New Delhi, April 13 (IANS) Prime Minister Narendra Modi said on Monday that more than 60 per cent of loans under the Pradhan Mantri Mudra Yojana have been availed by women.Addressing the ‘Nari Shakti Vandan Sammelan’ at the Vigyan Bhawan here, the Prime Minister noted that women in India are increasingly stepping forward to build their own identities through new businesses.”Today, our daughters are carving out their identities in new businesses. More than 60 per cent of loans under the Mudra sch…
Latest Pradhan Mantri Mudra Yojana News & Updates
Patna, April 8 (IANS) The Pradhan Mantri Mudra Yojana (PMMY), which completed 11 years today, has helped many small-time entrepreneurs realise their dreams, shaping their journeys. Thousands of success stories have emerged, with beneficiaries crediting the flagship scheme for unlocking their entrepreneurial spirit. One such inspiring story is that of Deepak Kumar, a resident of Pakrar in the Katkamdag block of Jharkhand’s Hazaribagh district, who leveraged this scheme to significantly expand …
New Delhi, April 8 (IANS) The Pradhan Mantri MUDRA Yojana (PMMY), the flagship programme of the Modi government, has marked 11 years of operation, aimed at funding the ‘unfunded’ micro enterprises, small businesses and setting the path for their growth.Since its inception on this day in 2015, the programme has been instrumental in powering the business dynamics of small businesses and first-time entrepreneurs, in particular.According to government estimates, around 58 crore loans worth more …
Giridih (Jharkhand), April 8 (IANS) The Pradhan Mantri Mudra Yojana (PMMY) is emerging as a strong pillar of support for small entrepreneurs in Jharkhand’s Giridih district, enabling hundreds of people to start their own ventures and move towards financial independence.Under the scheme, collateral-free loans have facilitated the establishment of various small businesses, including retail shops, tailoring units, mineral water plants, e-rickshaws, and street vending enterprises. This has signifi…
Chikkaballapur (Karnataka), April 8 (IANS) The Central Government’s flagship Pradhan Mantri Mudra Yojana (PMMY) continues to transform the lives of small entrepreneurs across the country, with another success story emerging from Karnataka’s Chikkaballapur district.Beer Bahadur Dhami, a resident of Ward No. 30 in Chamarajpet, has successfully established and expanded his restaurant business with financial assistance received under the scheme. Availing a collateral-free loan of Rs 1.95 lakh fr…
New Delhi, April 8 (IANS) The Pradhan Mantri MUDRA Yojana (PMMY) has disbursed over Rs 40 lakh crore through 57.79 crore loans, marking 11 years of its implementation, the government said on Wednesday.The Ministry of Finance stated that the scheme which was launched by Prime Minister Narendra Modi in 2015, aimed at “funding the unfunded”, provides collateral-free loans of up to Rs 20 lakh to micro and small non-corporate, non-farm enterprises.Highlighting the progress, Finance Minister Nirmala S…
New Delhi, April 8 (IANS) Prime Minister Narendra Modi on Wednesday said that the Pradhan Mantri Mudra Yojana (PMMY) reflects an economic ethos where opportunities are accessible, initiatives are encouraged, and every dream is given the support to grow. Taking to social media platform ‘X’, the PM Modi said, “PM Mudra Yojana reflects an economic ethos where opportunities are accessible, initiatives are encouraged and every dream is given the support to grow.”He also shared a post by MyGovIn…
New Delhi, April 8 (IANS) As the Pradhan Mantri Mudra Yojana (PMMY) completed 11 years, Prime Minister Narendra Modi on Wednesday said the scheme has played a crucial role in promoting self-employment among the youth. Taking to social media platform X, PM Modi said, “Launched exactly 11 years ago today, the Pradhan Mantri Mudra Yojana has proven to be immensely helpful in fostering self-employment among the youth. The success of this scheme demonstrates that, given the right opportunities, an …
New Delhi, April 1 (IANS) Pradhan Mantri Mudra Yojana (PMMY) has sanctioned more than 52.37 crore loans disbursing a total of Rs. 33.65 lakh crore since its launch in April 2015, according to an official fact-sheet.Around 70 per cent of loans went to women entrepreneurs and about 50 per cent to borrowers from Scheduled Caste, Scheduled Tribe and Other Backward Classes, the fact-sheet said.A category‑wise breakdown of loan sanctions showed that Shishu loans account for 78 per cent of the number…
Guwahati, March 11 (IANS) Assam Chief Minister Himanta Biswa Sarma on Wednesday participated in a cheque distribution program under the Chief Minister Atmanirbhar Asom Abhiyan (CMAAA) 1.0 at the Khanapara Veterinary Field. The main objective of this program was to make the state’s youth financially strong and self-reliant by providing them with self-employment opportunities.During the program, the Chief Minister handed over cheques to selected beneficiaries under the scheme. He stated tha…