Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | MUDRA loans: Big States get a major share; smaller ones left high and dry -Radheshyam Jadhav

MUDRA loans: Big States get a major share; smaller ones left high and dry -Radheshyam Jadhav

Share this article Share this article
published Published on Dec 5, 2018   modified Modified on Dec 5, 2018
-The Hindu Business Line

TN entrepreneurs account for 10% of loans disbursed

Pune:
The growth of entrepreneurship in the non–corporate small business sector (NCSB) in smaller States has not received any major boost under the Central government’s ambitious MUDRA loan scheme.

Data show that States that already have higher Credit–Deposit (C-D) ratios — a yardstick that indicates better access to institutional credit — are the ones reaping the benefit of the scheme.

While six large States led by Tamil Nadu have received over 50 per cent of the ?6.82-lakh crore MUDRA loans disbursed till date, a majority of North-East States and Union Territories have not received even 1 per cent of the total MUDRA loans.

Interestingly, 60 per cent of the total loan sanction comes from these top six States.

MUDRA, a financial institution that stands for Micro Units Development and Refinance Agency Ltd, was set up by the government for the development and refinancing of micro enterprises. The scheme announced in 2016 is aimed at providing funding to the non-corporate small business sector through various last-mile financial institutions.

Please click here to read more.

The Hindu Business Line, 4 December, 2018, https://www.thehindubusinessline.com/economy/mudra-loans-big-states-get-a-major-share-smaller-ones-left-high-and-dry/article25665540.ece?homepage=true


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close