Question : NEW SCHEME FOR CREDIT GUARANTEE



(a) whether the Government propose to formulate a New Central Scheme for credit guarantee to small scale industries during 2000-2001;

(b) if so, the details thereof alongwith the budgetary support for the proposed scheme; and

(c) the manner in which the budgetary support is likely to be distributed to the States during 2000-2001?

Answer given by the minister


THE MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF SMALL SCALE INDUSTRIES AND AGRO AND RURAL INDUSTRIES

(SMT. VASUNDHARA RAJE)

(a) to (c): Setting up of a Credit Guarantee Fund Scheme for the tiny sector is under active consideration of the Government.