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Around 39 crore loans extended under Pradhan Mantri Mudra Yojana till Jan 27

The Centre said that around 39 crore loans have been extended under Pradhan Mantri Mudra Yojana till 27th of January 2023. The scheme was introduced in 2015. In a written reply in the Lok Sabha today, Minister of State for Finance, Dr Bhagawat Karad said out of this, over 26 crore loans have been extended to women entrepreneurs and about 20 crore loans to SC, ST and OBC category of borrowers. He said the scheme has helped in generating one crore 12 lakh net additional employment in the country from 2015 to 2018.

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Around 39 crore loans extended under Pradhan Mantri Mudra Yojana till Jan 27_40.1

Brief Pradhan Mantri Mudra Loan Yojana:

S. NO Parameters Details
1 Scheme Name Pradhan Mantri Mudra Yojana or Modi Loan Scheme
2 Launch Date 8th April 2015
3 Last Date No last date
4 Target Audience Small Business Owners
5 Loan Amount From Rs 50,000 to 10 Lakhs
6 Scheme Stages Shishu (50K), Kishor ( 5 Lakhs), Tarun (Rs 10 Lakhs)
7 Scope of Scheme Across India
8 Launched By PM Narendra Modi

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