Current Affairs - State - Discussion

According to TransUnion Credit Information Bureau (India) Limited (CIBIL) - Small Industries Development Bank of India's (SIDBI) Micro, Small & Medium Enterprises (MSME) Pulse Report, Gujarat was ranked first in terms of performance and credit growth potential for MSME Corporate Lending in India. It has maintained the top position since the past 4 years. MSME corporate entities are borrowers with aggregate credit exposure of up to Rs 50 crore. The market size of this category is Rs 17.6 lakh crore as of March 31, 2019. Gujarat was followed by Andhra Pradesh, Haryana, Karnataka and Delhi. Maharashtra, one among the most industrialized states, was ranked 9th. Maharashtra, Rajasthan, Tamil Nadu, Uttar Pradesh and Jammu & Kashmir are the other states with high potential in MSME corporate lending.