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Applications Rejected by Banks against Applications Recommended by DLTFC under PMEGP for setting up of Enterprises from 2015-16 to 2018-19

March 6, 2020

During 2015-16, there were 127423 applications recommended /forwarded to banks by District Level Task Force Committee (DLTFC) under Prime Minister Employment Generation Programme (PMEGP) for setting up of enterprises. Out of 127423 applications forwarded, 36085 (28.32%) applications were rejected by banks during 2015-16.

We have seen annual growth of 34.6% in applications forwarded by DLTFC to 171505 applications and 113.79% in rejection of applications by banks to 77145 applications under PMEGP for setting up of enterprises during 2016-17 above 2015-16. So there was a rejection of 44.98% applications by banks under PMEGP for setting up of enterprises during 2016-17.

The number of applications forwarded to banks by DLTFC under PMEGP for setting up of enterprises was 292238 during 2017-18, up by 70.4% against the number of applications forwarded during 2016-17. Whereas annual growth of 65.7% has been found in rejection of applications by banks under PMEGP for setting up of enterprises to 127831 during 2017-18 versus the number of applications rejected during 2016-17. Here it seemed 43.74% applications were rejected by banks under PMEGP for setting up of enterprises during 2017-18.

During 2018-19 (as on 30.11.2018); the number of applications forwarded to banks by DLTFC and the number of applications rejected by banks was 173386 and 33213 (19.16%) respectively under PMEGP for setting up of enterprises.

Note: Source: RAJYA SABHA SESSION – 247 UNSTARRED QUESTION No 279; DLTFC: District Level Task Force Committee.

Dataset URL: https://data.gov.in/resources/year-wise-percentage-pending-applications-rejected-applications-and-sanctioned-projects

Resource Title: Year-wise Percentage of pending applications, rejected applications and sanctioned projects against the applications recommended by DLTFC and forwarded to bank from 2015-16 to 2018-19 (From : Ministry of Micro, Small and Medium Enterprises)

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Source: Rajya Sabha
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