A recent statement made by the honourable minister of MSME (Independent charge) in parliament. The point which is not brought out is 1cr jobs are at stake, i.e., if govt can save this by any measures capital cost/job is only 80000/-. They are promoting “Make in India” “manufacturing 4”, Digital technology penetration for improving “efficiency” etc. It is time for govt and RBI to become proactive. This may require policy changes but if they implement existing policies also 40% problem can be resolved. Banks, at a lower level, want to become unit NPA and transfer the file to their stressed asset management branch. While RBI has classified SMA0, SMA1, SMA2 and corrective action plan with timelines. I would be happy to know, which bank has followed a timeline? Can the survey be done? Can the official concern be punished?