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Loans worth Rs 20,900 cr sanctioned under 100-day outreach programme for MSMEs

Press Trust of India  |  New Delhi 

Loans to the tune of Rs 20,900 crore have been sanctioned under the 100-day outreach programme for MSMEs across 104 districts announced in November, a top said Wednesday.

in the said 33 lakh MSMEs have been provided facilities under the 100-day outreach programme.

Out of these, 6.36 lakh MSMEs in 39 districts are under the textiles sector.

"Loans to the tune of Rs 20,900 crore have been provided to MSMEs in 104 districts, including Rs 6,500 crore for the textiles sector enterprises," Kumar said at an outreach event for MSMEs in the textiles sector.

In November last year, had announced a slew of measures, including sanction of loans of up to Rs 1 crore to small and medium enterprises in 59 minutes through a special portal and 2 per cent interest subvention or rebate for GST-registered MSMEs on incremental loan of up to Rs 1 crore, among others.

He had also launched the 100 days programme for support and outreach to micro, small and medium enterprises (MSMEs), identifying 100 districts across the country.

said as many as 21 crore Indians are linked to the Pradhan Mantri Jeevan and Pradhan Mantri Suraksha Bima Yojana, while Rs 3,000 crore has been disbursed as claim amount.

"Whether it be Jeevan or Suraksha Bima Yojana, today 21 crore Indians are linked to these two schemes and money is disbursed as soon as the claim is filed. Till today Rs 3,000 crore has been given under these two schemes," Irani said.

Kumar said the is ensuring that claims filed under the two are processed in a timely fashion.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 13 2019. 16:50 IST
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