Lok Sabha Question No. 3248 (UNSTARRED), answered on 2025-03-20
Subject: Self Reliant India Fund
Ministry: MICRO, SMALL AND MEDIUM ENTERPRISES
Asked by: Shri Magunta Sreenivasulu Reddy, Shri Putta Mahesh Kumar

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

## LOK SABHA UNSTARRED QUESTION NO. 3248 TO BE ANSWERED ON 20.03.2025

## SELF RELIANT INDIA FUND

## 3248.   SHRI PUTTA MAHESH KUMAR: SHRI MAGUNTA SREENIVASULU REDDY:

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

- (a) whether the Government has undertaken any recent survey/study regarding the implementation of the Self-Reliant India Fund (SRI Fund) during the last five years;
- (b) if  so,  the  details  of  the  total  number  of  Micro,  Small,  and  Medium  Enterprises  that  have applied, been assessed and deemed viable for equity support during the last five  years, State- wise, especially Prakasam and Eluru districts of Andhra Pradesh;
- (c) the  total  amount  of  funds  allocated,  released  and  utilized  under  the  SRI  Fund  across  the country, State-wise and district-wise in Andhra Pradesh particularly in the above said districts;
- (d) whether the Government has considered expanding the scope of the Micro, Small, and Medium Enterprises covered under the SRI Fund, if so, the details thereof; and
- (e) whether  the  Government  has  conducted  any  awareness  campaign  regarding  the  SRI  Fund across the country, if so, the details thereof?

## ANSWER

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

(a) and (d): As a part of Atmanirbhar Bharat package, Rs. 50,000 crore equity infusion for Micro Small  and  Medium  Enterprises  (MSMEs)  through  Fund  of  Funds  was  announced  in  2020.    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, 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.  No  survey/study  regarding  its implementation has been undertaken.

- (b): The States/UTs-wise details of MSMEs benefitted in the country including the State of Andhra Pradesh under SRI Fund are given at Annexure - I .
- (c): This is a Central Sector Scheme, under which funds are not released to the State Government. As on 28.02.2025, 60 Daughter Funds have been empanelled and by way of investing of Rs. 10,979 crore, 577 MSMEs have been assisted. Under SRI Fund, as on 28.02.2025, fund of Rs. 1,722 crore have  been  allocated  and  released  by  Government  of  India  to  NSIC  Venture  Capital  Fund  Limited (NVCFL) and an amount of Rs. 1,641.90 crore has been utilized.
- (e): Ministry of MSME  organizes  workshops/  interactive sessions for MSEs  and  Industry Associations,  in  association  with  MSME-  Development  and  Facilitation  Office,  Member  Lending Institutions, etc. for creating awareness. NVCFL also creates awareness about the Fund scheme.

*****

## Annexure - I

Annexure referred in part (b) of answer to Lok Sabha Unstarred Question no. 3248 on 'Self Reliant India Fund' due for reply on 20.03.2025.

| States/UTs-wise details of MSMEs benefitted under SRI Fund as on 28.02.2025 since inception   | States/UTs-wise details of MSMEs benefitted under SRI Fund as on 28.02.2025 since inception   | States/UTs-wise details of MSMEs benefitted under SRI Fund as on 28.02.2025 since inception   |
|-----------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------|
| Sl. No.                                                                                       | Name of States/UTs                                                                            | No of Investee Companies                                                                      |
| 1.                                                                                            | Andhra Pradesh                                                                                | 3                                                                                             |
| 2.                                                                                            | Assam                                                                                         | 1                                                                                             |
| 3.                                                                                            | Bihar                                                                                         | 2                                                                                             |
| 4.                                                                                            | Chandigarh                                                                                    | 3                                                                                             |
| 5.                                                                                            | Chhattisgarh                                                                                  | 1                                                                                             |
| 6.                                                                                            | Delhi                                                                                         | 69                                                                                            |
| 7.                                                                                            | Dadra and Nagar Haveli                                                                        | 1                                                                                             |
| 8.                                                                                            | Goa                                                                                           | 2                                                                                             |
| 9.                                                                                            | Gujarat                                                                                       | 23                                                                                            |
| 10.                                                                                           | Haryana                                                                                       | 49                                                                                            |
| 11.                                                                                           | Himachal Pradesh                                                                              | 1                                                                                             |
| 12.                                                                                           | Jharkhand                                                                                     | 1                                                                                             |
| 13.                                                                                           | Kerala                                                                                        | 7                                                                                             |
| 14.                                                                                           | Karnataka                                                                                     | 151                                                                                           |
| 15.                                                                                           | Madhya Pradesh                                                                                | 7                                                                                             |
| 16.                                                                                           | Maharashtra                                                                                   | 144                                                                                           |
| 17.                                                                                           | Odisha                                                                                        | 9                                                                                             |
| 18.                                                                                           | Puducherry                                                                                    | 2                                                                                             |
| 19.                                                                                           | Punjab                                                                                        | 2                                                                                             |
| 20.                                                                                           | Rajasthan                                                                                     | 7                                                                                             |
| 21.                                                                                           | Tamil Nadu                                                                                    | 27                                                                                            |
| 22.                                                                                           | Tripura                                                                                       | 1                                                                                             |
| 23.                                                                                           | Telangana                                                                                     | 39                                                                                            |
| 24.                                                                                           | Uttarakhand                                                                                   | 5                                                                                             |
| 25.                                                                                           | Uttar Pradesh                                                                                 | 15                                                                                            |
| 26.                                                                                           | West Bengal                                                                                   | 5                                                                                             |
|                                                                                               | Total                                                                                         | 577                                                                                           |

Source: NSIC Venture Capital Fund Limited