Question : REPORT OF SSDBI ON MSMES



(a) whether the Small Industries Development Bank of India (SIDBI) has brought out a report on micro, small and medium enterprises sector, 2010, stating that lack of robust infrastructure and adequate support system has been affecting the growth of micro, small and medium enterprises in cur country;

(b) if so, the details thereof; and

(c) the steps taken by the Government to ensure healthy growth of the micro, small and medium enterprises in the country?

Answer given by the minister


MINISTER OF THE STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARAIN MEENA)

(a) & (b): The report brought out by Small Industries Development Bank of India (SIDBI) on Micro, Small and Medium Enterprises Sector, 2010 provides a systemic coverage of various aspects pertaining to the MSME sector, such as, status, structure, policy initiatives, institutional support, credit dispensation etc. The Report, while discussing various issues concerning the MSME sector, has mentioned one such issue being the inadequate infrastructure facilities, including power, water, roads, etc.

(c): The Prime Minister had constituted a High Level Task Force on MSME Sector to address the problems of the Sector. In light of recommendations of High Level Task Force on MSME Sector, it has been decided that the share of Micro Enterprises in MSE lending needs to be increased to 60% in a phased manner viz. 50% in the year 2010-11, 55% in the year 2011-12 and 60% in the year 2012-13. It would be mandatory for the Public Sector Banks to achieve this target. Further, the banks should achieve an annual growth in the number of micro enterprise accounts of 10% every year.