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

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

South Garo Hills, Meghalaya · Pillar: Economic Participation

South Garo Hills's credit-deposit ratio stands at 72.4, close to the typical district. 24.4% 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.

  • 72.4 India 77.5
  • 24.4% India 62.4%

Youth opportunity in South Garo Hills

67% of registered enterprises are in services while 33% are in manufacturing. Only 2% of employment is in small and medium enterprises. Only 42% of school-age children are enrolled in higher secondary school (classes 9–12).

In South Garo Hills, which ranks 9 of 12 in Meghalaya for youth opportunity, the overall opportunity score is 39.7 out of 100. It trails the national picture on bank branches per lakh people at 4.2.