Lavkesh Mehra, a resident of Bhopal, transformed his life from an ordinary man to an inspiration for many by venturing into entrepreneurship. In 2021, he took a loan of Rs 5 lakh under the Pradhan Mantri Mudra Yojana to kickstart his business, witnessing a remarkable growth from Rs 12 lakh to Rs 50 lakh in turnover.
Starting his business with the loan, Lavkesh initially had concerns about repayment. However, the government’s support through collateral-free loans boosted his confidence to forge ahead. Today, his business has expanded to around 30 products, with his turnover soaring and loan amount increasing to Rs 9.5 lakh.
Having met Prime Minister Narendra Modi last year, Lavkesh shared his success story and how government assistance played a pivotal role. The Prime Minister commended the scheme for empowering the youth, leaving Lavkesh and his family filled with pride and motivation to further expand the business and create job opportunities.
Lavkesh encourages the youth to embrace a bold mindset, assuring them of government and banking system support. His journey exemplifies how determination and government initiatives can pave the way for success.
