Lok Sabha Question No. 2655 (UNSTARRED), answered on 2025-03-17
Subject: Credit Flow to MSMEs in Odisha
Ministry: FINANCE
Asked by: Smt. Sangeeta Kumari Singh Deo

## GOVERNMENT OF INDIA MINISTRY OF FINANCE

## DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA

## UNSTARRED QUESTION NO. 2655

ANSWERED ON MONDAY, 17 th  MARCH, 2025/26 PHALGUNA, 1946 (SAKA)

## CREDIT FLOW TO MSMES IN ODISHA

2655. SMT. SANGEETA KUMARI SINGH DEO:

Will the Minister of FINANCE be pleased to state:

- (a) the total amount of credit disbursed to MSMEs in Odisha during the last three financial years;
- (b) the number of MSMEs that have been benefitted from schemes like Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) and Stand-Up India;
- (c)  whether  the  Government  has  introduced  any  special  financial  packages  for  rural-based MSMEs in Odisha; and
- (d)  the  measures  taken/being  taken  to  improve  credit  access  for  MSMEs  facing  collateral challenges?

## ANSWER

MINISTER OF STATE IN THE MINISTRY OF FINANCE (SH. PANKAJ CHAUDHARY)

- (a) The  amount  of  Micro,  Small  and  Medium  Enterprise  (MSME)  loans  disbursed  by Scheduled Commercial Banks (SCBs) (excluding Regional Rural Banks (RRBs)) during the last three years in the state of Odisha are as follows:

| Financial Year   | Amount Disbursed (In Rs. Crore)   |
|------------------|-----------------------------------|
| 2021-22          | 17,872.45                         |
| 2022-23          | 25,182.55                         |
| 2023-24          | 35,913.74                         |

(Source: RBI)

- (b) The number of MSMEs in the country that have been benefitted from Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme and Stand-Up India scheme, since inception are 1.08 crore and 2.59 lakh respectively.

(c) The Government of India implements various Central Sector and demand driven schemes / programmes for MSMEs in the country including Odisha. These schemes/ programmes include Prime Minister's Employment Generation Programme (PMEGP), Credit Guarantee Fund Trust for  Micro  and  Small  Enterprises  (CGTMSE),  Pradhan  Mantri  Mudra  Yojana  (PMMY),  PM Vishwakarma (PMV), Micro and Small Enterprises - Cluster Development Programme (MSECDP) and Raising and Accelerating MSME Performance (RAMP), MSME Champions Scheme, etc.

(d) Reserve Bank of India (RBI) has mandated banks not to accept collateral security in case of loans upto Rs. 10 lakh extended to units in the Micro and Small Enterprises sector.

Following credit guarantee  schemes are implemented to improve access of  credit to MSMEs facing collateral challenges:

- (i) Credit facility upto Rs. 5 crore is facilitated to units in Micro and Small sector, through guarantee being provided under CGTMSE scheme.
- (ii) Credit  facility  upto  Rs.  20  lakh  is  facilitated  to  units  in  the  sector,  through guarantee being provided  under  Credit  Guarantee  Fund for  Micro  Units (CGFMU) scheme.
- (iii) Credit  facility  upto  Rs.  100  crore  is  facilitated  for  purchase  of  Plant  and Machinery, to units in  MSME sector, through guarantee  being  provided under Mutual Credit Guarantee Scheme for MSMEs.

Further, there are other credit guarantee schemes like Credit Guarantee Scheme for Start-ups and Credit Guarantee Scheme for Stand Up India where loans are facilitated  to all  categories of borrowers facing collateral challenges, including MSME borrowers.

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