Rajeev Chandrasekhar's official website - Member of Parliament

GOVERNMENT OF INDIA
Ministry of: Micro, Small and Medium Enterprises


RAJYA SABHA
UNSTARRED QUESTION NO 1191
TO BE ANSWERED ON 30.07.2015

Credit facility to unregistered entrepreneurs

1191. SHRI RAJEEV CHANDRASEKHAR 

Will the Minister of MICRO, SMALL AND MEDIUM ENTERPRISES be pleased to state:-

(a) whether the Ministry has taken cognizance of the findings of the latest socio-economic and caste census which reports that 2.73 per cent of 4 million households with self-employed entrepreneurs have a registered enterprise;

(b) whether the Ministry has undertaken any initiatives in the last year, to bolster credit availability to unregistered self-employed entrepreneurs, the details thereof; and 

(c) the targets of the Ministry, if any, to raise the number and percentage of registered enterprises amongst self-employed entrepreneurs in rural India?

ANSWER
MINISTER OF MICRO, SMALL AND MEDIUM ENTERPRISES
(SHRI KALRAJ MISHRA)

(a): Yes, Sir.

(b): Government of India (GOI) has set up a Micro Units Development & Refinance Agency (MUDRA) Ltd. which would be responsible for refinancing all Micro-finance Institutions (MFIs), which are in the business of lending to micro / small business entities engaged in manufacturing, trading and services activities for loan upto Rupees Ten lakh.

(c): There are no targets for registration of enterprises in rural areas.