Women-owned MSME businesses see highest shortfall: Report

The MSME (Micro, Small and Medium Enterprises) sector is facing an addressable credit gap of around Rs 30 lakh crore, which is about 24 per cent of the total credit demand, according to a recent report by SIDBI (Small Industries Development Bank of India).

- TDG NETWORK

The report highlighted that even though credit supply to MSMEs has increased, the gap remains significant, especially in certain segments. It said, "While an increased credit supply to MSMEs is in evidence, the study broadly estimates that the sector still has an addressable credit gap of about 24 per cent or approx. Rs 30 lakh crore".

The services sector has a higher credit gap of around 27 per cent, while the gap for women-owned MSMEs is even higher at 35 per cent.