The Centre today said Small Industries Development Bank of India (SIDBI) has launched SIDBI Make in India soft loan fund for micro, small and medium enterprises (SMILE). Replying to supplementaries in the Lok Sabha, minister of state for Finance Jayant Sinha said for SMILE a corpus of 10,000 crore rupees and India Aspiration Fund (IAF) with a corpus of 2000 crore rupees has been launched to boost the start up venture capital and Micro, Small and medium Enterprises (MSME) ecosystem in the country.Mr Sinha said loans to MSMEs are based on guidelines of RBI. The minister said credit linked capital subsidy scheme of MSME ministry are being implemented to reduce the effective cost of the loans. Mr Sinha said government has taken many measures to make bank credit more accessible to MSMEs. The minister also informed the House that Pradhan Mantri Mudra Yojana (PMMY) has been launched on 8th April 2015 to provide loans upto 10 lakh rupees for enterprisers and traders.