Why will our government not produce the entrepreneurs by giving?
When small entrepreneurs without any property or security except a viable Project Plan, approach Banks for loans (even small amounts), so many rules and regulations are cited, asked to bring surety, submit property documents etc., to get the loan. Whereas when rich business people apply for loan, banks help them by suggesting ways and means to get the loan, because of obvious reasons. Bank loans are meant for rich, influential people and not for the poor. Despite this, some State Governments like in Telangana, CM has taken steps to ensure poor women, artisans, skilled workers are given loan based on Government recommendations so that they can do business. I am told even the West Bengal Government have schemes to benefit the poor by extending loans. Let us hope for the best.