To boost the collateral free lending, the current guarantee cover under the credit guarantee scheme for micro and small enterprises on loans will be extended from Rs. 50 lakh to Rs. 1 crore with guarantee over 50 per cent. The lock in period of loans covered under the existing scheme will be reduced from 24 to 18 months to encourage the banks to cover more loans under the guarantee scheme. Public sector banks have announced a reduction of the interest rates on existing as well as new loans to MSME sectors. Specialy monthly meeting of the state level bankers committee would be held to oversee the resolution of the credit issues of micro, small and medium enterprises by banks, departments of MSME and department of Financial Services will jointly set up a cell to monitor progress on this front. Hon. Members are aware, we have already taken legislative measures to provide a measure of security to the unorganised workers. We have enacted the Unorganised Sector Workers Social Security Bill 2008. The national commission of enterprises in the unorganized sector has been asked to work out a detailed scheme in this regard. There were certain proposals which the Governors conference made, particularly in respect of the empowerment of women. We have considered and we decided to set up a high-power committee of eminent persons and experts to study the status of women of India to enable the government to take expeditious action. Sir, while making his observation my good friend Shri Salim talked about the performance of the public sector and the central government's apathy towards the public sector. Now let us look at some of the figures to indicate the performance  of the central public sector enterprises. Similarly, the number of profit making public sector.
