Credit for Micro Small and Medium Enterprises
Credit for Micro Small and Medium Enterprises
The Government has taken various measures including ongoing schemes to facilitate access to credit to MSMEs in the country. Some of these include the following:
The key figures on the performance of Prime Minister’s Employment Generation Programme(PMEGP) and Credit Guarantee Scheme for Micro and Small Enterprises during the last five years andthecurrentyear aregivenbelow:
F.Y.
Units assisted
Estimated Employment Generated
2018-19
73,427
5,87,416
2019-20
66,653
5,33,224
2020-21
74,415
5,95,320
2021-22
1,03,219
8,25,752
2022-23
85,167
6,81,336
2023-24 till 30.01.2024
65,324
5,22,592
F.Y.
Number of Guarantees approved
Amt. (₹ Crore)
2018-19
4,35,520
30,169
2019-20
8,46,650
45,851
2020-21
8,35,592
36,899
2021-22
7,17,020
56,172
2022-23
11,65,786
1,04,781
2023-24 till 31.12.2023
11,02,548
1,35,668
This information was given by the Minister of State for Micro Small and Medium Enterprises, Shri Bhanu Pratap Singh Verma in a written reply to the Rajya Sabha today.
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