Credit Guarantee Fund Trust for Micro and Small Enterprises
Credit Guarantee Fund Trust for Micro and Small Enterprises
The Ministry of Micro, Small and Medium
Enterprises, and Small Industries Development Bank of India (SIDBI), together
have established a Trust named Credit Guarantee Fund Trust for Small Industries,
now known as Credit Guarantee Fund Trust for Micro and Small Enterprises
(CGTMSE), for implementing the Credit Guarantee Scheme for Micro & Small
Enterprises (CGS). Since its inception, CGTMSE has facilitated easy access to
credit from organized banking sector to first generation entrepreneurs in the
Micro and Small Enterprises (MSE) sector. CGTMSE, in turn, provides guarantee
to its registered Member Lending Institutions (MLIs) against the loans / credit
facilities upto Rs. 100 lakh extended by them without taking any collateral
security and / or third party guarantee.
As on February 29, 2016, 22,59,044
guarantees for an amount of Rs.1,06,927.55 crore have been approved by CGTMSE
since inception. The State-wise guarantees approved (no. of beneficiaries and
amount of credit / loan covered) under Credit Guarantee Scheme upto the current
year (as on February 29, 2016) are given is:
|
Credit Guarantee Fund Trust for Micro and Small
Enterprises
|
||||
|
S.NO.
|
State
Name
|
Proposals
|
Approved Amount
(in Rs.
Lakh)
|
|
|
ANDAMAN
& NICOBAR
|
1777
|
8948.47
|
||
|
2
|
ANDHRA
PRADESH
|
73063
|
202216.13
|
|
|
3
|
ARUNACHAL
PRADESH
|
5913
|
27408.98
|
|
|
4
|
ASSAM
|
80336
|
268238.58
|
|
|
5
|
BIHAR
|
116181
|
489791.86
|
|
|
6
|
CHANDIGARH
|
4914
|
31513.35
|
|
|
7
|
CHHATTISGARH
|
29790
|
164013.06
|
|
|
8
|
DADRA
& NAGAR HAVELI
|
414
|
10019.43
|
|
|
9
|
DAMAN
& DIU
|
356
|
8727.28
|
|
|
10
|
DELHI
|
25382
|
273903.01
|
|
|
11
|
GOA
|
14471
|
89470.95
|
|
|
12
|
GUJARAT
|
90242
|
756727.83
|
|
|
13
|
HARYANA
|
28753
|
212528.98
|
|
|
14
|
HIMACHAL
PRADESH
|
41213
|
225699.55
|
|
|
15
|
JAMMU
& KASHMIR
|
58215
|
123251.61
|
|
|
16
|
JHARKHAND
|
90305
|
529176.29
|
|
|
17
|
KARNATAKA
|
196363
|
992785.5
|
|
|
18
|
KERALA
|
211422
|
511848.52
|
|
|
19
|
LAKSHA
DEEP
|
280
|
753.94
|
|
|
20
|
MADHYA
PRADESH
|
77759
|
405407.71
|
|
|
21
|
MAHARASHTRA
|
163898
|
1201330.98
|
|
|
22
|
MANIPUR
|
5325
|
16444.6
|
|
|
23
|
MEGHALAYA
|
6816
|
30798.34
|
|
|
24
|
MIZORAM
|
3338
|
12521.91
|
|
|
25
|
NAGALAND
|
5143
|
17269.8
|
|
|
26
|
ORISSA
|
107716
|
444980.16
|
|
|
27
|
PONDICHERRY
|
3586
|
13207.25
|
|
|
28
|
PUNJAB
|
48048
|
278427.03
|
|
|
29
|
RAJASTHAN
|
73070
|
357619.12
|
|
|
30
|
SIKKIM
|
1765
|
7213.6
|
|
|
31
|
TAMILNADU
|
222353
|
875958.21
|
|
|
32
|
TELANGANA
|
41407
|
230732.43
|
|
|
33
|
TRIPURA
|
9261
|
31549.33
|
|
|
34
|
UTTAR
PRADESH
|
252263
|
1054959.73
|
|
|
35
|
UTTARAKHAND
|
29193
|
147883.45
|
|
|
36
|
WEST
BENGAL
|
138713
|
639428.39
|
|
|
Total
|
2259044
|
10692755.36
|
||
NB: Actuals may vary due to intervening cancellations/modifications
The other credit guarantee schemes
and programmes available with banks wherein micro and small units are also
among the beneficiaries include Credit Guarantee Fund for the MUDRA Scheme in
the Department of Financial Services, Ministry of Finance and Credit
Enhancement Guarantee Scheme for Scheduled Castes operated by Ministry of
Social Justice and Empowerment.
This information was given by the Minister of State, Micro, Small and
Medium Enterprises, Shri Giriraj Singh in a written reply to a question in
Rajya Sabha here today.
****
Working Group on rehabilitation of sick SMEs
The Reserve Bank of India had constituted a Working Group on
rehabilitation of sick SMEs, under the Chairmanship of Dr. K. C. Chakrabarty,
the then Chairman & Managing Director, Punjab National Bank, to look into
the problems faced by new as well as sick SMEs and suggest remedial measures.
The Working Group submitted its Report in the year 2008.
The recommendations of the Working Group, inter-alia, include (i) lending in case of all advances upto Rs. 2 crore to be done on the basis of scoring model; (ii) the applications forms to be so designed that all documents required to be executed by the borrower on sanction of the loan form its part; (iii) simplified application cum sanction form be introduced in case of all micro enterprises for loans upto Rs. 1 crore and working capital under Nayak Committee norms; (iv) banks who have sanctioned term loan singly or jointly must also sanction Working Capital limit singly (or jointly), to avoid delay in commencement of commercial production; (v) introduce Centralised Credit Processing Cell; (vi) banks to focus on opening more specialised micro, small and medium enterprise branches; (vii) banks to consider introduction of Factoring Services, particularly for MSMEs (viii) new definition of sick small enterprise to remove the delay and (ix) timely identification and treatment of sickness in MSME sector.
The RBI issued guidelines to all Scheduled Commercial Banks on May 4, 2009 advising them to consider, for speedy implementation, the recommendations made by the Working Group with regard to timely and adequate flow of credit to the MSE sector. Ministry of MSME has notified a ‘Framework for Revival and Rehabilitation of MSMEs’ vide a Gazette Notification dated 29.05.2015 for the purpose of facilitating the promotion and development of MSMEs. Under this framework, any enterprise can seek revival and rehabilitation benefit through a Committee constituted by the banks which comprises representative of State Government, experts, regional or zonal head of the bank and the officer in charge of MSMEs credit department of the bank.
This information was given by the Minister of State, Micro, Small and Medium Enterprises, Shri Giriraj Singh in a written reply to a question in Rajya Sabha here today.
The recommendations of the Working Group, inter-alia, include (i) lending in case of all advances upto Rs. 2 crore to be done on the basis of scoring model; (ii) the applications forms to be so designed that all documents required to be executed by the borrower on sanction of the loan form its part; (iii) simplified application cum sanction form be introduced in case of all micro enterprises for loans upto Rs. 1 crore and working capital under Nayak Committee norms; (iv) banks who have sanctioned term loan singly or jointly must also sanction Working Capital limit singly (or jointly), to avoid delay in commencement of commercial production; (v) introduce Centralised Credit Processing Cell; (vi) banks to focus on opening more specialised micro, small and medium enterprise branches; (vii) banks to consider introduction of Factoring Services, particularly for MSMEs (viii) new definition of sick small enterprise to remove the delay and (ix) timely identification and treatment of sickness in MSME sector.
The RBI issued guidelines to all Scheduled Commercial Banks on May 4, 2009 advising them to consider, for speedy implementation, the recommendations made by the Working Group with regard to timely and adequate flow of credit to the MSE sector. Ministry of MSME has notified a ‘Framework for Revival and Rehabilitation of MSMEs’ vide a Gazette Notification dated 29.05.2015 for the purpose of facilitating the promotion and development of MSMEs. Under this framework, any enterprise can seek revival and rehabilitation benefit through a Committee constituted by the banks which comprises representative of State Government, experts, regional or zonal head of the bank and the officer in charge of MSMEs credit department of the bank.
This information was given by the Minister of State, Micro, Small and Medium Enterprises, Shri Giriraj Singh in a written reply to a question in Rajya Sabha here today.
****
Employment generation for rural areas
The Ministry is implementing
the scheme of Prime Minister’s Employment Generation Programme (PMEGP) for
employment generation in the micro enterprises in the non-farm sector for rural
and urban areas. PMEGP is a credit linked subsidy scheme of Government of
India, for setting up of new micro-enterprises and to generate employment
opportunities in the country through Khadi and Village Industries Commission
(KVIC), State Khadi and Village Industries Board (KVIB) and District Industries
Centre (DIC).
During the current FY 2015-16, an
allocation of Rs.1275.68 crore is available, which will be utilized for setting
up of about 60,000 micro units providing employment to about 4.5 lakh persons.
Upto 31.01.2016, Rs. 657.84 crore margin money has been utilized for setting up
of 29,174 projects and providing employment to 2.11 lakh persons in rural as
well as urban areas throughout the country.
State-wise details of the number of
projects assisted, margin money subsidy utilized and estimated employment
generated during the year 2014-15 and 2015-16 (upto 31.1.2016) under PMEGP
scheme is given is:
|
Sl.
No
|
State/UT
|
2015-16 (upto 31.1.2016)
|
|||
|
Marginmoney
Subsidyallocated
(Rs. lakh)
|
MarginMoneysubsidyutilized #(Rs. lakh)
|
Number
of
projects
assisted
|
Estimated
employment
generated
(No. of
persons)
|
||
|
1
|
Jammu&
Kashmir
|
3506.8
|
1267.79
|
769
|
4294
|
|
2
|
Himachal
Pradesh
|
1912.88
|
332.04
|
165
|
652
|
|
3
|
Punjab
|
3506.8
|
982.95
|
374
|
2655
|
|
4
|
UT
Chandigarh
|
100
|
38.86
|
16
|
133
|
|
5
|
Uttarakhand
|
2072.2
|
477.28
|
318
|
1687
|
|
6
|
Haryana
|
3347.4
|
1220.66
|
490
|
3920
|
|
7
|
Delhi
|
1753.4
|
98.44
|
102
|
821
|
|
8
|
Rajasthan
|
5260.43
|
1209.00
|
601
|
4578
|
|
9
|
Uttar
Pradesh
|
11955
|
5950.44
|
1858
|
18163
|
|
10
|
Bihar
|
6057.2
|
3166.76
|
1226
|
9992
|
|
11
|
Sikkim
|
454.77
|
11.80
|
2
|
11
|
|
12
|
Arunachal
Pradesh
|
1932.77
|
30.05
|
26
|
93
|
|
13
|
Nagaland
|
1250.62
|
385.44
|
122
|
579
|
|
14
|
Manipur
|
1023.23
|
401.46
|
239
|
772
|
|
15
|
Mizoram
|
909.6
|
206.07
|
194
|
1552
|
|
16
|
Tripura
|
909.54
|
513.65
|
348
|
2997
|
|
17
|
Meghalaya
|
1250.62
|
568.84
|
222
|
1776
|
|
18
|
Assam
|
3069.86
|
2866.94
|
3480
|
9018
|
|
19
|
West
Bengal
|
3188
|
2891.74
|
1589
|
11623
|
|
20
|
Jharkhand
|
3825.6
|
1734.53
|
1192
|
9536
|
|
21
|
Odisha
|
4782
|
2473.51
|
1367
|
8240
|
|
22
|
Chhattisgarh
|
4303.8
|
1370.85
|
450
|
4178
|
|
23
|
Madhya
Pradesh
|
8129.4
|
2103.87
|
544
|
4066
|
|
24
|
Gujarat*
|
5260.2
|
3085.25
|
664
|
5993
|
|
25
|
Maharashtra
**
|
5738.4
|
2621.16
|
1236
|
9927
|
|
26
|
Andhra
Pradesh
|
2072.28
|
1211.61
|
322
|
4191
|
|
27
|
Telangana
|
1594
|
1355.09
|
389
|
4742
|
|
28
|
Karnataka
|
4782
|
3534.98
|
1218
|
8033
|
|
29
|
Goa
|
318.82
|
0.00
|
0
|
0
|
|
30
|
Lakshadweep
|
100
|
0.00
|
0
|
0
|
|
31
|
Kerala
|
2231.6
|
1605.99
|
706
|
4839
|
|
32
|
Tamil
Nadu
|
5100.8
|
1927.57
|
930
|
7315
|
|
33
|
Puducherry
|
100
|
29.56
|
19
|
124
|
|
34
|
Andaman
& Nicobar Islands
|
100
|
33.10
|
61
|
157
|
|
Total
|
101900
|
45707.28
|
21239
|
146657
|
|
# including
un-utilized balance funds of previous year.
* including Daman &
Diu.
** including Dadra & Nagar
Haveli
In addition to PMEGP,
Ministry is implementing a large number of schemes which generate direct and
indirect employment. The Ministry through KVIC and Coir Board is
generating employment by implementing the schemes of Market Development
Assistance (MDA), Interest Subsidy Eligibility Certificate (ISEC) scheme,
Scheme of Fund for Regeneration of Traditional Industries (SFURTI), Coir Udyami
Yojana, Development of Production Infrastructure, Skill Upgradation Programmes,
Mahila Coir Yojana, establishment of Livelihood Incubation Centres, etc.
throughout the country.
Under Scheme of Fund
for Regeneration of Traditional Industries (SFURTI), 26 clusters have been
granted final approval with a total project cost of Rs.72 crore benefiting
around 25000 artisans. Assistance under SFURTI would be Rs. 54.22 crore.
During the year 2015-16 (upto 31.01.2016) funds of Rs. 20.75 crore has been
released.
State-wise details of Employment
Generation under Coir Sector for the year 2014-15 is as under:
|
Sl. No.
|
States
|
2014-15
|
|
1
|
Kerala
|
590
|
|
2
|
Tamil
Nadu
|
2881
|
|
3
|
Karnataka
|
245
|
|
4
|
Andhra
Pradesh
|
230
|
|
5
|
Odisha
|
225
|
|
6
|
Others
|
140
|
|
|
Total
|
4311
|
The Ministry
through National Small Industries Corporation (NSIC) offers
industry oriented, demand driven skill development training programs through
its Technical Centres and facilitates the trainees in employment through
placement cells located at its Centres. Entrepreneurship development
training programme are also conducted at NSIC Incubation centres to create
self-employment opportunities for the unemployed people. 21860 trainees passed
from National Small Industries Corporation during the year
2014-15.
Under the Assistance
to Training Institutions Scheme, targets are annually fixed for conducting
training programmes for Entrepreneurship-cum-Skill Development Programmes
(ESDPs)/Entrepreneurship Development Programmes (EDPs). The ESDPs/EDPs are
aimed at generation of Wage-employment and Self-employment. As on 31.01.2016,
23057 numbers of trainees were able to get Wage-Employment and 12454 number of
trainees were able to get Self-Employment.
This information was given by the Minister of State, Micro, Small and
Medium Enterprises, Shri Giriraj Singh in a written reply to a question in
Rajya Sabha here today.
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