Chief Economic Adviser V. Anantha Nageswaran ne MSMEs ke liye current **90-din** wale strict loan classification rules ko relax karne ka proposal rakha hai. Isse small businesses ko credit milna aasaan toh ho sakta hai, par banks ke balance sheets par hidden stress ka khatra bhi badh sakta hai.
Kya hai Nageswaran ka proposal?
Chief Economic Adviser V. Anantha Nageswaran ne banking system ke us rule par sawal uthaye hain, jiske tehat 90 days se zyada overdue hone par loan ko NPA (Non-Performing Asset) declare kar diya jata hai. Unka manna hai ki MSMEs ka kaam karne ka tareeka corporate jaisa nahi hota. Inka cash flow irregular hota hai, isliye 90 days ki strict deadline achhi companies ko bhi dubo sakti hai aur unhe credit milna band ho jata hai.
SMA ka chakkar aur bankers ki tension
Nageswaran ne Special Mention Account (SMA) framework par bhi baat ki. Abhi jaise hi loan 30 ya 60 days late hota hai, banks use SMA tag de dete hain. Ye tag ek 'Red Flag' jaisa kaam karta hai aur baaki banks bhi loan dena band kar dete hain. Is vajah se healthy businesses bhi stress mein aa kar default kar dete hain.
Investors ke liye kya hai catch?
Agar ye niyam badalte hain, toh iske dono pehlu hain:
- Positive: MSMEs temporary crises se bach payenge aur banks apne acche clients ko nahi khoyenge.
- Risk: Rules relax karne se 'evergreening' ka khatra badh sakta hai, jahan banks apne bad loans ko chhupa sakte hain. Ab sab kuch Reserve Bank of India (RBI) ke haath mein hai ki woh transparency aur flexibility ke beech balance kaise banate hain.
Microfinance sector ko bhi warning
Iske alawa, Nageswaran ne microfinance companies ko bhi samjhaya hai. Unhone kaha ki ye log sirf loan baantne (credit expansion) mein lage hain, jabki unhe logon ko savings aur insurance ki aadat bhi daalni chahiye. Over-leveraging ki vajah se is sector mein purane time mein bhi bade crises aaye hain, isliye risk management ab priority honi chahiye.