Articles

Articles

India's Economic Survey 2017-18

India's Economic Survey 2017-18

The Economic Times review of the Economic Survey 2017-18 says that the amount of credit or loans disbursed by banks amounted to Rs 26,041 billion as on November 2017, but 82.6% of this was pocketed by large enterprises. For millions of SMEs in the country, banks only lent out 17.4 % of the total credit. Learn more about the survey and how MSME climate in India as well as analysis of the report and the pitch for peer to peer lending as a solution for India's MSMEs.