GOVERNMENT OF INDIA
Ministry of Micro, Small and Medium Enterprises
UNSTARRED QUESTION NO. 4114
TO BE ANSWERED ON May 14, 2012
Survey of MSMEs in Karnataka
4114. SHRI RAJEEV CHANDRASEKHAR:
Will the Minister of MICRO, SMALL AND MEDIUM ENTERPRISES be pleased to state:
(a) whether Government has conducted any survey about the number of micro, small and medium enterprises (MSMEs) which have been closed in Karnataka;
(b) the number of those enterprises which are potentially viable and could be revived; and
(c) What action Government has taken or proposes to take to revive the closed MSMEs in the State in a time-bound manner?
MINISTER OF MICRO, SMALL AND MEDIUM ENTERPRISES
(SHRI VIRBHADRA SINGH)
7,218 sick MSMEs in Karnataka at the end of March, 2011.
(c): The revival of sick enterprises is done through financial assistance, by way of debt restructuring, including fresh loans for rehabilitation of MSEs by primary lending institutions, including commercial banks. Reserve Bank of India has issued following guidelines/instructions to banks in this respect:Rehabilitation of Sick MSEs (January 2002);