Bank-Led Credit for Enterprise in East Garo Hills, Meghalaya

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

East Garo Hills, Meghalaya · Pillar: Economic Participation

East Garo Hills's credit-deposit ratio stands at 65.6, behind the typical district. 27.9% 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.

  • 65.6 India 77.5
  • 27.9% India 62.4%

Youth opportunity in East Garo Hills

54% of registered enterprises are in services while 46% are in manufacturing. Only 3% of employment is in small and medium enterprises. 60% of school-age children are enrolled in higher secondary school (classes 9–12).

In East Garo Hills, which ranks 12 of 12 in Meghalaya for youth opportunity, the overall opportunity score is 37.1 out of 100. It trails the national picture on bank branches per lakh people at 7.7.