Lok Sabha Question No. 3513 (UNSTARRED), answered on 2022-03-24
Subject: Incentives to Scale Up of MSME
Ministry: MICRO,SMALL AND MEDIUM ENTERPRISES
Asked by: Prathap Simha, Annasaheb Shankar Jolle, Umesh G. Jadhav, S. Muniswamy, L.S. Tejasvi Surya, B. Y. Raghavendra, Sanganna Amarappa Karadi

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

## LOK SABHA

## UNSTARRED QUESTION NO. 3513

TO BE ANSWERED ON 24.03.2022

## INCENTIVES TO SCALE UP OF MSME

3513.

SHRI PRATHAP SIMHA:

SHRI S. MUNISWAMY:

SHRI SANGANNA AMARAPPA:

SHRI L.S. TEJASVI SURYA:

SHRI B.Y. RAGHAVENDRA:

DR. UMESH G. JADHAV:

SHRI ANNASAHEB SHANKAR JOLLE:

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

- (a) the details of MSMEs which have grown from being a micro to small, small to medium and medium to large enterprise during the last five years and the current year, year-wise and category-wise;
- (b) whether the Government offers any incentives for aiding the scaling up of MSMEs to grow from one category to another and if so, the details thereof; and
- (c) whether  the  assistance  provided  by  the  Government  under  the  Atmanirbhar  Bharat  Yojana  has helped MSMEs grow or remain functional to meet new NPA norms; and
- (d) if  so,  the  details  thereof and the  success achieved in this regard under various schemes especially Emergency Credit Line Guarantee Scheme?

## ANSWER

## MINISTER OF STATE FOR MICRO, SMALL AND MEDIUM ENTERPRISES (SHRI BHANU PRATAP SINGH VERMA)

(a): The Ministry of Micro, Small and Medium Enterprises (MSME) vide its Gazette Notification S.O. 2119 (E) dated 26 th June, 2020 changed the definition of MSME. Following this, the Udyam Registration portal was launched for registration of MSMEs only on 1 st July, 2020. The details of MSMEs which have grown from  micro to small and from small to medium since inception till 22 nd March,  2022,  as  per  the Udyam Registration portal are as under:

| Micro to Small   | Small to Medium   |
|------------------|-------------------|
| 28,684           | 3,679             |

(b): For  scaling  up  of  MSMEs,  the  Government  has  announced  the  Self  Reliant  India  Fund  with  an objective to channelize funds to MSMEs as growth capital, in the form of equity or quasi-equity for growth of MSMEs.

(c) & (d): The  Government  announced  Credit  Guarantee  Scheme  for  Subordinate  Debt  (CGSSD) under the  Aatmanirbhar  Bharat  Abhiyan  for  helping MSMEs  to remain  functional.   The  objective  of  the scheme is to provide credit facility through lending institutions to the  promoters  of stressed MSMEs viz. Special  Mention  Accounts-2  (SMA-2)  and  NPA  accounts  which are eligible for  restructuring as  per  RBI guidelines on the books of the lending institutions.

The success achieved in major schemes especially Guaranteed Emergency Credit Line  (GECL) /Emergency Credit Line Guarantee Scheme (ECLGS) and Credit Guarantee Scheme for Subordinate Debt (CGSSD) is as under:

- i. Since inception in 2020 till February 28, 2022, 1.12 crore MSMEs have been provided with 100% guaranteed collateral free loans amounting to Rs. 2.11 lakh crore under GECL/ECLGS.
- ii. Since inception in 2020 till 2 nd March, 2022, 765 guarantees amounting to Rs. 84.40 crore have been approved under CGSSD for Stressed MSMEs.

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