Enrollment No.

:- 2101160258
Name :- Asavari Sunil Patil
Roll No. :- 26
Branch :- IF-5I
Semester :- 5th Semester
Practical 8
Aim:- Visit a bank/financial institution to enquire about various
funding schemes for small scale enterprises

Pradhan Mantri MUDRA Yojana (PMMY)

• Introduction:
i. Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the
Hon’ble Prime Minister on April 8, 2015 for providing loans up to 10
lakh to the non-corporate, non-farm small/micro enterprises. These
loans are classified as MUDRA loans under PMMY.
ii. ii. These loans are given by Commercial Banks, RRBs, Small Finance
Banks, MFIs and NBFCs. The borrower can approach any of the
lending institutions mentioned above or can apply online through this
portal www.udyamimitra.in .
iii. iii. Under the aegis of PMMY, MUDRA has created three products
namely 'Shishu', 'Kishore' and 'Tarun' to signify the stage of growth /
development and funding needs of the beneficiary micro unit /
entrepreneur and also provide a reference point for the next phase of
graduation / growth

• Achievements Under PMMY Since Inception:

Financial Year No. Of PMMY Amount Amount
Loans Sanctioned Disbursed
Sanctioned
 2015-2016 34880924 137449.27 132954.73
CRORE CRORE
2016-2017 39701047 180528.54 175312.13
CRORE CRORE
2017-2018 48130593 253677.10 245437.40
CRORE CRORE
2018-2019 59870318 321722.79 311811.38
CRORE CRORE
2019-2020 62247606 337495.53 329715.03
CRORE CRORE
2020-2021 50735046 321759.25 11754.47
CRORE CRORE
2021-2022 55637040* 148278.12 142264.64
CRORE* CRORE*

Objectives:
i. PMMY has opened channels for formal and subsidized access to
credit to the youth of the country.
ii. ii. The objective is to cater to the bottom of the pyramid and support
young skilled workers to become first generation entrepreneurs and
facilitate the expansion of existing small businesses

Credit Guarantee Fund Trust for Micro and Small Enterprises

(CGTMSE)
• Introduction:
i. Credit Guarantee Fund Trust for Micro and Small Enterprises
(CGTMSE) is jointly set up by Ministry of Micro, Small & Medium
Enterprises (MSME), Government of India and Small Industries
Development Bank of India (SIDBI) to catalyse flow of institutional
credit to Micro & Small Enterprises (MSEs).
ii. Credit Guarantee Scheme (CGS) was launched to strengthen credit
delivery system and to facilitate flow of credit to the MSE sector,
create access to finance for unserved, under-served and
underprivileged, making availability of finance from conventional
lenders to new generation entrepreneurs. Over the past 20 years,
CGTMSE has been instrumental in providing guarantee cover to
 collateral and/or third party guarantee free credit facilities extended
by eligible Member Lending Institution [MLIs] to MSEs.

• Achievements:
i. In 2008-09 he complete 50,000 proposals for Rs.1,500crore.
ii. In March 30, 2009 he completes 146326 proposals for Rs.4725crore.

• Objective:
i. Availability of bank credit without the hassles of collaterals / third
party guarantees would be a major source of support to the first
generation entrepreneurs to realise their dream of setting up a unit of
their own Micro and Small Enterprise (MSE).
ii. Keeping this objective in view, Ministry of Micro, Small & Medium
Enterprises (MSME), Government of India launched Credit Guarantee
Scheme (CGS) so as to strengthen credit delivery system and facilitate
flow of credit to the MSE sector. iii. To operationalise the scheme,
Government of India and SIDBI set up the Credit Guarantee Fund
Trust for Micro and Small Enterprises (CGTMSE).

SIDBI Make in India Loan for Enterprises (SMILE)

• Introduction:
i. SIDBI Make in India Loan for Enterprises (SMILE) scheme was also
launched by Government of India.
ii. The Scheme is intended to take forward the Make in India campaign of
Government of India’s and help MSMEs take part in the campaign.
iii. The focus will be on identified twenty-five sectors under ‘Make in India’
programme’ with emphasis on financing smaller enterprises within the
MSME sector. iv. SMILE scheme provides a timely and adequate financial
resource for the 25 identified sectors.

• Objective of the Scheme:

i. The objective of the SIDBI Make in India Loan for Enterprises (SMILE)
scheme is to support new & existing MSMEs for purchasing growth
opportunities.
ii. This major new National program is designed to facilitate foster
innovation, investment, protect intellectual property, enhance skill
 development and build best-in-class manufacturing infrastructure for
MSMEs by providing financial support to meet the required debt-equity
ratio for the formation of an enterprise.

• Conclusion: Hence we conclude that there are different funding schemes

are available for entrepreneurs for small scale of enterprises

MARKS OBTAINED DATED

SIGNATURE OF
TEACHER
Process Product Total
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(35) (15)