The Pradhan Mantri MUDRA Yojana (PMMY) was launched on 8th April 2015 by Prime Minister Shri Narendra Modi with the aim to facilitate easy collateral-free micro credit of up to ₹10 lakh to non-corporate, non-farm small and micro entrepreneurs for inc
The scheme has disbursed over Rs 23 lakh crore in collateral-free loans to non-corporate, non-farm small and micro entrepreneurs for income-generating activities. The loans have empowered women and entrepreneurs from Scheduled Castes, Scheduled Tribes, and Other Backward Classes categories, contributing to the growth of MSMEs and boosting the Indian economy., Economy News, Times Now
Banks and financial institutions have sanctioned Rs 23.2 lakh crore to over 40.82 crore beneficiaries under the Mudra Yojana launched to fund the unfunded eight years ago.
More than 40 82 crore loans amounting to ₹23 2 lakh crore sanctioned under Pradhan Mantri MUDRA Yojana (PMMY) since inception - Sach News Network Jammu Kashmir Ladakh dailysach.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailysach.in Daily Mail and Mail on Sunday newspapers.
Pradhan Mantri MUDRA Yojana (PMMY) was launched on April 8, 2015, by Prime Minister Narendra Modi to facilitate easy collateral-free micro-credit of up to Rs 10 lakh to non-corporate, non-farm small and micro-entrepreneurs for income-generating activities.