No special credit package for Western UP MSMEs, ministry cites existing schemes

The MP asked the Ministry of Finance whether the Government proposes a special credit package for MSMEs and handicraft industries in Western Uttar Pradesh, and if so, for details and beneficiaries. The Ministry responded by listing existing national schemes and their disbursement data for Uttar Pradesh.

Asked by: Shri Zia Ur Rehman (MP); Answered by: Ministry of Finance (Department of Financial Services), represented by Finance Minister Smt. Nirmala Sitharaman.

• Pradhan Mantri Mudra Yojana (PMMY): Collateral-free credit up to ₹20 lakh; 6.02 crore loans totaling ₹4.13 lakh crore disbursed in UP since inception, with 36% to women beneficiaries.
• PM Vishwakarma Scheme: Collateral-free loans up to ₹3 lakh at 5% interest for 18 identified trades; ₹129 crore disbursed to 15,304 beneficiaries in UP.
• National Handicrafts Development Programme (NHDP): ₹29.12 crore sanctioned in FY 2025-26 for 10,616 artisans in UP.
• Comprehensive Handicrafts Cluster Development Scheme (CHCDS): ₹6.25 crore sanctioned in FY 2025-26 for 1,510 artisans in UP; scheme ended 31.03.2026.
• Credit Guarantee Scheme (CGS) via CGTMSE: Over 21 lakh guarantees totaling ₹1.58 lakh crores issued in UP as on 31.07.2026.
• Emergency Credit Line Guarantee Scheme (ECLGS) 5.0: Launched May 2026; ₹13,139 crores disbursed to 55,824 MSMEs in UP as on 05.08.2026.
• Credit Guarantee Scheme for Exporters (CGSE): ₹744.06 crores disbursed to 364 exporters in UP; scheme ended 31.03.2026.

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