Loans worth Rs 2.82 lakh cr sanctioned to MSMEs under collateral-free loan scheme : Rane

In a separate reply , he said under the Prime Minister's Employment Generation Programme (PMEGP), the estimated number of jobs generated in micro enterprises during 2020-21 and 2021-22 (as on November 15, 2021) were 5.95 lakh and 2.90 lakh, respectively.

Loans for an amount of Rs 2.82 lakh crore have been sanctioned as on November

12 this year under the collateral-free loan scheme for micro, small and medium

enterprises (MSMEs), Parliament was informed on Monday.

The government has the operationalised Rs 3 lakh crore collateral-free loan scheme with effect from

May 23, 2020 which is likely to benefit 45 lakh MSMEs, Union MSME Minister Narayan Rane said in a written reply in the Rajya Sabha.

"As on November 12, 2021, loans for an amount of Rs 2.82 lakh crore have been sanctioned," he said.

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