Bank-Led Credit for Enterprise in Solan, Himachal Pradesh

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

Solan, Himachal Pradesh · Pillar: Economic Participation

Solan's credit-deposit ratio stands at 87.3, better than the typical district. 65.4% of credit goes toward productive, non-personal use, close to the typical district. Bank-led credit in the district is the channel that turns local deposits into loans for business.

  • 87.3 India 77.5
  • 65.4% India 62.4%

Youth opportunity in Solan

82% of registered enterprises are in services while 18% are in manufacturing. Only 14% of employment is in small and medium enterprises. 100% of school-age children are enrolled in higher secondary school (classes 9–12).

In Solan, which ranks 1 of 12 in Himachal Pradesh for youth opportunity, the overall opportunity score is 67.2 out of 100. It runs ahead of the national picture on bank branches per lakh people at 39.5.