Prøve GULL - Gratis
Survey flags gaps in formal credit for small enterprises
Mint Mumbai
|January 30, 2026
Small enterprises continue to rely heavily on informal sources such as friends and moneylenders for small-ticket loans, primarily borrowings below ₹50,000, highlighting persistent gaps in access to formal credit, the Economic Survey tabled in Parliament on Thursday showed.
For loans below ₹50,000, friends account for 42% of outstanding credit, followed by suppliers at 23%.
(ISTOCKPHOTO)
The survey, citing analysis of data from the Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2023-24, points to a sharp divergence in financing patterns by loan size for micro and unincorporated enterprises. Commercial banks are the biggest source of large loans (ticket size above ₹1 lakh), accounting for 54% of outstanding loans.
Denne historien er fra January 30, 2026-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
Tech firms tweak billing, from man hours to machine tokens
As artificial intelligence (AI) takes on larger chunks of software work, more information technology (IT) services firms are working out new ways to charge for it.
3 mins
May 13, 2026
Mint Mumbai
Stocks slump, worries rise on war, options unwinding
Sensex, Nifty down over 1.8%; Investor wealth worth ₹10.95 trillion wiped out
4 mins
May 13, 2026
Mint Mumbai
Ministers, policy heads note war hit, chart way forward
India’s economic and policy leadership is bracing for the fallout from West Asia, with senior officials cautioning that elevated oil prices and supply disruptions could strain inflation, the current account and the rupee.
3 mins
May 13, 2026
Mint Mumbai
Elon Musk's Grok is losing ground in AI race
Elon Musk’s artificial-intelligence model, Grok, lags far behind its fast-growing competitors—and an agreement by parent company SpaceX to rent massive computing power to Anthropic raises questions about whether it can still catch up.
3 mins
May 13, 2026
Mint Mumbai
Food monitor pings Whole Truth over 'no added sugar'
India’s food regulator has issued a show-cause notice to Fitshit Health Solutions-owned The Whole Truth over labelling that its chocolate products contained “no added sugar,” a move that could have a broader impact on how companies make and consumers perceive such claims.
4 mins
May 13, 2026
Mint Mumbai
Lawsuits as asset class? Investors are betting on it
Investors are beginning to finance commercial lawsuits in India in exchange for a share of future settlements or court awards, as litigation funding—a niche alternative asset class long established in some global markets—starts to take shape locally.
2 mins
May 13, 2026
Mint Mumbai
Tata trust served legal notice over Tata Sons share transfer
Legal notice questions Sir Ratan Tata Trust's alleged 1989 transfer of shares to four individuals
3 mins
May 13, 2026
Mint Mumbai
Retail investors shift focus to large caps
India’s retail investors turned selective in the March quarter, funnelling money into a narrow set of large-cap banking, metals, energy and technology stocks even as broader market participation weakened amid persistent volatility.
2 mins
May 13, 2026
Mint Mumbai
India's labour market is undergoing a structural shift
The latest Periodic Labour Force Survey (PLFS), a much-improved version from earlier ones, reveals how India’s labour market is undergoing a structural transformation.
3 mins
May 13, 2026
Mint Mumbai
Govt clears ₹503 cr for 4.8k EV chargers
The heavy industries ministry has cleared disbursal of ₹503.86 crore for the installation of 4,874 public electric vehicle (EV) charging stations under the flagship PM E-Drive scheme, marking one of the first major infrastructure rollouts aimed at accelerating India’s EV adoption and strengthening energy security.
1 min
May 13, 2026
Listen
Translate
Change font size