MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF AGRO AND RURAL INDUSTRIES (SHRI SANGH PRIYA GAUTAM)
(a): No, Sir.
(b): Does not arise.
(c): The Government is fully seized of the problem of industrial
sickness amongst the SSI units and has taken various measures to
facilitate timely identification and rehabilitation of potentially
viable sick industries including institutional mechanism in the
form of State-level Inter-Institutional Committees, special
rehabilitation cells in banks and State Financial Institutions.
Elaborate guidelines have been issued by the Reserve Bank of India
for extending rehabilitation assistance to eligible units.
Further, based on the recommendations of the Working Group set up
under the Chairmanship of Shri S. S. Kohli, the RBI has drawn up
revised guidelines for rehabilitation of sick SSI units, which
include inter-alia change in the definition of sick SSI units,
norms for deciding on their viability, concessional finance, etc.
The RBI has circulated the revised guidelines on 16th January,
2002 to all the Scheduled Commercial banks for implementation.
(d): The Union Government does not provide financial assistance
to the States/UTs for rehabilitation of sick Small Scale
Industries (SSIs). Financial assistance to SSIs including for the
rehabilitation of sick SSIs, is provided by the Primary Lending
Institutions (PLIs) including the Commercial Banks. The Small
Industries Development Bank of India (SIDBI) has, however, an
exclusive Refinance Scheme for the PLIs in respect of financial
assistance extended by them for rehabilitation of sick SSI units,
in addition to covering these units under Refinance Schemes like
Single Window Scheme, National Equity Fund, Mahila Udyam Nidhi,
etc. As per latest data available, SIDBI sanctioned a sum of Rs.
3.27 crore and Rs. 1.26 crore under Refinance Scheme for
Rehabilitation (RSR) of sick SSI units during 1999-2000 and 2000-
01, respectively. The amount disbursed was Rs. 1.48 crore and Rs.
0.15 crore during these years respectively. SIDBI did not receive
any proposal from PLIs seeking assistance under RSR during 1999-
2000 to 2001-02 for Maharashtra.