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Government of India
Ministry of Micro,Small & Medium Enterprises
23-July-2015 17:35 IST
Revival of closed/sick MSME Units

 

As per provisional data compiled by the Reserve Bank of India (RBI) the number of sick micro, small and medium enterprises (MSMEs) in March, 2015 was 5, 16,619. The State/Union Territory-wise position regarding the number of sick units and loan outstanding for last three years is given:

 

(No. of units in actual, Amt. in Rs. Crore)

State/ Union Territory

Mar-13

Mar-14

Mar-15

No. of Units

Amount O/s

No. of Units

Amount O/s

No. of Units

Amount O/s

A & N Islands

68

1.59

98

6.48

111

35.54

Andhra Pradesh

12461

1268.73

42618

2437.29

43437

2429.05

Arunachal Pradesh

75

8.04

158

9.72

345

14.17

Assam

1318

201.90

5334

332.49

4500

511.71

Bihar

5705

395.41

16156

371.17

12194

433.61

Chandigarh

659

257.27

1349

267.29

1725

911.75

Chattisgarh

3002

89.70

4814

159.47

6191

229.84

Dadra & Nagar Haveli

22

1.82

91

8.63

61

9.51

Daman & Diu

25

3.74

19

39.46

36

4.47

Delhi

2845

1047.38

4658

2040.68

6066

2905.52

Goa

194

30.63

1354

110.80

2329

200.43

Gujarat

20615

836.56

48304

1790.38

49003

2601.02

Haryana

3351

468.10

9308

711.90

10867

745.83

Himachal Pradesh

1954

236.20

2242

247.64

2075

189.45

Jammu & Kashmir

1327

78.17

2188

184.42

2332

276.65

Jharkhand

5031

201.47

8234

527.68

11095

595.10

Karnataka

15845

939.84

34212

1294.96

38438

1256.69

Kerala

8710

210.65

21807

487.28

26248

716.11

Lakshadweep

0

0.00

5

0.13

0

0.00

Madhya Pradesh

11291

504.86

17678

509.40

18151

607.60

Maharashtra

32388

3137.91

43411

4598.99

50006

4837.61

Manipur

148

1.70

353

9.65

3688

47.88

Meghalaya

69

2.07

158

7.01

152

7.80

Mizoram

159

5.44

48

5.58

25

2.65

Nagaland

147

11.13

455

22.40

468

15.71

Orissa

11775

436.03

18337

748.88

18866

914.62

Puducherry

190

7.68

1913

115.14

1635

59.66

Punjab

3747

765.47

6575

1035.59

13326

1847.04

Rajasthan

20343

289.08

27791

557.58

23226

553.48

Sikkim

63

4.09

215

31.59

66

2.60

Tamil Nadu

23468

1814.47

44121

2844.41

44719

3650.73

Tripura

16

0.15

2166

44.85

5196

259.07

Uttarakhand

4572

179.69

15810

1848.16

3446

195.96

Uttar Pradesh

19104

1570.86

63355

6847.38

77761

2494.98

West Bengal

11517

1632.06

23062

2615.43

38835

3814.33

Total

222204

16639.89

468397

32869.92

516619

33378.17

 

The Government has taken the following steps for revival of closed/sick MSMEs:

 

·                     The revised guidelines for rehabilitation of sick MSEs issued on 1st November, 2012 by RBI, inter alia, provide for:

(i)                 Early detection of sickness; 

(ii)          A viability study to form the basis of rehabilitation package to potentially viable sick MSEs; and

(iii)        A non-discretionary one time settlement (OTS) scheme for the MSE    sector.

   

·           Ministry of MSME has issued a ‘Framework for Revival and Rehabilitation of MSMEs’ vide a Gazette Notification dated 29.05.2015 for the purpose of facilitating the promotion and development of MSMEs.

 

·           Further, Small Industries Development Bank of India (SIDBI) has also introduced “Management/ Restructuring of Stressed Assets and Rehabilitation Scheme for MSMEs”. The Scheme provides for relief and concessions (in the form of re-schedulement, reduction in rate of interest, funding of overdue/ future interest and waiver etc.) as well as need based additional financial assistance for revival of MSME sick units.

 

This information was given by the Minister of State, Micro, Small and Medium Enterprises, Shri Giriraj Singh in a written reply to a question in Rajya Sabha here today.

 

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