Sunday, December 17, 2017

#PositiveIndia Bulletin Board

#PositiveIndia: Share 5 Positive Moments from the year 2017 with PM Narendra Modi

In his Mann Ki Baat address on 26th November 2017, PM Narendra Modi said, “At the end of every year we recall events of the year gone by. Let us begin 2018 with a message of positivity. I urge you to compile about 5 positive things from this year & share with me. With #PositiveIndia, share your positive moments from 2017. This will inspire others”

Together, let us bring in the new year 2018 by spreading the message of positivity, gratitude and happiness. Share 5 positive experiences from the year 2017 in the form of short stories, videos or photos, which will inspire other fellow-citizens! Let us welcome the new year with #PositiveIndia!

The last date of submission is 25th December, 2017.

Prime Minister's Appeal

Share #PositiveIndia News Create a #PositiveIndia  Wave

Inspire other fellow-citizens!


Narendra Modi 14 December 2017

#PositiveIndia - 5 Successes in 2017 - Shared by K.V.S.S. Narayana Rao  to PMO

1. #PositiveIndia: Employment Potential of Mudra Finance - Employment to 2 Crore Persons per Annum - Presentation of Prof K.V.S.S.  Narayana Rao, NITIE in a research conference on employment

I am optimistic of India's future. I became an optimist when I first came to know of Modiji's dream target of #20 Trillion India GDP. India's unemployment problem can be solved through the Mudra Finance Scheme being implemented by Government of India very successfully by meeting the credit targets.


Narayana Rao  15 December 2017

2. #PositiveIndia -  Global level intellectual contribution from India - Taylor-Narayana Rao - Principles of Industrial Engineering  Video presentation


3. #PositiveIndia - Blog Industrial Engineering Knowledge Center appears in Top 10 Entries in Google and Bing searches for Industrial Engineering Blog

4. #PositiveIndia - Functions of Industrial Engineering proposed on 25 July 2017

5. #PositiveIndia - 300 Likes in Industrial Engineering Linked Communities for November - Industrial Engineering Knowledge Revision Plan - Support for Industrial Engineering Focus Areas


#PositiveIndia Successes Identified by Me

#PositiveIndia  IoT Enabled Water Heater from V-Guard 


 #PositiveIndia        Successes Reported  in Social Media  

On YouTube

16 December 2017

#PositiveIndia: सरकारी प्रयास अब सामाजिक अभियान बन गए



DD News

On Twitter

To be reported on the link

18 December 2017
 #PositiveIndia .. many more to come ..Training Over, India's First 3 Women Fighter Pilots Fly MiGs And Hawks - NDTV

15 December 2017

I am from village of Bihar till last year there was electricity not more than 4-5 hrs but under
DinDyal Gram Jyoti Yojna villagers getting 24 hrs electricity
Another #PositiveIndia moment my village is connecting to nearest city with PCC road under Pradhanamntri Gram Sadak Yojna

On site

17 December 2017

My experience of #positive India.

My story is "Social Media- A new Sankat Mochan".Hope you all will like & get clue out of it in case of such occasion to get or offer help.

Reunion of missing man with help of @railminindia tweeter handle.



15 December 2017

Rajul Pandya

Poor benefiting from Jandhan Yojna, Ujjwala Yojna and Swachch Abhiyan
Youth generating employment from Mudra Yojana
Yoga accepted by world
Decrease rate of medicine Improved health policy.
Women Empowerment
Digital,Skill, Start-up India

Updated on 18 December 2017, 16 December 2017

Saturday, December 16, 2017

Small Scale - Microsector Units/Firms in India - Project Reports - Business Plans


Accupressure and Accupuncture Clinic

India - Microsector Self Employment Opportunities - Mudra Finance

Entrepreneur Way

Big List - SIDBI Small Business Ideas

SIDBI Small Business Ideas

Accupressure and Accupuncture Clinics

3D entertainment

This is a new form of entertainment in India which provides an experience of virtual reality. Hence 3D, 4D and 5D theatres which provide new experience to the viewers are rapidly growing in India. And this experience is unique since it is multisensory.

'How To ........' Videos

The organization creates 'how to ......' videos for a large number of tasks. The profit is made from the advertisements on the website.

SIDBI Project Profile Database


Absolute Filters for Biological and Air-Conditioning Applications  - Absorbent Cotton (Surgical Cotton) - Acid Slurry by Manual Process - Acrylic Paint - Activated Carbon & Sodium Silicate from Paddy & Rice Husk - Activated Carbon from Cashew Nut Shell - Activated Carbon Powder & Granule from Coconut Shell   - Adjustable Hospital Beds - Agarbatti Sticks - Agarbatti Synthetic Perfumery Compounds -Agricultural Implements - Air Brake Helical Coil -Air Compressors up to 5 HP -  Air Conditioning Ducting - Air Conditioning Repair Shops - Aluminium Alloy Wheels/Rims -Aluminium Alloys from Aluminium Scrap To Make Utensils (Induction Furnace Melted) - Aluminium Bottle Manufacturing (Gold Extrusion of Aluminium) - Aluminium Cans for Beer Packaging -  Aluminium Caps for Injection Vials - Aluminium Extrusion Plant - Aluminium Furniture -  Aluminium Hydroxide Gel (Used as Antacid in Ulcers and hyper-acidity) - Aluminium Sheet Rolling Mill - Aluminium Utensils - Animal Driven Implements - Animal Driven Vehicles - Anodised Aluminium Utensils - Anodizing of Aluminium - Antimony Oxide from Lead Scrap - Anvil (Steel Blocks Used in Forging shops) - ARC Welding Filter Glass - Arms & Blades for Wind Shield Wiper(Automobiles) - Auto Brakes System - Auto Electrical Wire Harness - Auto Flaps for Trucks & Buses - Auto Leaf Springs -  Auto Tubes (All Range of Tubes) - Automobile Body Building (Trucks) - Automobile Gears - Automobile Piston Rings - Automobile Radiator Cores - Automobile Silencers


Dairy Equipment - Decoiler and Sheet Shearing Plant -  Decorticated Coir - Detergent Power/Cake - Diagonal Scale, protractor, Flat Rules & Triangular Scales - Diesel Engine (Slow Speed) up to 15 HP -  Diesel Engine Pump Tester -  Disc Harrows (Used for Preparation of Seed Beds in Farming) -  Dividers (Drawing Instrument) - Dog Plates (Accessory for Lathes) - Domestic Pressure Cookers -  Domestic Utensils (Aluminium) - Domestic Utensils (Copper) - Domestic Utensils (Iron) - Door Locks - Doors, Windows and Ventilators (Metallic) - Drafting Machine - Drawing Boards - Drawing Instruments ( Engineering) - Drill Bits and Tool Bits - Drilling Machine 12 MM (Bench and Pedestal Type) - Drum Closures - Dumpy Levels and Sextants (Survey Instruments) - Duplicating Machines -  Dust Bin


Fabrication of Heat Exchanger - Fabrication of Storage Tanks and M.S. Drum -  Feeler Gauges (Measuring Instruments) - Fender Spoons and Hammers (Fender Kit for Removing Dents in Automobiles) - Ferrous Alloy NI-Hard IV Castings -  Ferrous Mn Alloy Casting by Alumina Thermic Process -  Fibre Brushes (For Cleaning Domestic & Industrial Floorings) -  File Mechanism (To Hold Loose Sheets in Office Files) -  Filter for Diesel Locomotive -  Fire Extinguishers -  Flaring Tools to Flare Pipe Ends - Flexible Metallic Pipes up to 35 MM Dia for Non-Pressure Application - Flip-Top Cans -  Forged Connecting Rod -  Forging Unit -  Fork (Agricultural Implement) -  Foundry Sand -
Four Jaw Chucks (Spare parts for Lathes) - Frame Collars - Cycle (Cycle Frame Cup) -  French Corners & Set Square (For Drawing Office Use) -  Front Fork ( Cycle) -  Fuel Injection System -
Fuel Lines (Auto -For Petrol and Diesel Engines) -  Fuel Tank Caps for Automobiles


  Gel Pen Inc  -


  Ice Cream - Ice Cream ChurnerIce Cream Cones - Insecticides Dusters (Manual) - Insecticides Sprayers (Manual) - Investment Casting - Iron & Steel Wire Gauge - Iron and Steel Cots - All Types Made of Mild Steel Conduit Pipes - Iron Ore Pellets

  Paper Cup - Paper Napkin -


  Silica Gel -


Vacuum Cleaners - Vacuum Flask (Stainless Steel) -  Valve Lifters and Ring Expander (For Auto Repair Shops) -  Valve Replacing and Resetting Tools -  Valves for Refrigeration and Air-onditioning
- Vehicle Welding & Painting - Venetian Blind - Vinegar -


Wall Clocks - Watch Dials -  Watch Straps (Metallic) - Water Coolers -  Water Level Controller (Automatic) - Water Meter - Water Repellent Cement Paint - Weighing Machine/Weigh Bridges - Welded Wire Mesh (For Cement Concrete Work in Buildings, roads, Bridges, Dams) - Wheat and Paddy Threshers up to 5 HP - Wheel Barrows (For Carrying Construction Materials for Short Distances) - Wheel Chairs for Invalids -  Wick Stoves -  Wind Mill -  Window Channels   (For Automobiles) -  Window Frame (Ferrous & Non-Ferrous) - Winnower up to 5 HP (Agricultural Machinery) - Wire Adjusting Screws (Stay Rods for Telephone, Telegraph, Electric Poles) -Wire Brushes (For Use By Goldsmiths, Welders, Electricals, etc.) -  Wire Gauges, Wire Netting -Metallic (Thicker Than 100 Mesh Size) - Wire Nails (For Domestic and Industrial Use) - Wood Screws (For Wooden Furniture, Packaging, Railway Carriages) - Wood Working Circular Saws - Wrenches (Pipe Wrenches) - Wrist Watch


Zinc Wire Drawing -  Zip Fasteners (Metallic)

A Brief List of Industrial Projects, which NSIC can setup on turnkey basis


Capacity: 100 /50 tons (on 3 shifts basis); Manpower: 75; Area: 5000 Sq. Mtr.
Capacity: 1 Ton; Manpower: 7; Area: 300 Sq. Mtr.
Capacity: 2 Ton/Shift; Manpower: 7; Area: 300 Sq. Mtr.
Capacity: 10000 Ton/Annum; Manpower: 50; Area: 6000 Sq. Mtr.
Capacity: 2 Tons/Day; Manpower: 8; Area: 500 Sq. Mtr.
Capacity: 500 Kg/Batch; Manpower: 14; Area: 1000 Sq. Mtr.
Capacity: 500 Kg/Batch; Manpower: 14; Area: 1000 Sq. Mtr.
Capacity: 2 Tons/Day; Manpower: 20; Area: 800 Sq. Mtr.
Capacity: 100 Kg/Day; Manpower: 8; Area: 550 Sq. Mtr.
Capacity: 2 Tons/Day; Manpower: 8; Area: 500 Sq. Mtr.
Capacity: 4000 Candles/Shift; Manpower: 1; Area: 200 Sq. Mtr.

Capacity: 5 Tons / Shift; Manpower @ 22; Area: 1000 Sq. Mtrs.
Capacity: 20 Tons/Day; Manpower: 19: Area: 1200 Sq. Mtrs.
Daily Capacity -. 100000; Manpower: 6; Area. : 850 Sq. Mtrs.
Capacity: 2 Tons/ Shift; Manpower: 12; Area: 500 Sq. Mtrs.
Capacity: 300 Kgs./Hours; Manpower: 9; Area 1000 Sq. Mtrs.
Capacity: 500 Kgs./ Shift; Manpower: 9; Area: 1,000 Sq. Mtrs.
Crushing Capacity: 500 Kg. / hr; Output: 300 Kgs/hr. Manpower: 22; Area: 800 Sq. Mt
Daily Capacity: 2 Tons; Manpower: 22; Area: 1000 Sq. Mtrs.
Capacity: 10 Tons / Day; Manpower: 12; Area: 3000 Sq. Mtrs.
Capacity: 3 Tons / Day; Manpower: 5; Area: 500 Sq. Mtrs
Crushing Capacity: 12 Ton / Day; Manpower: 15; Area: 3000 Sq. Mtrs
Capacity: 5 Tons / Shift; Manpower: 12; Area 1200 Sq. Mtrs.
Daily Capacity: 1 Ton; Manpower: 30; Area: 1,000 Sq. Mtrs.
Capacity: 400 Tray / Hour @ Manpower: 8; Area : 500 Sq. Mtrs.
Capacity: 900Tons/Annum (Herbs); Manpower: 15, Area: 3000 Sq. Mtrs.
Capacity: 30 Tons in 24 Hrs; Manpower: 12; Area: 1500Sq. Mtrs.
Capacity: 750 Kgs. / Hrs; Manpower: 6; Area: 1000 Sq. Mtrs.
Crushing Capacity: 12 Tones /Day; Manpower: 9; Area: 1200 Sq. Mtrs
Capacity: 1000 Kgs./ Shift; Manpower: 5; Area: 500 Sq. Mtrs
Capacity: 10000 pieces; Manpower: 5; Area: 500 Sq. Mtrs
Capacity: 50OKg/hr; Manpower 25; Area 850 Sq. Mtrs.
Capacity: 300 Ltr./Hr; Manpower: 3; Area: 500 Sq. Mtrs.
Crushing Capacity: 100 Tons/day; Manpower 35; Area 2,000 Sq. Mtrs
Crushing Capacity: 3 Tons/Day; Manpower 5; Area 1200 Sq. Mtrs.
Capacity: 500Kg/hr; Manpower: 25; Area: 1200 Sq. Mtrs.

Daily Capacity: 300 Pieces; Manpower: 20; Area: 500 Sq. Mtrs.
Daily Capacity: 300 Pieces; Manpower 35; Area: 800 Sq. Mtrs.
Daily Capacity: 500 Pieces; Manpower 5; Area: 500 Sq. Mtrs.
Daily Capacity: 100 Pieces; Manpower: 30; Area: 600 Sq Mtrs.
Daily Capacity 300 Pairs; Manpower: 50; Area: 200 Sq. Mtrs.
Daily Capacity: 100 Pairs; Manpower: 15; Area: 100 Sq. Mtrs.
Daily Capacity: 190 Pieces; Manpower: 15; Area: 100 Sq. Mtrs.
Daily Capacity: 2000 Pieces; Manpower: 12; Area: 400 Sq. Mtrs.
Daily Capacity: 200 Hides; Manpower: 25; Area: 2000 Sq. Mtrs.

Capacity: 20,000 Pieces; Manpower: 7; Area: 1000 Sq. Mtrs.
Capacity: 1 Ton/Day; Manpower: 4; Area: 1000 Sq. Mtrs.
Daily Capacity: 62000 Bolts & 10000 Nuts; Manpower: 17; Area : 800 Sq. Mtrs.
Daily Capacity: Depends upon type of work undertaken; Manpower: 1 0; Area: 800 Sq. Mtrs.
Capacity: 18 to 25 Kgs/shift; Manpower: 6; Area: 400 Sq. Mtrs.
Capacity: 250 Feet/Hour; Manpower: 2; Area: 400 Sq. Mtrs.
Capacity: 120/Min; Manpower: 2; Area: 500 Sq. Mtrs.
Capacity: 3500 PMT/Min; Manpower: 2; Area: 100 Sq. Mtrs.
Daily Capacity: 3 Ton@; Manpower: 18; Area: 1000 Sq. Mtrs.
Daily Capacity: 5 M.T; Manpower: 16; Area: 2000 Sq. Mtrs.
Capacity: 1 000 Kgs/Day; Manpower: 4; Area: 500 Sq. Mtrs.
Capacity: 350 TO 450 Sq. Mtrs./DAY; Manpower: 7; Area 800 Sq. Mtrs.

Daily Capacity: 1000 Nos. (Various sizes); Manpower 7; Area: 1500 Sq. Mtrs.
Capacity: 1000 Box (Various sizes); Manpower: 7; Area: 1500 Sq. Mtrs.
Capacity: 3 Ton/Shift; Manpower: 18; Area: 1200 Sq. Mtrs.
Daily Capacity: 3500 Nos.; Manpower: 16; Area: 300 Sq. Mtrs.
Daily Capacity: 600000 Nos. (64 Pages each); Manpower: 8; Area: 500 Sq. Mtrs.
Capacity: Max. 7000 Bags/Hour; Manpower: 3; Area: 400 Sq. Mtrs.
Capacity: 2500 Rolls (Various sizes); Manpower: 18; Area: 2000 Sq. Mtrs.

Capacity: 3 TO 8 Kg/Hr.; Manpower: 3; Area: 400 Sq. Mtrs.
Daily Capacity: 1 Ton; Manpower: 8 Area: 300 Sq. Mtrs.
Daily Capacity: 265 Kgs.; Manpower: 22; Area: 500 Sq. Mtrs
Daily Capacity: 1 Tons; Manpower: 35; Area: 1500 Sq. Mtrs.
Capacity: ½ to 20 Ltrs.; Manpower: 3 to 10; Area: 500 Sq. Mtrs.
Capacity: 100 Kgs /Shift; Manpower: 7;. Area: 9000 Sq. Mtrs.
Capacity: 30 Kgs. /Hour; Manpower: 7; Area: 400 Sq. Mtrs.

Capacity: 2000 Tyres/Day; Manpower: 36; Area: 2500 Sq. Mtrs.
Daily Capacity: 180 Kgs.; Manpower: 10; Area: 800 Sq. Mtrs.
Daily Capacity: I Tons; Manpower: 25; Area: 800 Sq. Mtrs.

Capacity: 160 Dozens /24 Hrs.; Manpower: 5; Area 500 Sq. Mtrs.

Capacity: 10 Ton/ Day Manpower 20; Area 1000 Sq. Mtrs.
Capacity: 5000 Chalk/Shift Manpower: 1; Area 100 Sq. Mtrs.
Capacity: 3000 No./Day; Manpower: 15; Area: 500 Sq. Mtrs.
Daily Capacity: 200 Coils (100 Mtrs. each.); Manpower: 104, Area: 1500 Sq Mtrs.
Daily Capacity: 400 Gross; Manpower: 15; Area: 1,000 Sq. Mtrs.
Capacity: 20000 /Hour; Manpower 13; Area: 350 Sq. Mtrs.
POUCH PACKING (Powder/Granules/Liquid)
Capacity: Upto 1000 Grams; Manpower: 2 to 5; Area: 100 Sq. Mtrs.
NSIC invites enquiries from buyers worldwide with specifications and details. NSIC would make available the projects on turnkey basis at competitive prices.

Contact Details

The National Small Industries Corporation Ltd.
(A Government of India Enterprise)
NSIC Bhawan, Okhla Industrial Estate, New Delhi - 110020 (India)
Tel : ++91-11-26927232, 26926275
Fax : ++91-11-26926513, 26920907  - Project Reports and Profiles
(More project plans are there in the report)

Updated  17 December 2017,  18 October 2017, 20 August 2016

Thursday, December 14, 2017

India - MUDRA - Finance for Micro Units

Mudra loan scheme is a success in meeting its targets of credit delivery. The performance of the units and recovery of loans is to be watched.

                                               14 September 2017

#PositiveIndia: Employment Potential of Mudra Finance - Employment to 2 Crore Persons per Annum -

Presentation of Prof K.V.S.S. Narayana Rao, NITIE in a research conference on employment


July 2017/ September 2017

Target for 2017 - 2018

The Union Budget has announced a target of Rs. 2.44 lakh crore for Mudra Loans during 2017-18.

My Suggestion for 2018 - 19 is target of Rs. 3.55 lakh crore with two sub category targets.

1. New units -  Rs. 1 lakh crore for 1 crore persons.
2. Units promising additional employment to one person - Rs. 1 lakh crores for 1 crore units giving 1 crore persons wage employment.
3. Remaining Rs. 1.5 lakh crores under the old scheme.

MUDRA Loan scheme - Achivement during 2016 - 17

Loans extended under the Pradhan Mantri Mudra Yojana (PMMY) during 2016-17 have crossed the target of Rs. 1,80,000 crore for 2016-17.

Information available on sanctions currently stand at Rs. 1,80,087 crore with final data still awaited from some of the smaller non-banking lenders. Of this amount, Rs. 1,23,000 crore was lent by banks while non-banking institutions lent about Rs. 57,000 crore.

The number of borrowers this year were over 4 crore, of which over 70% were women borrowers. About 20% of the borrowers were from the Scheduled Caste Category, 5% from the Scheduled Tribe Category, while Other Backward Classes accounted for almost 35% of the borrowers.

The Union Budget has announced a target of Rs. 2.44 lakh crore for Mudra Loans during 2017-18.

18 July 2017

Details of Mudra Loans sactioned in each district of Andhra Pradesh in 2016 -17

Counterview on Mudra

2 Feb 2017

Sep 2016
MUDRA lends over Rs 42,000 crore in 5 months.
Pickup expected in  H2

Planned disbursement for 2016 - 17: Rs 1.8 lakh crore
Disbursement targets for various categories of banks

Public sector banks: Rs 77,700 crore
Private and foreign banks:  Rs 21,000 crore
Regional rural banks: Rs 15,000 crore
MFIs: Rs 64,240

Canara Bank First Quarter April to June 2016

Credit to Micro, Small and Medium Enterprises (MSMEs) recorded a y.o.y growth of 8.53%
to 67074 crore.
 Credit to M&SE segments reached 50997 crore, with a growth of 7.58% y-o-y. The number
of Micro Enterprises Accounts recorded a growth of 22.02%.

Pradhan Mantri Mudra Yojana (PMMY)

 Under Mudra Yojana, the Bank disbursed 888 crore, covering 78016 accounts in the first quarter. 

Dena Bank  First Quarter April to June 2016

MSME Advances improved by 2.09% on Y-O-Y basis and stood Rs. 13,945 cr as of June 2016.

Micro Units Credit Target set by Central Govt. under PMMY for 2016 - 17

Target for FY 2016-17
Government of India has set a target of ` 1,80,000 crore for FY 2016-17 to SBI & Associates, Public Sector Banks, Private Sector Banks, Foreign Banks, Regional Rural Banks, NBFC-MFIs and Non-NBFC MFIs as per the details given below:
Sr. No.     Type of the institution                  Target Amount
                                                                       in ` crore
1         Public Sector Banks                               77,700
2         Private Sector Banks & Foreign Banks 21,000
3         Regional Rural Banks                            15,000
4         NBFC – MFIs                                        64,240
5         Non – NBFC MFIs                                   2,060
           Total                                                     1,80,000

Performance of  Mudra (SIDBI) Bank for the year 2015-2016

Micro Units Development & Refinance Agency Limited (MUDRA) and Pradhan Mantri MUDRA Yojana (PMMY) were launched on 08 April 2015 by the Hon’ble Prime Minister, Shri Narendra Modi. The guidelines of PMMY issued by Department of Financial Services (DFS), GOI indicated that all banks are required to lend to micro enterprises engaged in manufacturing, processing, trading and service sector activities, for a loan upto ` 10 lakh. Further, it was also advised that the loan may be given in three categories, i.e. Loan upto ` 50,000 under Shishu; ` 50,000 to ` 5 lakh under Kishor;
and ` 5 lakh to ` 10 lakh under Tarun. Also, it was envisaged that more focus will have to be given for the Shishu category. A target of ` 1,22,188 crore was set for F.Y. 2015-16.

 MUDRA was asked to the progress of PMMY.

In order to give a boost to the lending under PMMY, especially for Shishu category loans, a credit campaign was carried out from 1st September 2015 to 2nd October 2015. The campaign culminated in mega credit camps in different locations in the country from 25th September 2015 to 02nd October 2015.

Review of performance of PMMY during 2015-16

The data collected through portal has been analyzed and some of the salient features are as under:

1. Overall Achievement vis a vis target
The overall performance of the Yojana indicates that the target has been achieved during the year. As against the target of ` 122188 crore, the Banks and MFIs together have disbursed ` 132954.73 crore, thereby achieving 109%. The achievements by Public Sector Banks indicate a substantial credit growth in this segment. Based on the data collected from the PSBs, it was seen that the disbursement by these banks in this segment was around ` 33,000 crore during the 2014-15 which has recorded
a growth of 70% during 2015-16. The other lending institutions have also achieved high credit growth in this segment due to the initiative of Pradhan Mantri MUDRA Yojana.

Performance – Banks and MFIs Together (No. of accounts)
Category    Total

Shishu  3,24,01,046
Kishor     20,69,461
Tarun        4,10,417

Total    3,48,80,924

Performance – Banks & MFIs (Amount Disbursed)
         Amt in ` Cr
Category  Total

Shishu  62027.69
Kishor  41073.28
Tarun   29853.76

Total  132954.7

Average Amount
Disbursed/ Account Rs. 38,000

Financing for New entrepreneurs
MUDRA loan is meant for ‘funding the unfunded’. It is available for both new units and expansion of existing units. The data of new entrepreneurs supported under PMMY, indicate that out of 3.49 crore accounts financed during the year, 1.25 crore accounts were for new entrepreneurs, which work out to 36%.

Target for FY 2016-17
Government of India has set a target of ` 1,80,000 crore for FY 2016-17 to SBI & Associates, Public Sector Banks, Private Sector Banks, Foreign Banks, Regional Rural Banks, NBFC-MFIs and Non-NBFC MFIs as per the details given below:
Sr. No.     Type of the institution                  Target Amount
                                                                       in ` crore
1         Public Sector Banks                               77,700
2         Private Sector Banks & Foreign Banks 21,000
3         Regional Rural Banks                            15,000
4         NBFC – MFIs                                        64,240
5         Non – NBFC MFIs                                   2,060
           Total                                                     1,80,000

From the information given in this report, we can say that institutional finance reached a larger percentage of msmes now. 7,01,74,668 msmes exist now (new small and medium enterprises are not included). 3,48,80,924 msmes got finance under Mudra scheme. Thus almost 50% were covered by institutional finance now. When Mudra scheme was announced it was said that only 4% received institutional finance.



MUDRA Mission

"To create an inclusive, sustainable and value based entrepreneurial culture, in collaboration with our partner institutions in achieving economic success and financial security."

MUDRA Vision

"To be an integrated financial and support services provider par excellence benchmarked with global best practices and standards for the bottom of the pyramid universe for their comprehensive economic and social development."

Renaming of MUDRA Bank 

The Union Cabinet has approved the conversion of MUDRA Ltd into MUDRA (SIDBI) Bank as, a wholly owned subsidiary of SIDBI to carry out the following functions:

i) Refinance operations,

ii) Support services with focus on portal management, data analysis etc,

iii) Any activity entrusted/advised by Government of India

MUDRA Ltd, has been functional since April 8, 2015. It has written to Reserve Bank of India for conveying concurrence for the conversion of the Company to MUDRA (SIDBI) Bank Ltd.

This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.

25 Jan 2016
Modi Sarkar’s Mudra Bank Appears To Be Doing Well. Here’s How It Is Helping Small Businesses.

06-January-2016 14:28 IST
Cabinet approves creation of a Credit Guarantee Fund for MUDRA loans – A boost to refinance operations

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has given its approval for the creation of a Credit Guarantee Fund for Micro  Units  Development  Refinance  Agency  (MUDRA)  loans and to convert MUDRA Ltd. into MUDRA Small  Industries  Development  Bank  of  India (SIDBI)  Bank as a wholly owned subsidiary of SIDBI.

The Fund is expected to guarantee more than Rs 1,00,000 crore worth of loans to micro and small units in the first instance.

The salient features of the scheme are as follows:

(i)                 Establishment of Credit  Guarantee  Fund  for MUDRA Units(CGFMU) for  guaranteeing  loans  sanctioned  under Pradhan Mantri Mudra Yojana with effect from 8th April, 2015 with  the  objective  to  reduce  the  credit  risk  to  Banks  /  NBFCs  /  MFIs  /  other  financial  intermediaries,  who  are  Member Lending Institutions (MLIs).
(ii)               The National Credit Guarantee Trustee Company Ltd. (NCGTC Ltd.),  a  wholly-owned  company  of  Government  of  India,  constituted  under  the  Companies  Act,  1956  (2013)  to  manage  and  operate  various  credit  guarantee  funds,  shall  be  the  Trustee  of  the  Fund.
(iii)             The  guarantee  would  be  provided  on  portfolio  basis  to  a  maximum  extent of  50%  of  Amount  in  Default  in  the  portfolio.

The MUDRA (SIDBI) Bank will undertake refinance operations and provide support services with focus on portal management; data analysis etc. apart from any other activity entrusted/ advised by Government of India.


            MUDRA  Bank and  a Credit  Guarantee  Fund was proposed to be set up with  a refinance corpus of Rs. 20,000  crore and a corpus of Rs.3,000  crore respectively as per the Budget  Speech for 2015-16.  As a  precursor  to  the  launch  of  the  Pradhan  Mantri  MUDRA  Yojana  (PMMY) in April, 2015, MUDRA Ltd.  was set up as a corporate subsidiary  of SIDBI  in March, 2015. The RBI has allocated Rs 20,000 crore and the first tranche’ of Rs 5000 crore has been received by MUDRA as refinance.

8 April 2015

PM launched Pradhan Mantri MUDRA Yojana

PM: The biggest capital of the poor is their integrity

PM: Combination of integrity with MUDRA – capital - will be the key to success for small entrepreneurs. पूंजी सफलता की कुंजी

The Prime Minister, Shri Narendra Modi, today said that supporting the small entrepreneurs of India is the biggest way to help the Indian economy grow and prosper. He was speaking at the launch of the Pradhan Mantri MUDRA (Micro Units Development and Refinance Agency) Yojana in New Delhi. Stressing the contribution of small entrepreneurs in the economy, the Prime Minister expressed confidence that within a year’s time, the major banks would also adopt the MUDRA model.

The Prime Minister said that in our country, one often experiences that things revolve around mere perceptions, while the details often paint a different picture. Giving the example of the perception that large industries create more employment, he said that a look at the details reveals the reality that only 1 crore 25 lakh people find employment in large industries, whereas small enterprises employ 12 crore people in the country.

The Prime Minister said that while there are a number of facilities provided for the large industries in India, there is a need to focus on these 5 crore 75 lakh self-employed people who use funds of Rs 11 lakh crore, with an average per unit debt of merely Rs 17,000 to employ 12 crore Indians. He said that these facts, when brought to light, led to the vision for MUDRA Bank.

The Prime Minister spoke about his time as the Chief Minister of Gujarat, when he focused on the environment-friendly cottage industry of kite making, which employs lakhs of poor Muslims. He said that he brought a research institute from Chennai on board which discovered that small inputs of skill development were needed in the industry. He said that he felt proud that these small efforts helped the kite-making industry grow from Rs. 35 crore to 500 crores in Gujarat.

The Prime Minister also gave examples of other small businesses that, with a little help, have the potential to grow manifold. He said that the biggest asset of the poor is his / her integrity (imaan). By combining their integrity with capital (MUDRA), it would become the key to their success - पूंजी सफलता की कुंजी. Speaking about women’s self help groups in particular, the Prime Minister said that the kind of honesty and integrity showed by these loan takers is seldom seen in any other sector.

The Prime Minister appreciated the efforts made by the banking sector of India in making Jan Dhan Yojana a success. He said that he envisioned that within a year, banks would queue up to give loans to MUDRA applicants. The Prime Minister also congratulated SIDBI on the silver jubilee of its inception, and appreciated the work done by it in supporting India’s small scale industry in these 25 years.

The Prime Minister said that MUDRA scheme is aimed at “funding the unfunded”. He said that the small entrepreneurs of India are used to exploitation at the hands of money lenders so far, but MUDRA will instil a new confidence in them that the country is ready to support them in their efforts that are contributing so heavily to the task of nation building.

The Prime Minister also spoke about the possibilities of value addition in agriculture. He said that, we must aim at creating a whole network of farmers engaged in value addition at the community level. Brand building, advertising, marketing and financial support, when given to such small entrepreneurs will strengthen the foundation of the Indian economy, he said.

The Prime Minister said that this will not entail any big changes in the existing structures, just a little empathy, a little understanding and a little initiative. He urged the banks to study successful models of microfinance, tailored to the local requirements and cultural contexts, which will be enable us to help the poorest of the poor in a big way.

The Prime Minister said that mere launching of new schemes in not progress. Real success lies in real change on the ground, as was seen in the Jan Dhan Yojana and PAHAL, which had delivered concrete results within limited timeframes, he added. He said that the established financial systems will soon move to the MUDRA-model of functioning, i.e. to support entrepreneurs that give employment to a large number of people using least amount of funds.

The Union Minister of Finance, Shri Arun Jaitley, the Union Minister of State for Finance, Shri Jayant Sinha, and the Governor of Reserve Bank of India, Shri Raghuram Rajan, were present on the occasion.
8 April 2015

Mudra Bank was announced in the budget speech by Finance Minister Arun Jaitley.

The Union Finance Minister in his Budget Speech for 2015-16 announced formation of MUDRA Bank. He said “Madam Speaker, our government firmly believes that development has to generate inclusive growth. While large corporate and business entities have a role to play, this has to be complemented by informal sector enterprises which generate maximum employment. There are some 5.77 crore small business units, mostly individual proprietorship, which run small manufacturing, trading or service businesses. 62% of these are owned by SC/ST/OBC. These bottom of the pyramid, hard-working entrepreneurs find it difficult, if not impossible, to access formal systems of credit. I, therefore, propose to create a Micro Units Development Refinance Agency (MUDRA) Bank, with a corpus of `20,000 crore, and credit guarantee corpus of `3,000 crore. MUDRA Bank will refinance Micro-Finance Institutions through a Pradhan Mantri Mudra Yojana. In lending, priority will be given to SC/ST enterprises. These measures will greatly increase the confidence of young, educated or skilled workers who would now be able to aspire to become first generation entrepreneurs; existing small businesses, too, will be able to expand their activities. Just as we are banking the un-banked, we are also funding the un-funded.”

1 March 2015

Press Information Bureau
Government of India
Ministry of Finance
01-March-2015 20:17 IST

Micro Units Development and Refinance Agency (Mudra) Bank 

According to the NSSO survey of 2013, there are 5.77 crore small business units, mostly individual proprietorships, which run small manufacturing, trading or services activities. Most of these ‘own account enterprises’ are owned by people belonging to Scheduled Caste, Scheduled Tribe or Other Backward Classes. Only 4% of such units get institutional finance. Providing access to institutional finance to such micro/small business units would turn them into strong instrument of GDP growth and also employment.

Micro Finance is an economic development tool whose objective is to assist the poor to work their way out of poverty. It covers a range of services which include, in addition to the provision of credit, many other services such as savings, insurance, money transfers, counseling etc. The players in the Micro Finance sector can be qualified as falling into 3 main groups:- the SHG-Bank linkage model started by NABARD, the Non Banking Finance companies and the others including Trusts, Societies etc.

The government proposes to set up a Micro Units Development and Refinance Agency (MUDRA) Bank through a statutory enactment. This Bank would be responsible for regulating and refinancing all Micro-finance Institutions (MFI) which are in the business of lending to micro/small business entities engaged in manufacturing, trading and services activities. The Bank would partner with state level/regional level co-ordinators to provide finance to Last Mile Financer of small/micro business enterprises.

The MUDRA Bank would primarily be responsible for –

1)    Laying down policy guidelines for micro/small enterprise financing business

2)    Registration of MFI entities

3)    Regulation of MFI entities

4)    Accreditation /rating of MFI entities

5)    Laying down responsible financing practices to ward off indebtedness and ensure proper client protection principles and methods of recovery

6)    Development of standardised set of covenants governing last mile lending to micro/small enterprises

7)    Promoting right technology solutions for the last mile

8)    Formulating and running  a Credit Guarantee scheme for providing guarantees to the loans which are being extended to micro enterprises

9)    Creating  a good architecture of Last Mile Credit Delivery to micro businesses under the scheme of Pradhan Mantri Mudra Yojana

A sum of Rs 20,000 crores would be allocated to the  MUDRA Bank from the money available from shortfalls of Priority Sector Lending for creating a Refinance Fund to provide refinance to the Last Mile Financers. Another Rs 3,000 crore would be provided to the MUDRA Bank from the budget to create a Credit Guarantee corpus for guaranteeing loans being provided to the micro enterprises.

The above measures would not only help in increasing access of finance to the unbanked but also bring down the cost of finance from the last Mile Financers to the micro/small enterprises, most of which are in the informal sector.

11 things you must know about Mudra Bank

Updated 15 December 2017,  14 September 2017,  7 September 2017,  14 August 2017,  22 July 2017,   8 Sep 2016, 18 August 2016,  9 August 2016,  3 Feb 2016,  11 April 2015

Monday, November 27, 2017

The Bhagavad Gita - Summaries of Chapter

I am writing on Vedas. I am also trying to create lessons to learn Sanskrit. Within this context, reading the Bhagavad Gita is appropriate. I started reading Gita today and I am starting this knol to record my understanding of each chapter. The initial versions is that of  Sri A.C. Bhaktivedanta Swami Prabhupada. It is appropriate that I use his english version, as I am using the telugu detailed version of Swamiji for my reading now. The material will keep changing as I add my interpretation. I plan to write detailed summary of every chapter in due course of time.
Lord Krishna is the avatar (incarnation) of Lord Vishnu. Wherever, Krishna is mentioned, it is to be interpreted as Lord Vishnu. Vedas talk of unity in diversity. There is only one supreme Lord but all of us see many divine beings. We cannot see all of them at once. There is a difference in their messages.  The spiritual quest is to see that one great person through this diversity around us.
Chapter One:  Arjuna's Reactions on the Battle field.

In the battle field, at the start of the battle of the first day, Arjuna sees his intimate relatives, teachers and friends in both armies ready to fight and sacrifice their lives. he is overcome by grief and pity, his mind becomes bewildered, and he gives up his determination to fight and tells Krishna that he is not interested in fighting.
 Videos of Jyotirveda2

Chapter 1 - Part 1 - Gita - Sanskrit - Moolam


Chapter 2


Chapter Two:  Krishna Starts his Answer
In the first chapter, Arjuna submits to Lord Krishna as His disciple and tells him to show him the way from his predicament.  Krishna begins His teachings to Arjuna by explaining the fundamental distinction between the temporary material body and the eternal spiritual soul. The Lord explains the process of eternal soul leaving and entering physical bodies. He also talks of duties of a person on the earth. He tells Arjuna that action has to be done, but the result may not come as expected. A man must not blame himself for the lack of result, if the effort was done properly. A person who understand this will keep on serving the world and through this Lord of this world. This is the nature of selfless service to the Supreme and it is the characteristic of a self-realized person. A person ever-ready to serve the society but does not feel dejected when things do not go expected.

Chapter Three:  Karma-yoga.

Everyone must engage in some sort of activity in this material world. No body can sit idle in world. The basic nature of a human will not allow him to sit idle.
 But actions can either bind one to this world or liberate one from it.
At some stage in life, a person has to go beyond the desires of his sense organs and be ready to leave this world peacefully. Once a person attains this state, he is liberated. By acting for the pleasure of the Supreme, without selfish motives, one can be liberated from the law of karma (action and reaction) and attain transcendental knowledge of the self and the Supreme. The pleasure of supreme is the pleasure of people of the world. Service to people is service to God.

Chapter Four:  Transcendental knowledge.

Transcendental knowledge - the spiritual knowledge of the soul, of God, and of their relationship - is both purifying and liberating. Such knowledge is the fruit of selfless devotional action (karma-yoga). The Lord explains the remote history of the Gita, the purpose and significance of His periodic descents to the material world, and the necessity of approaching a guru, a realized teacher. Why a guru is required. A guru is a role model. A guru achieved it. He helps the disciple to achieve it.

Chapter Five:  Karma-yoga - Action in Krishna Consciousness.

Outwardly performing all actions but inwardly renouncing their fruits, the wise man, purified by the fire of transcendental knowledge, attains peace, detachment, forbearance, spiritual vision and bliss. INward renouncing of the fruit is equivalent to going beyond desire. The fruits are not any more for him alone. The fruits are for others if the effort succeeds due to the support from Lord.

Chapter Six:  Dhyana-yoga.

Ashtanga-yoga, a mechanical meditative practice, controls the mind and senses and focuses concentration on Paramatma (the Supersoul, the form of the Lord situated in the heart). This practice culminates in samadhi, full consciousness of the Supreme.

Chapter Seven:  Knowledge of the Absolute.

Lord Krishna or Lord Vishnu is the Supreme Truth, the supreme cause and sustaining force of everything, both material and spiritual. Advanced souls surrender unto Him in devotion, whereas impious souls divert their minds to other objects of worship as well as pleasing of sense organs without a limit.

Chapter Eight:  Attaining the Supreme.

By remembering Lord Krishna in devotion throughout one's life, and especially at the time of death, one can attain to His supreme abode, beyond the material world. Remembering at the time of death means accepting the death with happiness. Only a person who has done his required duties can die peacefully.

Chapter Nine:  The most confidential knowledge.

Lord Krishna is the Supreme Godhead and the supreme object of worship. The soul is eternally related to Him through transcendental devotional service (bhakti). By reviving one's pure devotion one returns to Krishna in the spiritual realm.

Chapter Ten:  The Opulence of the Absolute - The Splendor.

All wondrous phenomena showing power, beauty, grandeur or sublimity, either in the material world or in the spiritual, are but partial manifestations of Krishna's divine energies and opulence. As the supreme cause of all causes and the support and essence of everything, Krishna is the supreme object of worship for all beings.

Chapter Eleven:  The Universal Form (Viswa Roopa Darshanam).

Lord Krishna grants Arjuna divine vision and reveals His spectacular unlimited form as the cosmic universe. Thus He conclusively establishes His divinity. Krishna explains that His own all-beautiful humanlike form is the original form of Godhead. One can perceive this form only by pure devotional service.

Chapter Twelve:  Devotional Service (Bhakti-yoga).

Bhakti-yoga, pure devotional service to Lord Krishna, is the highest and most expedient means for attaining pure love for Krishna, which is the highest end of spiritual existence. Those who follow this supreme path develop divine qualities. Bhakti-yoga involves listening to the Lord all the time. Hanuman is the ideal for Bhakti Yoga.

Chapter Thirteen:  Nature, the Enjoyer and Consciousness.

One who understands the difference between the body, the soul and the Supersoul beyond them both attains liberation from this material world.

Chapter Fourteen:  The Three Modes of Material Nature.

All embodied souls are under the control of the three modes, or qualities, of material nature: goodness (Sattva), passion  (Rajas) and ignorance (Tamas). Lord Krishna explains what these modes are, how they act upon us, how one transcends them, and the symptoms of one who has attained the transcendental state.

Chapter Fifteen:  The Yoga of the Supreme Person.

The ultimate purpose of Vedic knowledge is to detach oneself from the entanglement of the material world and to understand Lord Krishna as the Supreme Personality of Godhead. One who understands Krishna's supreme identity surrenders unto Him and engages in His devotional service.

Chapter Sixteen:  The Divine and Demoniac Natures.

Those who possess demoniac qualities and who live whimsically, without following the regulations of scripture, attain lower births and further material bondage. But those who possess divine qualities and live regulated lives, abiding by scriptural authority, gradually attain spiritual perfection. Demons trouble the society by not following its mores and morals.

Chapter Seventeen:  The Divisions of Faith.

There are three types of faith, corresponding to and evolving from the three modes of material nature.  Acts performed by those whose faith is in passion and ignorance yield only impermanent, material results, whereas acts performed in goodness, in accord with scriptural injunctions, purify the heart and lead to pure faith in Lord Krishna and devotion to Him. Such pure people like Sankaracharya, Ramanujacharya etc. are remembered for ages and they stay with the Lord for ages.

Chapter Eighteen:  Conclusion - The Perfection of Renunciation.

Krishna explains the meaning of renunciation and the effects of the modes of nature on human consciousness and activity. He explains Brahman realization, the glories of the Bhagavad-gita, and the ultimate conclusion of the Gita: the highest path of religion is absolute, unconditional loving surrender unto Lord Krishna. This will prevent one from committing any sin, brings one to complete enlightenment, and enables one to return to Lord's eternal spiritual abode.
Source for Swamiji's Summaries

Updated 29 November 2017, Gita Jayanti Day, Margashirsha bahula ekadashi
First started on 25 January 2012

10 Trillion Dollars GDP for India - A Target for 2030 - Many Economists and Business Experts Support It.

November 2017

India has potential to be $10 trillion economy: McKinsey MD Dominic Barton
By Vinod Mahanta, ET Bureau|Updated: Nov 26, 2017,

22 April 2016

India would become $10 Trillion economy by 2032

On 21 April 2016, Niti Aayog CEO Amitabh Kant said India would become a $10 trillion economy by 2032. Kant made the projection assuming that growth would average 10% over the 16-year period. The presentation was made during Civil Services Day function attended by Prime Minister Narendra Modi and large number of civil servants. Mr,. Kant also said, a average growth rate of ten per cent during the next 16 years.

China is the only country that has managed to grow at over 8% consistently over three decades. Its growth rate averaged 10% from 1982 to 2012. Can we do it? Think. would also help in creation of 175 millions jobs by 2032.

28 December 2015
Bloomberg says India will reach 6.6 billion dollars by 2030. See the link below.

31st July

ITC Limited 104th Annual General Meeting - Address by Chairman Y.C. Deveshwar

It is aspiration of ITC to achieve, at the very least, a revenue of Rs.1,00,000 crores from new FMCG Businesses by 2030. The present turnover is Rs. 11,000 crores.

23 July 2015

India Can Be A $10-trillion Economy

16 January 2015

Prime Minister Narendra Modi's $20 Trillion GDP Vision for India

Prime Minister Narendra Modi said  in is his speech:  "Let us Dream 20 Trillion Dollars GDP for India." Yes, He can create the vision for a $20 Trillion GDP India.

Already many experts have come out with $10 Trillion India. Let us achieve this intermediate target first by 2030 and then aim for the next. No rest till we are declared the best.

Yes, India can aim for $10 Trillion - Support from Gary Hamel, Strategy Guru
Vineer Nayar, Former CEO, HCL Technologies supporting the target and bringing leading consultants from the Globe to convince Indian Businessmen to create appropriate visions for their organizations.


ET Now upload

24 November 2014
PWC Report on India - Future of India - Winning Leap
Scenario 3: The Winning Leap includes investment in both human and physical capital as per the previous two scenarios but also focuses on investment in R&D and innovation and envisions a 9.0% CAGR for GDP by 2034. This scenario forecasts the most aggressive growth and is the only scenario which will generate the 240 million new jobs India's growing demography needs. This is supported by a massive transformation in the investment outlook and productivity metrics in India, supported through significant investments (domestic and foreign) and research and development.

Development of R&D Important for $10 Trillion GDP

Business world

Video - NDTV

February 2014
Finance Minister Chidambaram announced that India will be the third largest economy in the world by 2043. Can it be achieved by Modiji much before?
Policies to make India the third largest economy - Shri Chidambaram

National Solar Mission
Objective: to make India a global leader in solar energy and envisages an installed solar generation
capacity of 20,000 MW by 2020, of 1,00,000 MW by 2030 and of 2,00,000 MW by 2050.
Was it already revised by Modi Government?

Updated   2017 - 28 November,  2016 - 22 Apr 2016
Updated  2015 -   15 August, 12 April,  23 Feb 2015

Sunday, November 26, 2017

Bhagavadgita - Explanation - Hindi - English

Being uploaded by Bhaktisongs, Shemaroo

Episode 4


Episode 7


Episode 8


Episode 11


Episode 12


Chapter 1

Shlokas of Chapter 2

Explanation of Saankhyam has Saankhyam in Telugu

Updated on 27 November 2017, 25 June 2014

Mahatma Gandhi - Hindi Essays

राष्‍ट्रपिता महात्‍मा गांधी

मोहनदास करमचन्द गाँधी का जन्म 2 अक्टूबर 1869 को गुजरात  पोरबंदर में हुअ।  पिता राजकोट के दीवान थे। मोहनदास गाँधी मैट्रिक  करने के बाद इंग्लॅण्ड गए और वहां उन्होंने न्यायशास्त्र  अध्ययन किया। गांधी बैरिस्टर बनकर भारत  आए और मुम्बई  में अधिवक्ता के  रूप में काम  करने लगा।

राष्‍ट्रपिता महात्‍मा गांधी
Web Dunia Article

महात्‍मा गांधी  - Bharat Discovery Article

अहिंसा और सत्य के पुजारी महात्मा गांधी

महात्‍मा गांधी की स्मृति में

महात्मा गांधी

गांधीजी की जीवनी

Chapters 10 chapters are there
जन्म और प्रारंभिक शिक्षा

राष्‍ट्रपिता महात्‍मा गांधी - सुभाष चन्द्र बोस

4 जून 1944 को सुभाष चन्द्र बोस ने सिंगापुर रेडियो से एक संदेश प्रसारित करते हुये महात्मा गांधी को ‘देश का पिता’ कहकर संबोधित किया।
पुनः 6 जुलाई 1944 को सुभाष चन्द्र बोस ने रेडियो सिंगापुर रेडियो से एक संदेश प्रसारित करते हुये महात्मा गांधी को ‘राष्ट्रपिता’ कहकर संबोधित किया।

Bharat Discovery Org Article

गांधीजी के साथ जुड़े हुए मुंबई के जगे

TV9 Marathi upload

More Hindi Essays -

Updated 27 November 2017, 2 October 2014