The Indian government has taken various measures to ensure fast clearance of loans for the borrowers. Some of these measures are:

• The Government launched the Pradhan Mantri Mudra Yojana (PMMY) to provide loan up to 10 lakhs to non-corporate, non-farm small/micro enterprises ($1.3 million).
• The Reserve Bank of India (RBI) has invoked its 'Riot Provisions' in Manipur to aid borrowers and unfreeze accounts
• The government has set up Credit Guarantee Funds to provide collateral-free loans to borrowers in the small and medium enterprise sector.
• The government has introduced online portals to simplify the loan application process and for hassle-free approvals.
• The RBI has also brought in the loan restructuring scheme, which allows borrowers to have their loans restructured if they are struggling to repay them.
• Various interest subvention schemes have been introduced by the government to encourage timely repayment of loans and to ease the burden of interest payments on borrowers.

All of these measures have been introduced to make loans more easily accessible to borrowers while simplifying the loan application process, allowing for fast clearance of loans.