Bank-Led Credit for Enterprise in South Andaman, Andaman and Nicobar Island

Not one office: every bank branch in the district carries MUDRA, PMEGP, and Stand-Up India loans for small enterprises.

South Andaman, Andaman and Nicobar Island · Pillar: Economic Participation

South Andaman's credit-deposit ratio stands at 57.1, behind the typical district. 33.2% of credit goes toward productive, non-personal use, behind the typical district. Bank-led credit in the district is the channel that turns local deposits into loans for business.

  • 57.1 India 77.5
  • 33.2% India 62.4%

Youth opportunity in South Andaman

84% of registered enterprises are in services while 16% are in manufacturing. Only 5% of employment is in small and medium enterprises. 78% of school-age children are enrolled in higher secondary school (classes 9–12).

In South Andaman, which ranks 1 of 3 in Andaman and Nicobar Island for youth opportunity, the overall opportunity score is 55 out of 100. It runs ahead of the national picture on bank branches per lakh people at 26.