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Loans worth over ₹10 lakh sanctioned under MUDRA Yojana

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The PMMY is a scheme launched by the prime minister on April 8, 2015, for providing loans up to ₹10 lakh to non-corporate, non-farm small/micro enterprises.

The government on December 9 said more than ₹10 lakh crore have been disbursed under the Pradhan Mantri Mudra Yojana till November 1, 2019.

The PMMY is a scheme launched by the prime minister on April 8, 2015, for providing loans up to ₹10 lakh to non-corporate, non-farm small/micro enterprises.

“Under the Pradhan Mantri Mudra Yojana (PMMY), 20.84 crore loan accounts totalling an amount of ₹10.24 lac crore have been sanctioned up to November 1, 2019,” Minister of State (IC) for Labour and Employment Santosh Kumar Gangwar said in a written reply to the Lok Sabha.

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Printable version | Jan 25, 2020 1:21:09 AM | https://www.thehindu.com/news/national/loans-worth-over-10-lakh-sanctioned-under-mudra-yojana/article30253077.ece

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