Lok Sabha Question No. 809 (UNSTARRED), answered on 2023-12-07
Subject: MSME Self-Reliant India Fund
Ministry: MICRO,SMALL AND MEDIUM ENTERPRISES
Asked by: Gaddam Ranjith Reddy

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

## LOK SABHA UNSTARRED QUESTION NO. 809 TO BE ANSWERED ON 07.12.2023

## MSME SELF RELIANT INDIA FUND

809.                   DR. G. RANJITH REDDY:

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

- (a)   whether the Government has infused equity of Rs. 50,000 crores created for MSMEs through MSME Self-Reliant India Fund;
- (b)   if so, the details of such infusion, State-wise, especially in Telangana; and
- (c)   the status and progress of Emergency Credit Line Guarantee Scheme for MSMEs, especially in Telangana ?

## ANSWER

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

- (a) & (b): As  a  part  of  Aatmanirbhar  Bharat  package,  Rs  50,000  crore  equity  infusion  for MSMEs  through  Fund  of  Funds  was  announced.  In  compliance  with  the  announcement,  Self Reliant  India  (SRI)  Fund  has  been  set  up  to  infuse  Rs.  50,000  crore  as  equity  funding  in  those MSMEs, which have the potential and viability to grow and become large units. Under this Fund of Rs.  50,000  crore,  there  is  a  provision  of  Rs.10,000  Crore  from  the  Government  of  India  and Rs.40,000 Crore through Private Equity / Venture Capital funds. The State-wise details of infusion, including  the  state  of  Telangana  under  the  Self  Reliant  India  (SRI)  Fund,  since  inception  till 25.11.2023, are annexed.
- (c): The  Emergency  Credit  Line  Guarantee  Scheme  was  in  operation  in  the  country  till 31.03.2023.  As  informed  by  National  Credit  Guarantee  Trustee  Company  (NCGTC)  Ltd,  since 2020 till  31.03.2023,  total  1,13,75,919  guarantees  amounting  to  Rs.  2,42,768.69  crore  have  been extended  to  MSMEs  out  of  which  1,18,839  guarantees  amounting  to  Rs.  9,620.69  crore  were extended in the State of Telangana under Emergency Credit Line Guarantee Scheme.

*****

## Annexure referred to part (a)&(b) of the Lok Sabha Unstarred Question No. 809 for answer on 07.12.2023.

| S.No.   | State               | Amount released in Rs. Crore   |
|---------|---------------------|--------------------------------|
| 1       | Andhra Pradesh      | 2                              |
| 2       | Assam               | 1                              |
| 3       | Bihar               | 69                             |
| 4       | Chandigarh (UT)     | 59                             |
| 5       | Chhattisgarh        | 1                              |
| 6       | Delhi               | 747                            |
| 7       | Dadra &Nagar Haveli | 4                              |
| 8       | Goa                 | 0                              |
| 9       | Gujarat             | 317                            |
| 10      | Haryana             | 631                            |
| 11      | Himachal Pradesh    | 1                              |
| 12      | Jharkhand           | 1                              |
| 13      | Kerala              | 24                             |
| 14      | Karnataka           | 1,340                          |
| 15      | Madhya Pradesh      | 125                            |
| 16      | Maharashtra         | 2,135                          |
| 17      | Odisha              | 2                              |
| 18      | Puducherry          | 1                              |
| 19      | Punjab              | 12                             |
| 20      | Rajasthan           | 13                             |
| 21      | Tamil Nadu          | 457                            |
| 22      | Tripura             | 0                              |
| 23      | Telangana           | 126                            |
| 24      | Uttarakhand         | 1                              |
| 25      | Uttar Pradesh       | 116                            |
| 26      | West Bengal         | 15                             |
|         | TOTAL               | 6,200                          |

Source : NSIC Venture Capital Fund Limited.