West Bengal has become the leading state in India in terms of credit flow to the Micro, Small and Medium Enterprises (MSME) sector, Chief Minister Mamata Banerjee said today.
“We are No. 1 in credit flow to the MSME sector in the country. During the period April-September 2012, the credit flow from banks to MSME sector in Bengal was the highest at Rs 4,331 crore,” Banerjee said on Facebook.
She said the state was also leading during 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 businesses successfully,” she said.