SRINAGAR: The government has launched the JKMSME Health Clinic and announced financial relief measures intended to ease credit for micro, small and medium enterprises (MSMEs), including reimbursement of the annual guarantee fee of 0.33 per cent on loans up to Rs 10 lakh under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), a written reply to the Assembly shows.
The measures were outlined in a written reply to a starred question tabled before the House. The reply says the JKMSME Health Clinic has been set up as an institutional mechanism to identify early signs of financial stress among industrial units and to facilitate timely, analytics-driven redressal and customised rehabilitation where required.
The government said it has granted reimbursement of the CGTMSE annual guarantee fee through Government Order No. 121 JKQND of 2025, dated December 22, 2025, pursuant to a cabinet decision dated December 03, 2025, to improve cash flow and widen access to collateral-free credit for stressed MSMEs. The reply also pointed to incentives in the Jammu and Kashmir Industrial Policy 2021–30 and said revival and restructuring will follow the Reserve Bank of India framework for MSME revival dated March 17, 2016.
A range of sector-specific supports was listed in the reply. For artisans and weavers, the administration cited several credit and grant schemes — including the Credit Card Scheme for Artisans and Weavers, a financial support scheme for handicraft cooperatives and self-help groups, the Karkhandar skill and productivity initiative, concessional credit for weavers, and an education support scheme for artisans’ children — all intended to bolster incomes and reduce distress. The department said it is simplifying procedures, strengthening bank linkages and expanding outreach to improve disbursement and uptake.
Agricultural supports described include interest subvention on short-term crop loans (notably concessional Kisan Credit Card finance at 7 per cent with prompt repayment incentives that reduce effective rates), credit restructuring for crop losses, and disaster-relief measures. The reply supplied recent enrolment and claim figures under the Pradhan Mantri Fasal Bima Yojana: for Kharif 2025 some 201,710 farmers were enrolled covering 75,732 hectares, with 93,680 claim intimations totalling Rs 40.28 crore pending disbursement; for Rabi 2024–25, 60,424 farmers covering 20,422 hectares generated claims amounting to Rs 3.25 crore; and for Rabi 2025–26, the reply recorded 124,223 farmers and 50,140 hectares covered. The government also cited direct income transfers under PM KISAN totalling Rs 3,907.49 crore to 9.19 lakh farmers in 21 instalments.
To support longer-term investment, the reply highlighted central funds and schemes available in the Union territory — the Agriculture Infrastructure Fund, with concessional interest subvention and credit guarantee support, and the Animal Husbandry Infrastructure Development Fund offering interest subvention and credit guarantee for eligible livestock projects. The reply said 819 eligible AIF cases amounting to Rs 1,035 crore were forwarded to banks, of which 343 cases worth Rs 630 crore have been sanctioned and 283 cases amounting to Rs 392 crore disbursed. Under AHIDF, Rs 4.50 crore has been disbursed to five beneficiaries while seven cases are under process.
The government presented these measures as a composite strategy — analytics and early-warning through JKMSME Health Clinic, easier access to collateral-free credit via CGTMSE fee reimbursement, sectoral subsidies and insurance, and schemes to de-risk lending — intended to strengthen liquidity and revive stressed units and livelihoods. The reply acknowledged ongoing reviews and said further action will depend on scheme outcomes and central clearances where required.
