(a) whether the Ministry of Micro, Smali & Medium Enterprises
has been demanding setting up of Rs. 1000 crores fund;
(b) if so, the details thereof, and;
(c) the action taken so far in this regard?
(a) whether the Ministry of Micro, Smali & Medium Enterprises
has been demanding setting up of Rs. 1000 crores fund;
(b) if so, the details thereof, and;
(c) the action taken so far in this regard?
MINISTER OF THE STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARAIN MEENA)
(a) to (c): Yes Sir. The Government has decided that SIDBI should earmark Rs.1000 crore
exclusively for refinancing micro enterprises out of Rs.4000 crore being made available
to it for refinancing micro and small enterprises.