Draft:Prime Minister Mudra Yojana
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Pradhan Mantri Mudra Yojana (PMMY, translation: Prime Minister's Mudra Scheme) is a government-backed accident insurance scheme in India. It was formally launched by the Prime Minister Narendra Modi on 8 Apr 2015.[1]
- This scheme is enable Financial institution to offer loans to non-corporate non-farm micro/small enterprises and individuals engaged income-generating businesses.
- There are 3 kind of loans offers under this scheme:[2]
1. Shishu (up to Rs.50,000), 2. Kishore (Rs.s.50,001-Rs.5,00,000), 3. Tarun (Rs.5,00,001-Rs.10,00,000)
statstics[3][4][edit]
Financial year | PMMY Approved loans number | Approved amount Cr | Disbursed amount Cr |
2015-2016 | 34880924 | 137449.27 | 132954.73 |
2016-2017 | 39701047 | 180528.54 | 175312.13 |
2017-2018 | 48130593 | 253677.1 | 246437.4 |
2018-2019 | 59870318 | 321722.79 | 311811.38 |
2019-2020 | 62247606 | 337495.53 | 329715.03 |
2020-2021 | 50735046 | 321759.25 | 311754.47 |
2021-2022 | 53795526 | 339110.35 | 331402.2 |
2022-2023 | 62310598 | 456537.98 | 450423.66 |
Total | 411671658 | 2348280.81 | 2289811 |
References[edit]
- ^ https://www.business-standard.com/about/what-is-pradhan-mantri-mudra-yojana
- ^ "PM Mudra Yojana: Who is eligible, loan categories, how to apply". The Economic Times. December 11, 2023.
- ^ "More than 40.82 crore loans amounting to ₹23.2 lakh crore sanctioned under Pradhan Mantri MUDRA Yojana (PMMY) since inception".
- ^ "69% of the total 44.46 crore loans sanctioned under Pradhan Mantri Mudra Yojana, have been sanctioned to women".