Wednesday, 19 July 2017

MUDRA loan to small traders: Rs. 137449 crore sanctioned in FY 2015-16; Rs. 180528 crore sanctioned in FY 2016-17

Loans under Pradhan Mantri Mudra Yojana (PMMY) Scheme have been extended by banks, Non Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) to small/micro business enterprises since April 08th 2015 with the objective of ‘Funding the unfunded’ through institutional finance by providing loans upto 10 lakh for manufacturing, processing, trading, services and activities allied to agriculture.

Details of year-wise targets and loans sanctioned under PMMY to all units, including small traders is as under:-

Financial Year
Target( Rs. Cr)
Sanctioned( Rs. Cr)
FY 2015-16
122188
137449
FY 2016-17
180000
180528

District wise details in respect of the state of Andhra Pradesh are given in Annexure.

Government has been receiving complaints with regard to implementation of PMMY from time to time including difficulties in obtaining loans. These are redressed in coordination with the respective Banks. Central Public Grievance Redress and Monitoring System (CPGRAMS) has received 8352 complaints against various banks in respect of the Scheme. Of these, 8194 complaints have been forwarded to respective Banks for redressal.

The Government has taken various steps towards effective implementation of the scheme. These, inter alia, include intensive publicity campaigns, simplification of application form, Credit Guarantee Scheme, nomination of Mudra Nodal Officer etc.



Annexure
District wise data in respect of Andhra Pradesh under PMMY
[Amount Rs. in Crore]
Sr. No
 District
FY 2015-16
FY 2016-17
No Of
A/Cs
Sanctioned
Amt
Disbursement
Amt
No Of
A/Cs
Sanctioned
Amt
Disbursement Amt
1
Anantapur
District wise data not captured in FY 2015-16
47264
414.29
395.56
2
Chittoor
45722
552.4
533.21
3
Cuddapah
30473
343.28
331.71
4
East Godavari
86739
629.32
572.97
5
Guntur
54923
637.86
603.24
6
Krishna
50775
680.87
641.42
7
Kurnool
45445
518.11
499.93
8
Nellore
37175
348.68
324.62
9
Prakasam
45088
441.51
413.45
10
Srikakulam
14069
161.96
150.85
11
Visakhapatnam
39248
518.2
492.73
12
Vizianagaram
16005
171.55
161.31
13
West Godavari
44443
467.53
418.41
14
Other*
30200
192.47
192.38

Total
795688
6104.14
5790.79
587569
6078.01
5731.80
* pertains to institutions which do not have district-wise data and/or have not uploaded the same on the mudra portal.

This was stated by Shri Santosh Kumar Gangwar, Minister of State for Finance in written reply to a question in Rajya Sabha today (July 18, 2017).



Courtesy: pib.nic.in

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