Lok Sabha Question No. 997 (UNSTARRED), answered on 2024-02-08
Subject: Support to MSMEs
Ministry: MICRO,SMALL AND MEDIUM ENTERPRISES
Asked by: Manne Srinivas Reddy

## GOVERNMENT OF INDIA

## MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES

## LOK SABHA UNSTARRED QUESTION NO. 997 TO BE ANSWERED ON 08.02.2024

## SUPPORT TO MSMEs

997.                    SHRI MANNE SRINIVAS REDDY:

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

- (a) whether  the  Government  is  taking  steps  to  help  MSMEs  which  are  incurring  losses  under Startup schemes and if so, the details of the help extended during the last five years thereof, State-wise and if not, the reasons for not extending help to MSMEs; and
- (b) whether MSMEs submitted fresh claims under various schemes for help and if so, the details thereof  and  action  taken  thereon  along  with  the  status  of  pending  applications  of  MSMEs  with  the Government?

## ANSWER

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

(a) & (b): As per the information provided by Department for Promotion of Industry and Internal Trade  (DPIIT),  various  initiatives  have  been  launched  by  DPIIT  to  provide  access  to  funding  to startups which include Startup India Seed Fund Scheme, Startup India Fund of Funds for Startups and Credit Guarantee  Scheme  for  Startups. Credit  Guarantee  Scheme  for  Startups  (CGSS)-  The Government has established the Credit Guarantee Scheme for Startups for providing credit guarantees to  loans  extended  to  start-ups  recognized  by  DPIIT,  Scheduled  Commercial  Banks,  Non-Banking Financial  Companies  (NBFCs)  and  Venture  Debt  Funds  (VDFs)  under  SEBI  registered  Alternative Investment Funds. CGSS is aimed at providing credit guarantee up to a specified limit against loans extended by Member Institutions to finance eligible borrowers viz. start-ups recognized by DPIIT.

The details of start-ups selected and funds approved under the Startup India Seed Fund Scheme as on 31.12.2023 are at Annexure - I.

As informed by NCGTC since 15.03.2023 till 31.01.2024 under Credit Guarantee Scheme for Startups loan to 106 startups amounting to Rs. 265 crore have been guaranteed.

***

## Annexure- I

Annexure referred in part (a) & (b) of answer to Lok Sabha Unstarred Question no. 997 on 'Support to MSMEs' due for reply on 08.02.2024.

The  Details  of  Startups  Selected  and  funds  approved  under  the  Startup  India  Seed  Fund Scheme (as on 31 st December 2023), State/UT wise is as under:

| S. No   | Name of State/UT            | No. of startups selected on Seed Fund Portal   |   Funds Approved (in Rs. Crores) |
|---------|-----------------------------|------------------------------------------------|----------------------------------|
| 1       | Andaman and Nicobar Islands | 1                                              |                             0.04 |
| 2       | Andhra Pradesh              | 32                                             |                             4.58 |
| 3       | Arunachal Pradesh           | 1                                              |                             0.2  |
| 4       | Assam                       | 24                                             |                             3.24 |
| 5       | Bihar                       | 36                                             |                             7.06 |
| 6       | Chandigarh                  | 13                                             |                             1.8  |
| 7       | Chhattisgarh                | 8                                              |                             1.16 |
| 8       | Delhi                       | 114                                            |                            22.01 |
| 9       | Goa                         | 17                                             |                             2.01 |
| 10      | Gujarat                     | 136                                            |                            23.71 |
| 11      | Haryana                     | 81                                             |                            12.15 |
| 12      | Himachal Pradesh            | 14                                             |                             2.24 |
| 13      | Jammu and Kashmir           | 4                                              |                             0.43 |
| 14      | Jharkhand                   | 6                                              |                             1.6  |
| 15      | Karnataka                   | 254                                            |                            54.41 |
| 16      | Kerala                      | 47                                             |                             7.94 |
| 17      | Madhya Pradesh              | 74                                             |                            11.09 |
| 18      | Maharashtra                 | 319                                            |                            57.73 |
| 19      | Manipur                     | 3                                              |                             0.3  |
| 20      | Meghalaya                   | 1                                              |                             0.2  |
| 21      | Mizoram                     | 2                                              |                             0.4  |
| 22      | Nagaland                    | 5                                              |                             0.75 |
| 23      | Odisha                      | 48                                             |                             6.7  |
| 24      | Puducherry                  | 7                                              |                             0.96 |
| 25      | Punjab                      | 20                                             |                             2.11 |
| 26      | Rajasthan                   | 65                                             |                             9.62 |
| 27      | Sikkim                      | 2                                              |                             0.2  |
| 28      | Tamil Nadu                  | 155                                            |                            25.34 |
| 29      | Telangana                   | 104                                            |                            22.17 |
| 30      | Uttar Pradesh               | 112                                            |                            18.61 |
| 31      | Uttarakhand                 | 11                                             |                             2.1  |
| 32      | West Bengal                 | 24                                             |                             3.58 |
|         | Grand Total                 | 1,740                                          |                           306.43 |

Source: DPIIT