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GOVERNMENT OF INDIA
MINISTRY OF MICRO,SMALL AND MEDIUM ENTERPRISES
LOK SABHA
UNSTARRED QUESTION NO: 2094
ANSWERED ON:  04.07.2019
Impact of Demonetisation on MSMEs
Naranbhai Bhikhabhai Kachhadiya
Will the Minister of



MICRO,SMALL AND MEDIUM ENTERPRISES be pleased to state:-


(a) whether Demonetization had a severe impact on the productivity of MSMEs across the country and their production level have yet not recovered to pre-demonetization levels and if so, the details thereof;

(b) the value of the business orders received by MSMEs across the country during the two years pre-demonetization and during the two years post demonetization;

(c) the number of people that gained employment in MSMEs across the country during the two years pre-demonetization and during the two years’ post demonetization; and

(d) the number of MSMEs that were registered pre-demonetization and the number of those which have turned into Non-Performing Assets (NPAs) during the two years since demonetization?


ANSWER
MINISTER OF MICRO, SMALL AND MEDIUM ENTERPRISES
(SHRI NITIN GADKARI)

(a) to (c): Ministry of Micro, Small and Medium Enterprises (MSME) has not conducted any survey to assess the impact of demonetisation on MSMEs, in particular, that of productivity, business orders & employment generation in MSME.

(d): As per the information received from Reserve Bank of India (RBI), stressed accounts referred to the Corrective Action Plan Committee during the half year ended March 2017, September 2017, March 2018 and September, 2018 are 1,00,803; 87,062; 1,30,208 and 1,50,165 respectively.

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