Lok Sabha Question No. 639 (UNSTARRED), answered on 2024-11-28
Subject: Subsidy under MSMEs Schemes
Ministry: MICRO, SMALL AND MEDIUM ENTERPRISES
Asked by: Shri Daroga Prasad Saroj

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

## LOK SABHA UNSTARRED QUESTION NO. 639 TO BE ANSWERED ON 28.11.2024

## SUBSIDY UNDER MSMEs SCHEMES

639.          SHRI DAROGA PRASAD SAROJ:

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

- (a) the  total  number  of  loan  applications  received  and  sanctioned  to  provide  bank  loan  for employment purpose under the MSMEs scheme during the last year;
- (b) whether the amount of subsidy has been disbursed to those applicants who have got the bank loans and if so, the details thereof;
- (c) the  number  of  unemployed  people  who  submitted  applications  and  the  number  of  people  for whom employment opportunities have been created by providing loans in the country particularly in Uttar Pradesh in the current year; and
- (d) the  number  of  people  who  are  yet  to  received  last  year's  subsidies  along  with  the  pending amount and the reasons for delay in disbursement thereof?

## ANSWER

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

- (a): Ministry of MSME, through Khadi and Village Industries Commission (KVIC), is implementing Prime  Minister's  Employment  Generation  Programme  (PMEGP)  for  assisting  entrepreneurs  by providing financial assistance through margin money subsidy in setting up of new units in the non-farm sector. It aims to provide employment opportunities to traditional artisans/ rural and urban unemployed youth at their doorstep.

The details of total number of applications received and applications sanctioned under PMEGP during last Financial Year 2023-24 is given below:

| Financial Year   | No. of Applications received   | No. of applications sanctioned by the bank   |
|------------------|--------------------------------|----------------------------------------------|
| 2023-24          | 4,92,262                       | 1,65,725                                     |

- (b): The  number  of  enterprises  established  and  Margin  Money  subsidy  disbursed  under  PMEGP during the last FY 2023-24 is given below:

| Financial Year   | No. of enterprises established   | Margin Money Subsidy Disbursed (Rs.Cr.)   |
|------------------|----------------------------------|-------------------------------------------|
| 2023-24          | 89,118                           | 3,093.87                                  |

## (c): The  details  of  number  of  enterprises  established  under  PMEGP  Scheme  and  employment opportunities created by assisting with bank loans in the country and the State of Uttar Pradesh in the current financial year 2024-25 (till 22.11.2024) is given below:

|               | No. of Applications received   | No. of enterprises established   | Estimated employment generated   |
|---------------|--------------------------------|----------------------------------|----------------------------------|
| All India     | 2,33108,630                    | 26,076                           | 2,08,608                         |
| Uttar Pradesh | 17,248                         | 3,368                            | 26,944                           |

- (d): 1,393 no. of applications involving Margin Money(MM)  subsidy of Rs.160.91 crore for the last financial  year  2023-24  is  pending  due  to  budget  constraint.  However,  89,118  micro  enterprises  have been assisted and MM subsidy of Rs. 3,093.87 crore had been released under PMEGP.

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