West Bengal Leading Credit Flow in MSME Sector: Mamata - The New Indian Express

West Bengal Leading Credit Flow in MSME Sector: Mamata

Published: 11th January 2014 04:07 PM

Last Updated: 11th January 2014 04:07 PM

West Bengal has become the leading state in India in terms of credit flow in the Micro and Small Scale Industries (MSME) sector, Chief Minister Mamata Banerjee said today.

"We are No. 1 in credit flow in the MSME sector in the country. During the period April-September 2012, the credit flow from banks in MSME sector in Bengal was the highest at Rs 4331 crore," Banerjee said on Facebook.

She said the state was also leading during the period April-September 2013, with the highest credit flow of Rs 8,900 crore to the MSME sector.

This was more than 105 per cent increase on year-to- year basis, she said while pointing out that few other states like Gujarat, Tamil Nadu, Maharashtra, Karnataka, Andhra Pradesh, Jharkhand and Chhattisgarh have recorded an average growth below 50 per cent.

"This has been possible due to the persistent follow up of the West Bengal government in providing entrepreneurs all necessary assistance for setting up and running business successfully," Banerjee said.

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