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Guarantees amounting to Rs. 4,06,310 crore approved under Credit Guarantee Scheme for MSMEs

Published: Mar 27, 2023

By TIOLCorplaws News Service

NEW DELHI, MAR 27, 2023: CREDIT Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) provides credit guarantee to its Member Lending Institutions (MLIs) for the loans extended by them to Micro and Small Enterprises (MSEs) without any collateral security or third party guarantee. From inception in 2000 till 28th February 2023, 69,04,649 number of guarantees amounting to Rs. 4,06,310 crore have been approved under Credit Guarantee Scheme for Micro and Small Enterprises. The State wise details of the number and amount of guarantees approved under Credit Guarantee Scheme for Micro and Small Enterprises since inception in 2000 till 28 February 2023 are at Annexure-I.

As on 28th February 2023, out of the total number and amount of guarantees approved under Credit Guarantee Scheme for Micro and Small Enterprises, 21 percent by number and 14 percent by amount is constituted by women owned MSEs.

As on 28th February 2023, out of the total number and amount of guarantees approved under Credit Guarantee Scheme for Micro and Small Enterprises, 6 percent by number and 3 percent by amount is constituted by SC/ST owned MSEs.

Annexure

Annexure is referred to part (a)&(b) of unstarred Question no. 2999 due for reply on 27.03.2023

No. and Amount of Guarantees approved under CGTMSE
  Amt. (Rs. Cr)
Sr. No. States / UTs

Cumulative since inception in 2000 till 28.02.2023

 

Andaman & Nicobar

4,263

298

 

Andhra Pradesh

6,22,026

11,454

 

Arunachal Pradesh

9,887

679

 

Assam

1,72,998

8,944

 

Bihar

2,73,702

14,639

 

Chandigarh

20,490

1,422

 

Chhattisgarh

98,997

6,103

 

Dadra & Nagar Haveli and Daman & Diu

3,237

598

 

Delhi

1,25,036

16,050

 

Goa

28,800

2,014

 

Gujarat

3,08,976

30,942

 

Haryana

1,39,652

13,593

 

Himachal Pradesh

93,937

5,778

 

Jammu & Kashmir

2,07,810

6,079

 

Jharkhand

1,90,553

13,874

 

Karnataka

5,01,340

34,837

 

Kerala

3,93,331

12,747

 

Ladakh

765

78

 

Lakshadweep

541

16

 

Madhya Pradesh

3,54,756

19,071

 

Maharashtra

5,52,096

48,262

 

Manipur

13,898

644

 

Meghalaya

13,746

813

 

Mizoram

7,205

400

 

Nagaland

14,306

732

 

Odisha

2,70,362

14,133

 

Puducherry

11,025

538

 

Punjab

1,87,164

11,507

 

Rajasthan

2,90,144

16,559

 

Sikkim

4,452

248

 

Tamilnadu

5,93,863

32,758

 

Telangana

1,91,659

13,132

 

Tripura

19,898

813

 

Uttar Pradesh

7,57,332

39,964

 

Uttarakhand

89,783

4,911

 

West Bengal

3,36,619

21,680

 

Total

69,04,649

4,06,310

Source: CGTMSE

This information was given by Minister of state for Micro, Small and Medium Enterprises Shri Bhanu Pratap Singh Verma in a written reply to the Rajya Sabha.

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