Question : LOANS THROUGH REGIONAL RURAL BANKS



(a) whether Regional Rural Banks provide loan to rural artisans, cottage industries, retailers and self-employment in large scale;

(b) if so, the State-wise total loan provided during the last three years;

(c) whether any fresh guidelines have been issued to the Regional Rural Banks under self-employment scheme in order to provide more employment opportunity to youths of rural areas; and

(d) if so, the details thereof?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB ViKHE PATH):

(a) Yes, Sir.

(b) The State-wise details of the loans provided by Regional Rural Banks (RRBs) to the above categories of borrowers during the last three years are given in the statement enclosed.

(c) and (d) Government of India have introduced the Swaranjayanthi Gram Swaraozgar Yojana (SGSY) from 1st April, 199S which aims at generation of more employment opportunities for youths in rural areas. SGSY is implemented through Banks in rural areas including RRBs which participate in implementation of this scheme. National Bank for Agriculture & Rural Develpment (NABARD) has issued guidelines to RRBs for implementing the scheme vide its circular letter dated 19th November, 1999.