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Lok Sabha
The Government has fixed quarterly targets under the Credit Guarantee Fund Scheme for the first time in 2005-06. The cumulative number of proposals approved for guarantee cover under the Credit Guarantee Fund Scheme up to June 30, 2005 was 30,252. Against the target of covering 2000 proposals for an aggregate credit of Rs.80 crore in the first quarter of 2005-06 (i.e. April-June 2005), the actual performance was coverage of 2386 proposals for an aggregate credit of Rs.80.47 crore.
This information was given by the Minister of Small Scale Industries and Agro & Rural Industries, Shri Mahabir Prasad in a written reply to a question in Lok Sabha today.
MG: PM
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