Manicklal Chakraborty Chennai India
Reason Behind the imports
Despite government encouraging and brings the schemes time to time are not reaches to the state authority, and youth since in our is country democracy set up, different states governments are having their own regional party. it’s unfortunate they hesitate to implement central government schemes due to their political differences, again its unfortunate they fail to understand ruling government at the center is duty bond look in to country as whole, particular political party government come and go but country remain, our government machineries must realize India as whole, and they must willing to come forward implement central government schemes for development of country and implement it, and ensure that it reaches to concern stakeholders is a must.
At the same time Central government, asking public feedback in all their official website if with regards to if there is any griviemnces to that may bring it to their notice concern but its very unfortunate was not taken for account which is disappointing, I have experience checking the website after the carefully taken the mail ID and submitting my feedback that, not delivering – ie, after some time it bounce back to me, stating that address id not found (how it is ?) that clearly shows that what they preach but not in doing (action)
On the other hand when I send my articles editor of the various national news papers they are also hesitate to publish it, in Democratic Country what our constitution says fundamental right, all the citizen of the country having their equal right in term of freedom of Speech, Write, and Expression but it fail to honor respect the common feeing citizen of their country
When the MSME constitute 90% of total enterprises in most of the economies and are credited with generating highest rates of employment growth and account for major share of industrial production exports (it’s hard to believe- if so why government not encouraging business loan to eligible) * According to the RBI data, services exports in February were $17.73 billion, registering a positive growth of 6.88 per cent. Imports were $11.07 billion, an increase of 12.82 per cent.Apr 15, 2020
How many % of graduates are unemployed in India? And the impact
According to a report prepared by the Centre for Sustainable Employment at Azim Premji University, unemployment among the well-educated is thrice the national average. There are approximately 55 million people in the labour market with at least a graduate degree – of which nine million are estimated to be un employed.Feb 25, 2019
At least 35 un employed and 36 self- employed people an average ended their lives every day in 2018 with these two categories together accounting for 26, 085 suicide death during the year according to official data released by the National Crime Record Bureau (NCRB)
Unemployed persons (12,936) were slightly behind those self employed (13,149) who took their own life while both categories un numbered the suicide figures of those working in the farming sector – 10,349 – in 2018. Over all 1, 34,516 suicide where reported in the country during 2018, showing increase of 3.6% in comparison to 2017. The NCRB stated. the latest NRCB data which comes under Ministry of Home Affairs (MHA),
Here with I bring the fact about our government announced various scheme through encourage to start their own business BUT the fact behind is not encouraging
Who can avail MUDRA LOAN? (As per government announce)
The gounment authority says in their web site
Any Indian Citizen who has a business plan for a non-farm sector income generating activity such as manufacturing, processing, trading or service sector and whose credit need is less than 10 lakh can approach either a Bank, MFI, or NBFC for availing of MUDRA loans under Pradhan Mantri Mudra Yojana (PMMY).
What it says?
To apply for startup India loans follow the below steps:
1. Log on to startup India portal.
2. Enter your legal entity.
3. Enter your business registration number.
4. Enter the registration date.
5. Enter your PAN number.
6. Enter the address, pin code and state.
7. Enter details of authorized representatives.
8. Enter the details of partners.
More items... jun 18, 2018
At the same time – WHO CAN APPLY MUDRA LOAN – SHOWS CONTRADICTION
Who can apply for Mudra scheme?
Eligibility: Anyone who runs small business enterprise is eligible to apply for mudra loan. Mudra yojana loans are given under three different categories. The first category, known as shishu (for extremely small business units) covers loans upto Rs 50,000.Jun 10, 2018
HOW DO I GET BUSINESS LOAN FOR A NEW BUSINESS?
How to Apply for a Small Business Loan
1. Know the Reason for and Amount of the Business Loan. ...
2. Review Your Credit History and Credit Score. ... * When a person wants to start new business how can he/she show their credit history bank hesitate to give loan without understand the fact, they wants their credit history ho w it is possible when its their first request to do their business )
3. Start Reviewing Your Borrowing Options. ...
4. Visit Your Local SCORE and SBDC Offices. ...
5. Prepare Your Business Plan. ...
6. Plan a Presentation and Make the Appointment.
Apr 10, 2020
What is the eligibility for Mudra loan?
A business that needs capital to establish itself is eligible for a loan of Rs. 50,000 to Rs. 5 lakh (Kishor loan) while an established business that need capital for expansion can apply for a Mudra loan of Rs. 5 lakh to Rs.
Eligibility Criteria for Startup India Scheme
· The start-up must be registered as a Private Company, LLP or Partnership Firm: ...
· The start-up must not be a product of restructuring: ...
· The Startup must not be older than 5 years: ...
· Annual turnover of the start-up must not be more Rs....
· The business must be involved in a new product or service:
· Unemployment and poverty pushed at least 10 indians – nine men and women on average to kill themselves every day in 2018, the information was accessed from the latest dataon sucide released by NCRB National Crime Record Bureau on Friday jan 3. Overall, india saw 1.34 lakh sucide in 2018 registering a 3.6% increase from the 1.3 such cases in 2017 cases, comparatively suicide because of JOBLESS grew by 14%
First of all there is no loan available for the right person.
What are the scheme brings by the government bank are not aware of it (the reason GOD only knows)
Start up business those who want genuinely to do their business, not possible to avail their loan since both government and banking authority designed such a way asking
Accounts History, Previous load status it all NOT Applicable but very much stressed….say need the information, all these kind of irrelevant questions are paving the way for local politicians to interfere or ruling politician interference are much valid by the authority – Please note the important point here, that, those who genuinely wants loan to do their business hesitate to seek this brokers help finally they will not offer or avail their loan
It clear that, country is not for NOT law abiding citizen
Is Mudra loan a failure?
Out of the 182.60 million MUDRA loans sanctioned, only 3.63 million accounts defaulted as on 31 March. This means only 1.99% of the loans sanctioned under MUDRA have turned bad over the years.Jul 21, 2019
NEW DELHI: The government on Tuesday said close to 3 per cent of Rs 6.04 lakh crore worth of loans sanctioned under the Pradhan Mantri Mudra Yojana (PMMY) has turned into bad loans.
It’s very unfortunate – one can easily understand why the GOVERNMENT ANNOUNCING ALL THE GOOD SCHEMES ARE not bears the fruit for the poor
Therefore, I request to do the needful by clearing the hurdle faced by the genuine candidates, only by then Aathma Nirbhar Possible ……otherwise country has to depend the import goods.