Empowering Micro, Small & Medium Enterprises

Government of India schemes

for self-employment and

dovetailing with state

sponsored schemes

प ूंजी सफलता की क ूं जी

Empowering Micro, Small & Medium Enterprises

2

Recent initiatives

• Government of India has taken several steps to develop the enterprises and self employment in the country. Some of these are:

Make in India Campaign

Digital India

Skill India programme

Pradhan Mantri Mudra Yojana

Start Up India

Stand Up India

• SIDBI/ MUDRA is involved in all these programmes

प ूंजी सफलता की क ूं जी

Empowering Micro, Small & Medium Enterprises

Genesis of MUDRA

NSSO survey (2013) - 57.7 million micro units in the country, employing around 100 to 120 million people.

Mostly individual proprietorship / ‘Own Account Enterprises’

Over 60% of units owned by persons belonging to vulnerable sections like Scheduled Castes (SCs), Scheduled Tribes (STs) or Other Backward Classes (OBCs)

Less than 5% access funds from formal banking system – borrow from informal sources, use own funds

Hon’ble FM announced formation of MUDRA Bank and PMMY in the budget for 2015-16

MUDRA launched by Hon’ble Prime Minister, as a NBFI, wholly owned subsidiary of SIDBI

Has its Registered and Corporate Offices in Mumbai; SIDBI office across the country extended arms of MUDRA

प ूंजी सफलता की क ूं जी

Empowering Micro, Small & Medium Enterprises

MUDRA at a Glance

MUDRA, a wholly owned subsidiary of SIDBI, with Rs 5000 crore authorized capital and a net worth of ` 1900 crore;

has 10500+ crore balance sheet

MUDRA provide refinance and credit Guarantee support to last Mile Financiers (LMFIs)

An allocation of ` 20,000 crore as corpus fund for refinance has been made by RBI in May 2015; ` 8,125 crore drawn so

far

Partners with 187 institutions including 89 banks (27 Public Sector Banks, 18 Private Sector Banks, 31 RRBs, and 13 State/ Urban Cooperatives Banks), 68 MFIs and 30 NBFCs

प ूंजी सफलता की क ूं जी

Empowering Micro, Small & Medium Enterprises

MUDRA Activities- Key highlights

Extended refinance of more than ` 6864 crore to 16

PSBs, 23 MFIs and 2 NBFCs.

Funding also extended through Securitization, and participated in 6 investments in Pass Through Certificates.

Monitoring of PMMY performance through dedicated portal.

Business literacy through MUDRA App.

प ूंजी सफलता की क ूं जी

Empowering Micro, Small & Medium Enterprises

MUDRA - Sanctions and disbursement

प ूंजी सफलता की क ूं जी

@ Amount released against sanctions done in 2015-16

$ Investment in 6 PTCs

Agency 2015-16 2016-17 Cumulative

Amount

sanctioned

` in crore

Amount

disbursed

` in crore

Amount

sanctioned

` in crore

Amount disbursed

` in crore

Amount

sanctioned

` in crore

Amount

disbursed

` in crore

Banks 2432.00 2432.00 1887.73 1887.73 4319.73 4319.73

MFIs 812.00 616.00 869.50 787.00@ 1681.50 1403.00

NBFCs 250.00 - 549.00

399.00

799.00 399.00

RRBs 239.25 239.25 181.79 181.79 421.04 421.04

Total 3733.25 3287.25 3488.02 3255.52 7221.27 6542.77

Investment

in PTCs

49.95 49.95 271.42 271.42 321.37 321.37$

Grand Total 3783.20 3337.20 3759.44 3526.94 7542.64 6864.14

Empowering Micro, Small & Medium Enterprises

MUDRA Card for hassle free credit Hassle free credit to small borrowers (especially to those in lower

segment viz., Shishu loans); Loan drawal on demand with flexibility in operation.

MUDRA card help in digitizing MUDRA loan transactions and facilitate less cash regime.

A co-branded card with MUDRA and the issuing bank, issued directly or in association with MFI/NBFCs.

A common layout / design for MUDRA card, approved by NPCI.

Mudra Card- Debit card on RuPay platform; operable on ATMs and

POS machines.

MUDRA provide refinance / credit guarantee against loans granted

under MUDRA Card.

5.17 lakh cards for `1477 crore issued as on 31.3.2016.

1.83 lakh cards for `1490.91 crore issued during FY 2016-17.

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Empowering Micro, Small & Medium Enterprises

PMMY

PMMY launched on 08 April 2015 envisages lending to micro enterprises with credit needs upto `10 lakh.

Income generating activities under manufacturing, processing, trading, service sector and allied agriculture Programme implemented through Banks- PSBs, Pvt Banks, RRBs and NBFCs/ MFIs A target of `122,118 crore & `180000 in the past two years;

current financial year Rs 2.44 lakh crore target Target achieved in both years; a cumulative amount of Rs 3.15 lakh crore for 7.50 crore accounts A dedicated portal, linked to MUDRA website, for weekly updation of the progress by banks, MFIs and NBFCs. Information about state wise / district wise / bank wise performance with disaggregated data on category of loan, category of borrowers captured.

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Empowering Micro, Small & Medium Enterprises

Progress under PMMY- All India

प ूंजी सफलता की क ूं जी

Scheme 2015-16 2016-17

No. of

Accounts

(lakhs)

Amount

sanctioned

(` in

crores)

Amount

disbursed

(` in

crores)

No. of

Accounts

(lakhs)

Amount

sanctioned

(` in

crores)

Amount

disbursed

(` in

crores)

SHISHU 324.01 62895 62028 364.98 85100 83892

KISHORE 20.69 43052 41073 26.63 53545 51063

TARUN 4.10 31502 29854 5.40 41883 40357

TOTAL 348.80 137449 132955 397.01 180528 175312

Empowering Micro, Small & Medium Enterprises

Progress under PMMY- MP

प ूंजी सफलता की क ूं जी

Scheme 2015-16 2016-17

No. of

Accounts

(lakhs)

Amount

sanctioned

(` in

crores)

Amount

disbursed

(` in

crores)

No. of

Accounts

(lakhs)

Amount

sanctioned

(` in

crores)

Amount

disbursed

(` in

crores)

SHISHU 24.06 4673 4611 25.32 5494 5433

KISHORE 0.84 1807 1654 1.20 2689 2543

TARUN 0.20 1617 1505 0.30 2324 2215

TOTAL 25.10 8097 7769 26.82 10506 10192

Empowering Micro, Small & Medium Enterprises

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Analysis of PMMY performance in MP

during 2016-17

प ूंजी सफलता की क ूं जी

• Total number loan accounts : 26.83 lakh

• Amount of loan sanctioned : Rs.10506 cr

• New loan accounts : 5.24 lakh

• No. women entrepreneurs : 20.08 lakh

• No. SC/ ST funded : 7.25 lakh

• Loan sanctioned by PS Banks : Rs. 3891 crore (2.95 L a/c)

• Loan sanctioned by Pvt. Banks : Rs. 1957 CR ( 5.49 L a/c including 1.85 L a/c of Bandhan Bank Ltd) )

• Loan sanctioned by RRBs : Rs 347 Cr ( 0.34 L)

• Indore has maximum sanctions in loan a/c, followed by Bhopal, Jabalpur and Ujjain

Empowering Micro, Small & Medium Enterprises

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Convergence with Govt. programme

प ूंजी सफलता की क ूं जी

• PMMY is to fund the income generating micro enterprises

• It is for both new units and expansion of existing units

• Initially the programme covered enterprises in manufacturing, trading and services

• Activities allied to agriculture is now included

• Objective of the Programme to support income generation and employment creation

• Any Govt. programme supporting enterprise creation can be funded under PMMY

• GOI/ State Govt. schemes for skill development/ enterprise creation can be part of PMMY

Empowering Micro, Small & Medium Enterprises

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Road ahead

प ूंजी सफलता की क ूं जी

• The self employment schemes Mukhyamantri Yuva Udhyami Yojana, Mukhyamantri Swarozgar yojana nad Mukhyamantri Arthik Kalyan Yoajna has provided self employment to over One lakh entrepreneurs.

• Target for 2017-17 is 1.30 lakh entrepreneurs

• In addition PMMY, Stand Up India and Start up India offers good prospects to youth in MP

• Tying up with RSETIs in the State is a means of achieving higher linkage

• RSETIs are facilitating institutions on www.udyamimitra.in a platform for applying for loans

Empowering Micro, Small & Medium Enterprises

Thank you!

www.mudra.org.in

प ूंजी सफलता की क ूं जी