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.