New Delhi, Aug 6 (KNN) With the view to develop entrepreneurship in rural areas, government has taken several measures to increase lending to rural entrepreneurs, said Santosh Kumar Gangwar, Minister for State for Finance.

He said that loans to rural entrepreneurs are provided by banks and Financial Institutions (FIs).

Government has several schemes for assisting rural entrepreneurs through interest subvention or capital subsidy to effectively reduce the extent of repayments.

As per the Minister, these inter-alia include, Prime Ministers Employment Generation Programme (PMEGP), Credit Linked Capital Subsidy Scheme (CLCSS), Amended Technology Upgradation Fund Scheme (ATUFS), etc.

He assured that government has also taken several measures to increase lending to rural entrepreneurs which inter-alia include, priority sector lending targets to banks for Micro, Small and Medium Enterprises (MSMEs) and weaker sections, Pradhan Mantri Mudra Yojana (PMMY) Scheme, Stand up India Scheme, Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE), Differential Rate of Interest (DRI) Scheme, etc. (KNN Bureau)