.2021

## FINANCIAL ASSISTANCE TO MSME TRADERS

3137. SHRI CHANDESHWAR PRASAD:

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

- (a) whether the Government has decided to provide financial assistance to MSME traders  under various schemes of the Government in the country particularly in Bihar;
- (b) if so, the details thereof;
- (c) the schemes that are being implemented in the State of Bihar; and
- (d) the details of quantum of funds being released under each scheme?

## ANSWER

## MINISTER OF MICRO, SMALL AND MEDIUM ENTERPRISES (SHRI NARAYAN RANE)

(a) & (b): The  Ministry  of  MSME  implements  Credit  Guarantee  Scheme  (CGS)  for  Micro  & Small Enterprises for providing guarantee to Banks and Financial Institutions for credit extended to Micro and Small Enterprises. Retail Traders have also been included under the ambit of this scheme since  01.04.2018.  In  addition  to  this,  Prime  Ministers  Employment  Generation  Programme  also focuses on certain selective trading activities. The Government has also launched Emergency Credit Line Guarantee Scheme to provide collateral free automatic business loans. This scheme also covers MSMEs, including traders. Since 02.07.2021 the Ministry of MSME has allowed enterprises engaged in  the  wholesale  and  retail  trading  activity  to  get  themselves  registered  on  'Udyam    Registration Portal' to enable them to  apply for  loans under Priority Sector Lending.

- (c): The above mentioned schemes are implemented across the country, including in the state of Bihar.
- (d): The status of implementation of the schemes in the country during the current financial year is given below:

## Amount of Credit Guarantee provided under CGS & ECLGS  and Margin Money provided under PMEGP in the Financial Year 2020-21 and 2021-22

| Name of Schemes                                         | Amount of Credit Guarantee / Margin Money provided (in Rs. Crore)   | Amount of Credit Guarantee / Margin Money provided (in Rs. Crore)   |
|---------------------------------------------------------|---------------------------------------------------------------------|---------------------------------------------------------------------|
|                                                         | FY 2020-21                                                          | FY 2021-22                                                          |
| Credit Guarantee Scheme (CGS)                           | 36,899.39                                                           | 22,958.58 (as on 30.11.2021)                                        |
| Emergency Credit Line Guarantee Scheme (ECLGS)          | 2,33,980.22                                                         | 31,412.07 (as on 29.11.2021)                                        |
| Prime Ministers Employment Generation Programme (PMEGP) | 2,188.80                                                            | 1,324.85 (as on 01.12.2021)                                         |

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