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The Times of India

National

Niyati Parikh | TNN

Loans given to women entrepreneurs double, but picture is complicated: Gujarat Bankers

AHMEDABAD Gujarat MSMEs Covid-19

AHMEDABAD: As industrial and commercial activity regained momentum after the Covid-19 lockdown and peaks, credit offtakes to MSMEs and all other sectors improved. But the fresh disbursals made to women entrepreneurs showed the highest growth in 2021-22, up 75% against the 2020-21 figures, and the number of beneficiaries went up 99%.

Fresh loans to the tune of Rs 35,560 crore were extended to women entrepreneurs in 2021-22, as compared to Rs 20,132 crore in 2020-21, according to the latest data compiled by the State Level Bankers’ Committee (SLCB), Gujarat. The number of beneficiaries grew from 7.87 lakh to 15.67 lakh during the period under review.

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