Categories: Economy

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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

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

Piyush Shukla

Recent Posts

Sowcar Janaki Dies at 94: Remembering a Legendary Career

Renowned Indian actress Sowcar Janaki breathed her last at the age of 94 on August…

15 hours ago

PM-AASHA Scheme 2026: Objectives, MSP Benefits, Components and Latest Updates

Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) is an initiative of the central government that…

15 hours ago

Who Is Yu Zidi? Meet the 13-Year-Old Chinese Swimmer Set to Feature in Asian Games 2026

Many of the finest sport athletes of Asia will be participating in the Asian Games…

16 hours ago

What Is Analogue Paneer? Why States Are Banning It and What Consumers Need to Know

Paneer is one of the most popular and widely used ingredients in India. However, recently…

17 hours ago

Ashutosh Parida to Receive Sarala Puraskar 2026 for Poetry

Prominent Odia poet, essayist, and former scientist at CSIR-IMMT, Ashutosh Parida has been chosen for…

18 hours ago

RBI Appoints S Somanath, Reappoints Anand Mahindra to Central Board

The Reserve Bank of India has named former chairman of the Indian Space Research Organisation,…

18 hours ago