Question : Increase Micro Finance Credit Facility

(a) whether the Government has any proposal to increase Micro Finance Credit Facility at large specially Purnea in Bihar, West Bengal and Ambedkar Nagar in Uttar Pradesh;
(b) if so, the details thereof;
(c) if not, the reasons therefor; and
(d) the extent to which this initiative is likely to help the growth of the banking sector?

Answer given by the minister

(MINISTER OF STATE IN THE MINISTRY OF FINANCE)


(a) & (b): National Bank for Agriculture and Rural Development (NABARD) implements the Self Help Group-Bank Linkage Programme (SHG-BLP) in 13 Priority States to provide focussed attention on micro credit linkage of SHGs & skilling through micro entrepreneurship development programmes, livelihood & enterprise development programmes, etc. The SHG-BLP covers all districts of Bihar (including Purnea), West Bengal & Uttar Pradesh (including Ambedkar Nagar).
(c) : Does not arise in view of (a) & (b) above.

(d): This initiative increases the banking sector’s outreach and credit flow to the poorer sections in the identified priority states & districts.
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