International Journal of Research in Economics and Social Sciences
  • Year: 2016
  • Volume: 6
  • Issue: 2

Performance of State Level Banker's Committee: Funding Msme's to Stimulate Growth in Telangana Region

  • Author:
  • J. Venkatesh1, R. Lavanya Kumari2,3, S Thenmozhi4, P Balasubramanie5
  • Total Page Count: 8
  • Page Number: 205 to 212

1Associate Professor, Department of Management Studies, Anna University, Regional Campus Coimbatore, Navavoor, Coimbatore-641 046, Tamil Nadu, India

2Ph. D. (PT) Research Scholar-Management Studies, Karpagam University, Eachanari, Coimbatore-641 021, Tamil Nadu

3Assistant Professor-Department of Business Management, St. Joseph's Degree & PG College, Basheerbagh, King Koti Main Road, Hyderabad-500 029, Andhra Pradesh, India

4Associate Professor, Department of Computer Applications, Gnanamani College of Technology, A.K. Samuthiram, Pachal Post, Namakkal District-637 018, Tamil Nadu, India

5Professor, Department of Computer Science and Engineering, Kongu Engineering College, Perundurai, Erode-638 052, Tamil Nadu, India

Online published on 25 May, 2016.

Abstract

MSME's provides the supplementary income to rural folks. It plays a significant role in the new state of Telangana, both in terms of value addition and also in creating employment opportunities. The new Telangana State Industrial Policy will make special provisions for the SME and Micro sectors. The Telangana government will provide 100 per cent loan repayment guarantee to banks for creating a support system for the MSME sector. State Level Bankers Committee is an exclusive for the SME sector which will be constituted by the government to provide funding to the sector. SLBC is an inter-institutional forum for coordination and joint implementation of development programmes and policies by all the financial institutions. Government officials also form as part of the SLBC bankers ’forum. The paper explores the performance of SLBC's and funding MSME's sector to stimulate the growth. In Telangana the districts around the Hyderabad which provides good prospects for MSME's especially in IT and sophisticated industries.

Keywords

CGTMSE, GSDP, ITeS, MSME's, SLBC