• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

More Than 40 Cr Loans Sanctioned Under MUDRA Scheme In Last 8 Yrs: Govt

OMMCOM NEWS by OMMCOM NEWS
April 8, 2023
in Business

New Delhi: More than 40.82 crore loans amounting to Rs 23.2 lakh crore have been sanctioned under Pradhan Mantri MUDRA Yojana (PMMY) since its inception eight years back.

Finance minister Nirmala Sitharaman said, “Since the launch of the scheme on April 8, 2015, as of March 24, 2023, about Rs 23.2 lakh crore has been sanctioned in 40.82 crore loan accounts. About 68 per cent of accounts under the scheme belong to women entrepreneurs and 51 per cent of accounts belong to entrepreneurs of SC, ST and OBC categories. This demonstrates that easy availability of credit to the budding entrepreneurs of the country has led to innovation and sustained increase in per capita income.”

The MUDRA scheme has helped in generation of large-scale employment opportunities at grassroots level and also proved a game changer while boosting Indian economy, she added.

The scheme was launched by the government to facilitate easy collateral-free micro credit of up to Rs 10 lakh to non-corporate, non-farm small and micro entrepreneurs for income generating activities.

The loans under PMMY are provided by member lending institutions (MLIs), i.e. banks, non-banking financial companies (NBFCs), micro finance institutions (MFIs) and other financial intermediaries.

 (IANS)

Tags: Finance Minister Nirmala SitharamanPradhan Mantri MUDRA Yojana
ShareTweetSendSharePinShareSend
Previous Post

US SC Justice Under Fire For ‘Secretly’ Accepting Luxury Trips

Next Post

Delhi Police Head Constable Commits Suicide In PCR Van

Related Posts

Public Sector Banks
Business

Total Business Of Public Sector Banks Surges To Rs 251 Lakh Crore In 2024-25

June 27, 2025
Economy
Business

Early Months Of FY26 Indicate Resilient Economy, Outlook Remains Positive: Centre

June 27, 2025
RBI
Business

India Clocks Current Account Surplus Of $13.5 Billion In Jan-March Quarter

June 27, 2025
ATM
Business

Key Financial Changes Coming In July: From Aadhaar-PAN Rule To New Bank Charges

June 27, 2025
Stock Market
Business

Stock Market Hits 9-Month High As Sensex Surges Past 84,000, Nifty Nears 25,650

June 27, 2025
Adani Group
Business

Adani Becomes India’s Fastest-Growing Brand With Focus On Infra, Green Energy

June 27, 2025
Next Post

Delhi Police Head Constable Commits Suicide In PCR Van

Sambalpur Police Arrests Two In Fake Certificate Case, 6 Booked So Far

Rishra Violence: Processionists Instigated Violence, Police Tell Court

khimji
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.