Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises in written reply to a question in Lok Sabha said that 22.83 lakh Micro, Small and Medium Enterprises (MSMEs) were registered on Udyog Aadhaar Portal in the country during March, 2018 to March 2019. The Ministry of MSME facilitates access to finance for Micro and Small Enterprises through its schemes / programmes namely Prime Minister's Employment Generation programme (PMEGP), Credit Guarantee Scheme for Micro and Small Enterprises and Credit Linked Capital Subsidy Scheme. The credit flow to MSME sector by all Scheduled Commercial Banks during the year ended March 2019 was Rs 1497687.10 crore as against Rs 1149353.82 crore as on March ended 2018. The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) was launched by the Government of India to make available collateral-free credit to the micro and small enterprise sector.
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