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Jammu Kashmir MSME Credit Sees Sharp Rise As SIDBI Sanctions Touch Rs 40 Crore In 2025-26
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Kashmir Life
According to the data, SIDBI sanctioned direct credit worth Rs 40.07 crore to six MSME units in Jammu and Kashmir during 2025-26, while disbursements stood at Rs 28.04 crore.
The outstanding amount at the close of the financial year reached Rs 40.37 crore.
In 2024-25, six MSME accounts received sanctions amounting to Rs 7.58 crore, followed by Rs 3.85 crore across five accounts in 2023-24.
During 2022-23, two MSME accounts were sanctioned Rs 7.85 crore, while no fresh sanctions were recorded in 2021-22.
The government expects the scheme to facilitate an additional credit flow of Rs 2.55 lakh crore for MSMEs, non-MSMEs and scheduled passenger airlines.