Lok Sabha Question No. 2313 (UNSTARRED), answered on 2023-12-18
Subject: MUDRA and StandUp India Loan Scheme
Ministry: FINANCE
Asked by: Rajendra Agrawal, Mukesh Rajput, Umesh G. Jadhav, Sandhya Ray, Ramesh Chander Kaushik

## GOVERNMENT OF INDIA

## MINISTRY OF FINANCE

## DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA UN-STARRED QUESTION NO. 2313

Answered on Monday, 18 th  December, 2023/ Agrahayana 27, 1945 (Saka)

Mudra and StandUp India Loan Scheme

2313: SHRI RAJENDRA AGRAWAL,

SHRI MUKESH RAJPUT,

DR. UMESH G. JADHAV,

SHRIMATI SANDHYA RAY AND

SHRI RAMESH CHANDER KAUSHIK:

Will the Minister of Finance be pleased to state;

(a) the manner in which the Mudra and Stand-Up India Loan Schemes have facilitated women's economic advancement and entrepreneurial aspirations especially Datia and Bhind district of

Madhya Pradesh;

(b) the extent to which these schemes catalyzed women's participation in the formal economy and empowered them to become business owners and job creators especially in Datia and

Bhind district   of Madhya Pradesh; and

(c)  the  ongoing  welfare  schemes  for  women  in  Madhya  Pradesh  and  said  districts  and  the amount spent on these schemes during the four last years and current year?

## ANSWER

MINISTER OF STATE IN THE MINISTRY OF FINANCE

(DR. BHAGWAT KARAD)

(a) to (c)   Improved access to credit influences socio-economic growth of different sections of  the  society.  Pradhan  Mantri  Mudra  Yojana  (PMMY)  was  launched  on  08.04.2015  to

provide collateral free institutional credit to Small/ Micro enterprises for income generating activities.

Stand-up

India

(SUPI)

scheme was

launched on

05.04.2016

to promote

entrepreneurship  among  women  and  SC/ST  by  providing  loans  for  setting  up  green  field enterprises.

Upliftment of women has been a major target of these schemes. Micro-credit through PMMY encouraged female entrepreneurship, raised earnings and employability, and thereby empowered them financially, socially and psychologically. By allocating target to provide at least one loan to women and one loan to SC/ST entrepreneurs, SUPI encouraged lenders to finance green-field projects to women entrepreneurs which goes a long way in promotion of entrepreneurship among women and women led enterprises.

As on 24.11.2023, out of total 44.46 crore loans sanctioned under PMMY, 30.64 crore (69%) have been sanctioned to women. Further under SUPI, as on 24.11.2023, out of 2.09 lakh loans sanctioned, 1.77 lakh (84%) have been sanctioned to women entrepreneurs.

The number of loans sanctioned to women in the State of Madhya Pradesh and also in Datia & Bhind Districts under PMMY and SUPI schemes is Annexed.

Apart from the above, the following major Flagship schemes are also being implemented by Ministry  of  Finance  through  banks  and  financial  institutions  across  the  country  including Madhya Pradesh:

- i. PM SVANidhi was launched on 1 st June, 2020, to provide, collateral free loans in three  tranches  i.e.  Rs.10,000  in  first  tranche,  upto  Rs.20,000  in  second  tranche  and  upto Rs.50,000 in third tranche to street vendors.
- ii. PM  Vishwakarma was  launched  on  17 th September,  2023.  The  Scheme  aims  to provide  end-to-end  holistic  support  to  traditional  artists  and  craftspeople  engaged  in  18 identified trades through access to skill training, collateral-free credit, modern tools, market linkage support and incentive for digital transactions.
- iii. Self Help Group- Bank Linkage Programme (SHG-BLP) has improved the lives of women by helping them save, borrow and build social capital.
- iv. Micro Enterprise Development Programme of NABARD (MEDPs) NABARD has been supporting need-based skill  development  programmes (MEDPs)  for matured SHGs which already have access to finance from Banks.
- v. Livelihood  and  Enterprise  Development  Programme  (LEDP): Started  in  2015, LEDP  envisages  conduct  of  livelihood  promotion  programmes  in  clusters.  It  promotes livelihood formation in farm and off-farm activities and supports intensive skill building,

refresher training, backward-forward  linkages, value chain  management,  end-to-end solutions, and handholding and escort services over two credit cycles.

vi. Pradhan Mantri Jan Dhan Yojana (PMJDY) :  PMJDY scheme was launched in August, 2014 to provide universal banking services for every unbanked adult. The scheme facilitates  opening  of  bank  account  free  of  cost  and  without  any  requirement  of  keeping minimum balance. The opening of Jan Dhan accounts has facilitated the coverage of various social  security  schemes  among  the  unorganized  sections  of  the  society  which,  inter -alia includes following schemes: -

- (a) Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) , offers a renewable one-year term life cover of Rupees Two Lakh to all subscribing bank/ post office account holders in the age group of 18 to 50 years, covering death due to any reason, for a premium of Rs.436/- per annum per subscriber.
- (b) Pradhan Mantri Suraksha Bima Yojana (PMSBY) , is available to people in the age group 18 to 70 years with a bank / Post office account who give their consent to join / enable  auto-debit.  The  risk  coverage  under  the  scheme  is  for  Rs.  2  lakhs  in  case  of accidental  death  or  total  permanent  disability  and  Rs.  1  lakh  for  partial  permanent disability; due to accident at a premium of Rs. 20 per annum.
- (c) Atal  Pension  Yojana  (APY) offers  guaranteed  minimum  monthly  pension  for  the subscribers ranging between Rs.1,000 and Rs.5,000 per month after attaining the age of 60 years.

*****

| Annexure as referred in reply to Lok Sabha Unstarred Question No. 2313 for answer on 18.12.2023 regarding MUDRAand Stand-Up India Loan Scheme as on 24.11.2023   | Annexure as referred in reply to Lok Sabha Unstarred Question No. 2313 for answer on 18.12.2023 regarding MUDRAand Stand-Up India Loan Scheme as on 24.11.2023   | Annexure as referred in reply to Lok Sabha Unstarred Question No. 2313 for answer on 18.12.2023 regarding MUDRAand Stand-Up India Loan Scheme as on 24.11.2023   | Annexure as referred in reply to Lok Sabha Unstarred Question No. 2313 for answer on 18.12.2023 regarding MUDRAand Stand-Up India Loan Scheme as on 24.11.2023   | Annexure as referred in reply to Lok Sabha Unstarred Question No. 2313 for answer on 18.12.2023 regarding MUDRAand Stand-Up India Loan Scheme as on 24.11.2023   | Annexure as referred in reply to Lok Sabha Unstarred Question No. 2313 for answer on 18.12.2023 regarding MUDRAand Stand-Up India Loan Scheme as on 24.11.2023   | Annexure as referred in reply to Lok Sabha Unstarred Question No. 2313 for answer on 18.12.2023 regarding MUDRAand Stand-Up India Loan Scheme as on 24.11.2023   | Annexure as referred in reply to Lok Sabha Unstarred Question No. 2313 for answer on 18.12.2023 regarding MUDRAand Stand-Up India Loan Scheme as on 24.11.2023   |
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| S. No.                                                                                                                                                           |                                                                                                                                                                  | Madhya Pradesh                                                                                                                                                   | Madhya Pradesh                                                                                                                                                   | Datia                                                                                                                                                            | Datia                                                                                                                                                            | Bhind                                                                                                                                                            | Bhind                                                                                                                                                            |
| S. No.                                                                                                                                                           | Scheme                                                                                                                                                           | Total No. of loan A/Cs                                                                                                                                           | Women A/Cs                                                                                                                                                       | Total No. of loan A/Cs                                                                                                                                           | Women A/Cs                                                                                                                                                       | Total No. of loan A/Cs                                                                                                                                           | Women A/Cs                                                                                                                                                       |
| 1                                                                                                                                                                | PMMY                                                                                                                                                             | 2,68,85,457                                                                                                                                                      | 1,89,19,559                                                                                                                                                      | 90,955                                                                                                                                                           | 40,333                                                                                                                                                           | 47,964                                                                                                                                                           | 10,574                                                                                                                                                           |
| 2                                                                                                                                                                | SUPI                                                                                                                                                             | 9826                                                                                                                                                             | 7735                                                                                                                                                             | 52                                                                                                                                                               | 44                                                                                                                                                               | 120                                                                                                                                                              | 95                                                                                                                                                               |