(a) the details regarding achievements made by the public sector banks against annual credit growth targets fixed for Micro, Small and Medium Enterprises (MSMEs) during the last three years;
(b) whether credit growth target were not met mainly due to unwillingness of banks to lend to MSME sector and if so, the details thereof; and
(c) the corrective steps taken / being taken to protect and support the MSME sector in the country?
MINISTER OF MICRO, SMALL AND MEDIUM ENTERPRISES
(SHRI NITIN GADKARI)
(a) & (b): The details of credit given for MSME sector by Public Sector Banks during the last three years are as under:
<pre>
Year 2016-17 2017-18 2018-19
Amount
(Rs in Crores)
828933.42
864597.79
880032.90
</pre>
No target for lending to Micro, Small and Medium Enterprises (MSMEs) sector has been formally fixed by the Government.
(c): Ministry of MSME has taken several initiatives to encourage Micro, Small and Medium Enterprises. These include the schemes / programmes such as Prime Minister’s Employment Generation Programme (PMEGP), Scheme of Fund for Regeneration of Traditional Industries (SFURTI), A Scheme for Promoting Innovation, Rural Industry and Entrepreneurship (ASPIRE), Credit Guarantee Scheme (CGTMSE), Credit linked Capital Subsidy-Technology Upgradation Scheme (CLCS-TUS), Micro & Small Enterprises- Cluster Development Programme (MSE-CDP), National Scheduled Caste and Scheduled Tribe Hub (NSSH), Procurement and Marketing Schemes (PMS) etc. National Small Industries Corporation (NSIC) under the Ministry of MSME also provides integrated support services to MSMEs encompassing marketing, finance, technology and other services.