More than 28 crore 68 lakh loans for an amount of nearly 15 lakh crore rupees have been sanctioned since launch of Pradhan Mantri MUDRA Yojana. The Yojana was launched in 2015 for providing loans upto 10 Lakh rupees to non-corporate, non-farm, small and micro-enterprises.
Finance Ministry has said that about 68 percent of loans have been given to women entrepreneurs and about 51 percent of loans have been given to SC, ST and OBC borrowers.
Ministry of Labour and Employment has said that this yojana has helped in generation of 1 crore 12 lakh net additional employment from 2015 to 2018. Women have accounted for 62 percent of this estimated increase in employment.
Support Ethical Journalism. Support The Dispatch
The Dispatch is a sincere effort in ethical journalism. Truth, Accuracy, Independence, Fairness, Impartiality, Humanity and Accountability are key elements of our editorial policy. But we are still not able to generate great stories, because we don’t have adequate resources. As more and more media falls into corporate and political control, informed citizens across the world are funding independent journalism initiatives. Here is your chance to support your local media startup and help independent journalism survive. Click the link below to make a payment of your choice and be a stakeholder in public spirited journalism