Question : PROPOSALS UNDER CREDIT GUARANTEE FUND SCHEME

(a) the details of applications and proposals received by the Union Government for providing loan and guarantee to the entrepreneurs for setting up of various micro, small and medium scale industries under the Credit Guarantee Fund Scheme in the country particularly in Maharashtra and Goa during each of the last three years and thereafter, State-wise;

(b) the number of applications approved and rejected during the said period and the reasons for rejection, State-wise; and

(c) the steps being taken by Government for clearance of such pending applications?

MINSTER OF THE STATE IN THE MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES (SHRI MAHABIR PRASAD)

(a) to (c): The State-wise number of applications received/approved by the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) for providing guarantee cover on credit facilities to the micro and small entrepreneurs in the country, including Maharashtra and Goa, under Credit Guarantee Fund Scheme during each of the last three years and during 2007-08 (upto 31st July 2007) is given in Annexure. No eligible application has been rejected by CGTMSE under the scheme. To enable early clearance of applications, the operations of the scheme have been computerised and made on-line using B 2 B e-business concept, i.e., business-to-business operations conducted through internet between two or more business partners.