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.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
| 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 |
The Reserve Bank of India (RBI) has released the "Report on Trend and Progress of…
The Reserve Bank of India (RBI) has released its Financial Stability Report (FSR) for December…
Indian cuisine is loved all over the world for its delicious flavors and variety. Taste…
South Korea’s political crisis deepened on December 27, 2024, when parliament voted to impeach Acting…
In 2024, Indian travelers explored a mix of exciting destinations, from serene beaches to historical…
Amritsar, a famous city in Punjab, is renowned for its rich history, vibrant culture and…