Categories: Ranks & Reports

Tamil Nadu women top the list of MUDRA loan scheme

According to the data provided by Ministry of Finance to Rajya Sabha, Tamil Nadu has topped the list of Pradhan Mantri Mudra Yojana (PMMY) in availing loans to women. It was followed by West Bengal and Karnataka. According to the data produced by the Ministry of Finance, around 15 crore loans amounting to Rs 4.78 lakh crores were disbursed to women borrowers since the inception of Pradhan Mantri Mudra Yojana.

WARRIOR 3.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

As of March 31, 2020, Tamil Nadu had availed Rs 58,227 crores. The loans provided by other states are as follows

  • West Bengal: Rs 55,232 crores
  • Karnataka: Rs 47,714 crores
  • Bihar: Rs 44,879
  • Maharashtra: Rs 42,000 crores

All the above states have received 52% of MUDRA loans for women. The loans were availed to activities allied to agriculture, services, trading, processing, manufacturing, etc. Of the total number of loans provided under MUDRA scheme, 70% of borrowers were women.

About Pradhan Mantri MUDRA Yojana

Pradhan Mantri MUDRA Yojana was launched in 2015 to provide loans to non-corporate, small and micro-enterprises. Under the scheme, loans up to Rs 10 lakhs are provided. The loans are given by Regional Rural Banks, Commercial banks, Small Finance Banks, Non-Banking Financial Corporations, Micro-Financial Institutions.

Find More Ranks and Reports Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Weekly Current Affairs One Liners (27th April to 3rd May, 2026)

Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…

14 hours ago

Which is the Largest Valley in Asia? Check Here

Valleys are low areas of land that lie between hills or mountains. They are formed…

1 day ago

Which Place is known as the Sandwich Capital of the World?

Sandwiches are one of the most popular foods in the world. They are simple, quick…

1 day ago

Centre Appoints Rohit Jain as Deputy Governor of Reserve Bank of India

The Government of India has appointed Rohit Jain as the Deputy Governor of the Reserve…

1 day ago

Government Notifies New Citizenship Rules, Streamlines OCI and Application Processes

The Government of India has notified the Citizenship (Amendment) Rules, 2026 and introduced the important…

1 day ago

Reserve Bank of India Says 98.47% of ₹2,000 Notes Returned to Banking System

The Reserve Bank of India have announced that 98.47% of ₹2,000 Indian currency notes have…

1 day ago