Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Opinion
  • Feature
  • Timeout
  • Entertainment
  • Sports
  • Sci-Tech
  • Others
    • COVID-19
    • Today’s Pic
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Opinion
  • Feature
  • Timeout
  • Entertainment
  • Sports
  • Sci-Tech
  • Others
    • COVID-19
    • Today’s Pic
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Odisha MSMEs get ‘emergency’ loan of Rs 1,462 crores

Updated: August 5th, 2020, 22:21 IST
in Metro, Popular
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Bhubaneswar: The Central government has claimed that the banks have disbursed Rs 1,462 crore to the MSMEs in Odisha under Emergency Credit Line Guarantee (ECLG) scheme during this pandemic.

In a webinar, Wednesday, DG of PIB India Rajesh Malhotra said,  “As on August 3, 2020, under 100 per cent ECLG scheme, PSBs have sanctioned Rs 2,105 crore of which Rs1,462 crore has been disbursed to MSMEs in Odisha.”

Malhotra mentioned that public and private sector banks have sanctioned Rs1,37,586 crore under ECLG scheme to MSMEs across the country. In total, public and private banks have disbursed around Rs92,000 crore, out of which Rs50,000 crore is dispatched to MSMEs by public sector banks across the country.

In other hand, director in-charge of MSME development Institute, SK Sahoo, claimed that financial institutions are not pro active in disbursing loans under the scheme. “About 1.50 lakh MSME accounts have been sanctioned for the loan but only 71,031 accounts have been disbursed loans in Odisha. The disbursement rate is only 47.28 per cent in the state while in the country it is 57.12 per cent,” Sahoo said. He urged for a speedy disbursement.

MSME-DI has taken the matter to the SLBC and RBI so that the process of loan disbursements can go fast.

In this regard, the state government is inspecting and consulting with the banks to be active in lending loans under the ‘Atmanirbhar’ scheme. Additional director of state industries department Saroj Kumar Hota said, “We are talking with all bank GMs. We have also asked the entrepreneurs that they can talk to the respective Collectors if they face difficulty in getting loans under the scheme.” Industries department stated that MSMEs have Rs80 crore dues pending with different state PSUs and central PSUs.

Tags: ECLG schemeEmergency loanMSME in Odisha
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

Related Posts

17 new Covid cases detected in Odisha, total rises to 73

17 new Covid cases detected in Odisha, total rises to 73

March 24, 2023
DJ azex

DJ Azex allegedly cheated three girls; victims banded together to expose him

March 24, 2023
Class 10 Board examination begins in Odisha

Odisha to introduce ‘School Clubs’ in secondary schools from 2023-24 academic sessions

March 24, 2023
Naveen Patnaik, Mamata Banerjee

Naveen, Mamata resolve to make federal structure ‘strong, permanent’

March 23, 2023
Odisha: IMD issues Yellow Warning for these eight districts

Odisha: IMD issues Yellow Warning for these districts

March 23, 2023
DJ azex

DJ Azex was on call with his rumoured girlfriend before death: Source

March 23, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

Plastic Free Odisha

Haratiya Bidyaniketan School students

Haratiya Bidyaniketan School students of Alipur, Bari support a plastic free Odisha. Do you? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our ...

October 2, 2018
Plastic Free Odisha

Actor Sritam Das

Actor Sritam Das supports a plastic free Odisha. Do you? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page Orissapost(@OrissaPOST.Here.Now) *Post ...

October 2, 2018
Plastic Free Odisha

CRPF 127 Battalion, Bhanjanagar

CRPF 127 Battalion, Bhanjanagar supports a plastic free Odisha. Do you?   *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page Orissapost(@OrissaPOST.Here.Now) ...

October 2, 2018
Plastic Free Odisha

Gandhi Science Higher Secondary School in Khandagiri, Bhubaneswar

Gandhi Science Higher Secondary School students of Khandagiri, Bhubaneswar support a plastic free Odisha. Do you?   *Visit our website ...

October 2, 2018
Plastic Free Odisha

D.A.V Public School-Kalinga Nagar

D.A.V Public School Students, support Plastic free Odisha. Do you? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page Orissapost(@OrissaPOST.Here.Now) *Post ...

August 30, 2018
Plastic Free Odisha

Archita Sahu, Actress

Archita Sahu support a Plastic Free Odisha. Do you? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page Orissapost(@OrissaPOST.Here.Now) *Post your ...

August 30, 2018
Plastic Free Odisha

Actress Bhoomika Dash

Actress Bhoomika Dash calls for a Plastic Free Odisha. Have You Joined the movement? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our ...

August 30, 2018
Plastic Free Odisha

Odisha Rajya Rogi Adhikar Mancha & Mangalabagh International Club workers

Odisha Rajya Rogi Adhikar Mancha & Mangalabagh International Club Workers support a plastic free Odisha. Do you? *Visit our website ...

October 2, 2018
Plastic Free Odisha

Arindam Roy, Actor

Arindam Roy supports call for a Plastic Free Odisha. Do you support the movement? *Visit our website www.orissapost.com. Like,Share,Subscribe,Recommend our Facebook ...

August 29, 2018
Plastic Free Odisha

Tanbhi Block School students and staff

Tanbhi Block School students and staff support plastic free Odisha. Do you? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page ...

October 2, 2018
Plastic Free Odisha

Students of Tulasipur Saraswati Sishu Vidya Mandir, Cuttack

Students of Tulasipur Saraswati Sishu Vidya Mandir, Cuttack call for a Plastic Free Odisha. Do you support the movement? *Visit our ...

August 29, 2018
Plastic Free Odisha

Srikumar Misra-Entrepreneur

Srikumar Misra supports a Plastic Free Odisha. Do you? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page Orissapost(@OrissaPOST.Here.Now) *Post your ...

August 30, 2018
Plastic Free Odisha

Olympian Anuradha Biswal

Olympian Anuradha Biswal supports a Plastic Free Odisha. Do you? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page Orissapost(@OrissaPOST.Here.Now) *Post ...

August 30, 2018
Plastic Free Odisha

Govinda Poddar-Odisha Ranji Team Captain

Govinda Poddar, Odisha Ranji Team Captain  calls for a Plastic Free Odisha. Have You Joined the movement? *Visit our website ...

August 30, 2018
Plastic Free Odisha

Bargarh Ranapratap High School students

Bargarh Ranapratap High School students support plastic free Odisha. Do you? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page Orissapost(@OrissaPOST.Here.Now) ...

October 2, 2018
Plastic Free Odisha

Elina Samantray, Actress

Elina Samantray calls for a Plastic Free Odisha. Do you support the movement? *Visit our website www.orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page ...

August 29, 2018
Plastic Free Odisha

Padmashree Aruna Mohanty-Odissi Dancer

Padmashree Odissi Dancer Aruna Mohanty calls for a Plastic Free Odisha. Have You Joined the movement? *Visit our website orissapost.com. ...

August 30, 2018
Plastic Free Odisha

Debashish Mohanty-Former Indian Cricketer

Cricketer Debashish Mohanty supports  a Plastic Free Odisha. Do you? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page Orissapost(@OrissaPOST.Here.Now) *Post ...

August 30, 2018
Plastic Free Odisha

Sri Aurobindo School students & teachers

Sri Aurobindo School students & teachers of Sambalpur support plastic free Odisha. Do you? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our ...

October 2, 2018
Plastic Free Odisha

Valena Valentina-Karate Player

Karate player Valena Valentina calls for a Plastic Free Odisha. Have You Joined the movement? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend ...

August 30, 2018
Plastic Free Odisha

Samanta Singhara Nodal High School students

Samanta Singhara Nodal High School students of Balia, Jajpur support plastic free Odisha. Do you? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend ...

October 2, 2018
Plastic Free Odisha

Utkal University Journalism Department Students

Utkal University Journalism Department students call for a Plastic Free Odisha. Do you support the movement? *Visit our website www.orissapost.com. Like,Share,Subscribe,Recommend ...

August 29, 2018
Plastic Free Odisha

National School Kujang

National School students Kujang Jagatsinghpur district support a plastic free Odisha. Do you? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our Facebook ...

October 2, 2018
Plastic Free Odisha

Sundargarh Public School students

Sundargarh Public School students support a plastic free Odisha. Do you? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page Orissapost(@OrissaPOST.Here.Now) ...

October 2, 2018
Plastic Free Odisha

High school students of Sambalpur district

High school students of Sambalpur district support plastic free Odisha. Do you? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page ...

October 2, 2018
Plastic Free Odisha

Naveen Jindal-Enterpreneur

Naveen Jindal support a Plastic Free Odisha. Do you?  *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page Orissapost(@OrissaPOST.Here.Now) *Post your Photos/Selfie ...

August 30, 2018
Plastic Free Odisha

Puri SCS College Students

Puri SCS College Students support a plastic free odisha. Do you? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page Orissapost(@OrissaPOST.Here.Now) ...

August 30, 2018
Plastic Free Odisha

Deepak Kumar-Actor

Deepak Kumar support a Plastic Free Odisha. Do you support the movement? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page ...

August 30, 2018
Plastic Free Odisha

Ratikant Mohapatra,Odissi Dance Director

Ratikant Mohapatra support a plastic free odisha. Do you? *Visit our website orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page Orissapost(@OrissaPOST.Here.Now) *Post your ...

August 30, 2018
Plastic Free Odisha

Swaraj Barik, Actor

Swaraj Barik calls for a Plastic Free Odisha. Do you support the movement? *Visit our website www.orissapost.com. Like,Share,Subscribe,Recommend our Facebook Page ...

August 29, 2018

Archives

Editorial

No Deal for Rohingya

A Rohingya refugee child walks back to his makeshift shelter after collecting water at Hakimpara refugee camp in Bangladesh’s Ukhia district January 27, 2018. (AFP)
March 22, 2023

International attention has, for the past few months, been drawn to the possibility of elections in Myanmar under the watchful...

Read more

Parliament in Peril

March 21, 2023

The current logjam in the Parliament is nothing new. It has become an almost regular practice in recent times. Such...

Read more

Macron’s ‘Retirement’

France President Emmanuel Macron
March 20, 2023

France is in turmoil due to the government’s desperate measure to reform the retirement age changing it from 62 to...

Read more

Image & Reality

Image & Reality
March 19, 2023

The Prime Minister is seen as politically dominant if not invincible and with good reason. However, it has not been...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Opinion
  • Feature
  • Sports
  • Sci-Tech
  • About Us
  • Advertise
  • Contact Us
  • Career
Developed By Ratna Technology

© 2020 All rights Reserved by OrissaPOST

  • Home
  • Metro
  • State
  • National
  • International
  • IPL
  • Sports
  • Business
  • Entertainment
  • Feature
  • Opinion
  • Sci-Tech
  • COVID-19
  • Today’s Pic
  • About Us
  • Contact Us
  • Career
  • Facebook
  • Twitter

© 2020 All rights Reserved by OrissaPOST