India, March 16 -- The Government of India has issued a release:
S No.
Financial Year
Amount disbursed (in Rs. crore)
1.
2022-23
16,96,738.26
2.
2023-24
22,04,454.98
3.
2024-25
26,43,448.95
As informed by Reserve Bank of India, the credit disbursement to Micro, Small and Medium Enterprises (MSME) sector by Scheduled Commercial Banks has shown significant growth in the last three years, as given below:
The Government has taken various measures to improve credit penetration and reduce financial stress for MSMEs across the country, which inter-alia includes:
This information was given by the Minister of State for Micro, Small and Medium Enterprises Sushri Shobha Karandlaje in a written reply in Rajya Sabha today.
Disclaimer: Curated by HT Syndication.
