Pradhan Mantri Mudra Yojana: Credit saturation for livelihoods

Source: The post is based on the article “Pradhan Mantri Mudra Yojana: Credit saturation for livelihoods” published in Live Mint on 10th April 2023. Syllabus: GS 2 – Government Policies & Interventions in Various Sectors Relevance: About Pradhan Mantri Mudra Yojana News: Pradhan Mantri Mudra Yojana (PMMY) has completed eight years. The article analyzes the scheme and… Continue reading Pradhan Mantri Mudra Yojana: Credit saturation for livelihoods

MUDRA: Rs. 1 lac crore more has to be lent

Banks have been struggling to meet the target for lending Mudra loans. The government, in Budget 2018-19, had said it intends to disburse loans of up to Rs 3 lakh crore in the current fiscal. However, as on February 22, the total loan disbursed under the Micro Units Development and Refinance Agency Ltd (Mudra) scheme… Continue reading MUDRA: Rs. 1 lac crore more has to be lent

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