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

BRICS Summit 2026: Full List of Leaders and Dignitaries in Delhi

India’s New Delhi is all set to host the BRICS Summit 2026 on September 12…

42 minutes ago

Which Indian State Shares Borders With Nepal, Bhutan and Bangladesh?

West Bengal is the only Indian state that has international boundaries with the countries of…

1 hour ago

Article 371(K) for Ladakh: What It Means, Key Provisions and Sixth Schedule Link

A new constitutional clause Article 371(K) has been suggested by the Centre for the region…

2 hours ago

National Forest Martyrs Day 2026: Khejarli Sacrifice Explained

The National Forest Martyrs Day 2026 is celebrated on September 11 to commemorate the forest…

2 hours ago

Meet Stanzin Tsangyang, Kargil’s First Woman Officer in Army

Stanzin Tsangyang created history as she became the first woman officer from Kargil district to…

2 hours ago

Digvijay Diwas 2026: Date, History, Significance and Key Points

September 11 is celebrated as Digvijay Diwas 2026 in honor of Swami Vivekananda’s speech at…

3 hours ago