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A 3 year report card of Pradhan Mantri Mudra Yojana

videos | May 29, 2018 5:43 PM IST

A 3-year report card of Pradhan Mantri Mudra Yojana

Prime Minister Narendra Modi launched the Pradhan Mantri Mudra Yojana. The aim of this scheme was to provide loans of up to Rs 10 lakhs to the non-corporate, non-farm small and micro enterprises.

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Today, after completion of three years of the scheme, Prime Minister Modi interacted with beneficiaries of the Mudra Yojana.
He announced that about Rs 6 lakh crore has been disbursed in form of loans to about 12 crore beneficiaries.
Around 9 crore of these borrowers are women and over 3 crore are first time entrepreneurs.
According to the Prime Minister, the Mudra Yojana has multiplied jobs, eliminated money lenders and middlemen and enhanced the lives of economically poor people.
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