Additional secretary to the government of India for public grievances V Srinivas (IAS:1989:RJ) has advised district collectors of Jaipur and Sikar to intervene in denial of bank loans to the small and micro industries. His instructions followed the complaints made by trade body representatives that certain banks have intentionally been denying loans to the small industries.

The complaints were made during a meeting of trade representatives held under the 100-day campaign of the central government to boost micro, small and medium enterprises (MSME).

In a series of campaign meetings of Jaipur and Sikar businessmen at the state industries department headquarters on Wednesday, the delay in sanction of bank loans emerged as a major grievance of trade representatives even though the government has proposed a 59-minute window for sanction of loan to MSME sector.