Question : Credit Guarantee Fund

(a) the status of allocation and release of the Rs. 3,000 crore per year Credit Guarantee Fund for Entrepreneurship Development in the country;
(b) the break-up of number of borrowers and amount borrowed under different sectoral heads of entrepreneurship, year-wise and State-wise;
(c) whether the rate of repayment has been low in some States as compared to others; and
(d) if so, the details thereof?

Answer given by the minister

(a) to (d): There is no Credit Guarantee Fund for Entrepreneurship Development managed by the Government through the trusteeship of National Credit Guarantee Trustee Company Limited (NCGTC). However, Government has created Credit Guarantee Funds for Skill Development Loans. State-wise details of Skill Loans sanctioned and amount outstanding covered under Credit Guarantee Scheme, are given in Annexure.












Annexure referred in reply to Lok Sabha Unstarred Question No. 4703 to be answered on 23.03.2020

State-wise details of skill loan sanctioned and amount outstanding covered under Credit Guarantee Scheme

(Rs. in crore)
State Wise Latest Sanctioned Amount covered under Credit Guarantee Live Outstanding Amount covered under Credit Guarantee
ANDHRA PRADESH 0.76 0.69
ASSAM 1.33 1.15
BIHAR 0.46 0.47
CHANDIGARH 0.14 0.12
CHHATTISGARH 0.66 0.57
DADRA AND NAGAR HAVELI 0.03 0.01
DAMAN AND DIU 0.02 0.02
DELHI 1.62 1.47
GOA 0.56 0.55
GUJARAT 2.96 2.88
HARYANA 2.35 2.27
HIMACHAL PRADESH 0.39 0.38
JAMMU AND KASHMIR 0.32 0.29
JHARKHAND 0.78 0.72
KARNATAKA 3.43 2.89
KERALA 13.24 12.73
LAKSHADWEEP 0.02 0.01
MADHYA PRADESH 1.81 1.63
MAHARASHTRA 7.28 6.65
MEGHALAYA 0.35 0.27
MIZORAM 0.03 0.02
NAGALAND 0.05 0.04
ODISHA 0.58 0.58
PUDUCHERRY 0.07 0.06
PUNJAB 3.47 2.77
RAJASTHAN 0.84 0.68
TAMIL NADU 2.05 1.98
TELANGANA 0.34 0.31
UTTAR PRADESH 1.91 1.68
UTTARAKHAND 0.57 0.53
WEST BENGAL 4.32 3.74
Total 52.74 48.15


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