Lok Sabha Question No. 1568 (UNSTARRED), answered on 2025-02-13
Subject: CGTMSE
Ministry: MICRO, SMALL AND MEDIUM ENTERPRISES
Asked by: Shri Jagannath Sarkar

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

## LOK SABHA UNSTARRED QUESTION NO. 1568 TO BE ANSWERED ON 13.02.2025

## CGTMSE

1568.

SHRI JAGANNATH SARKAR:

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

- (a) the number of MSMEs that have availed benefits under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme in West Bengal during the last five years, year-wise;
- (b) the  steps  taken  to  increase  awareness  and  access  to  credit  guarantee  schemes  among  MSMEs, particularly in underserved districts of West Bengal; and
- (c) the total credit disbursed to MSMEs in West Bengal under the CGTMSE scheme during the last five financial years?

## ANSWER

## MINISTER OF STATE FOR MICRO, SMALL AND MEDIUM ENTERPRISES (SUSHRI SHOBHA KARANDLAJE)

(a) and (c): The details of credit guarantees extended to Micro and Small Enterprises (MSEs) under the Credit  Guarantee  Scheme  (CGS)  implemented  by  Credit  Guarantee  Fund  Trust  for  Micro  and  Small Enterprises (CGTMSE) in West Bengal during the last five years are given as below:

| CGTMSE- Guarantees Approved- West Bengal   | CGTMSE- Guarantees Approved- West Bengal   | CGTMSE- Guarantees Approved- West Bengal   |
|--------------------------------------------|--------------------------------------------|--------------------------------------------|
| Duration                                   | No. of Guarantees approved                 | Amount approved (in Rs. crore)             |
| FY 2019-20                                 | 37,667                                     | 2,398                                      |
| FY 2020-21                                 | 29,789                                     | 1,618                                      |
| FY 2021-22                                 | 37,033                                     | 2,887                                      |
| FY 2022-23                                 | 54,440                                     | 6,036                                      |
| FY 2023-24                                 | 1,06,073                                   | 11,887                                     |

- (b): To  increase  awareness  and  access  to  CGS  among  MSEs  in  the  country,  including  the  State  of West Bengal, a number of steps have been taken:
- i. CGTMSE, in association with stakeholders such as Small Industries Development Bank of India (SIDBI),  Member  Lending  Institutions,  MSME  Associations,  field  offices  under  Ministry  of MSME,  etc.  and  in  coordination  with  MSME/Industry  Departments  of  States/UTs  concerned, organises awareness programmes.

- ii. The guarantee ceiling for the loan extended under CGS was increased from Rs 1 crore to Rs 2 Crore on 09.01.2017. Further, as announced in the Union Budget 2022-23 and 2023-24, Rs. 9,000 crore  was  infused  into  the  corpus  of  CGTMSE  to  enable  an  additional  credit  of  Rs.  2.00  lakh crore, at a reduced cost of credit. CGS for MSEs was revamped with effect from 01.04.2023 and the guarantee ceiling was increased from Rs. 2 crore to Rs. 5 crore. Union Budget 2025-26 has proposed to enhance the credit guarantee coverage for MSEs, from Rs. 5 crore to 10 crore.
- iii. To  promote  credit  flow  to  MSEs  in  Identified  Credit  Deficient  Districts  (ICDD)  as  per  RBI, CGTMSE offers 10% discount on the AGF and extend an additional 5% guarantee coverage.
- iv. Concession introduced in  respect of  loans  given  to  special  categories  of  the  borrowers  such  as SC/ST  owned  MSEs,  MSEs  owned  by  Person  with  Disability,  ZED  certified  MSEs,  MSEs situated in Aspirational Districts and MSEs located in North East Region (including Sikkim), UT of Jammu & Kashmir and UT of Ladakh.
- v. The  extent  of  guarantee  coverage  for  women  owned  MSEs  increased  from  85%  to  90%  vide CGTMSE's notification dated 10.12.2024.
- vi. CGTMSE introduced 'Special Provision for the Informal Micro Enterprises (IME)' under Credit Guarantee Scheme on 14.02.2024. The guarantee covers credit facilities up to Rs. 20 lakh with 85% coverage with no primary security required.
- vii. CGTMSE,  in  collaboration  with  a  few  State  Governments  like  Assam,  Manipur,  Meghalaya, Tamil Nadu, Goa and West Bengal, provides enhanced guarantee coverage for MSEs situated in these states.

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