Patna, Feb 9 (IANS) As many as 37,76,05,305 people have been granted loan under the Centre’s Pradhan Mantri Mudra Yojana (PMMY), BJP’s state convener of the IT cell in Bihar, Man… Read More
Focus: GS II: Government schemes Why in News? As per data uploaded by Member Lending Institutions (MLIs) on Mudra portal, as on 27.01.2023, more than 38.58 crore loans have been extended sin… Read More
MUDRA Loan - Pradhan Mantri MUDRA Yojana Loan (PMMY) | IRAC / NPA Clas: Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’ble Prime Minister on April 8, 2015 for provi… Read More
Pradhan Mantri MUDRA Yojana (PMMY) was launched on April 8, 2015, by Prime Minister Narendra Modi to facilitate easy collateral-free micro-credit of up to ₹10 lakh
https://ift.tt/RwZr4… Read More
New Delhi: More than 40.82 crore loans amounting to ₹23.2 trillion have been sanctioned under Pradhan Mantri MUDRA Yojana (PMMY) since its inception eight years back, the Min… Read More
Apr 09, 2023 17:20 IST
New Delhi [India], April 9 (Always First): Around Rs 23.2 lakh crore has been sanctioned in 40.82 crore loan accounts under Pradhan Mantri MUDRA Yoj… Read More
As the Pradhan Mantri MUDRA Yojana completed eight years, senior Congress leader P Chidambaram on Sunday said 83% of the loans given under the scheme are under Rs 50,000, which leaves him wo… Read More
Context: As the Pradhan Mantri MUDRA Yojana (PMMY) completed eight years, senior Congress leader P. Chidambaram on Sunday said 83% of the loans given under the scheme were under ₹50,00… Read More
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 &nda… Read More
For 7PM Editorial Archives click HERE → Introduction The Pradhan Mantri Mudra Yojana (PMMY) was launched by the Indian government eight years ago to provide financial sup… Read More
Pradhan Mantri Mudra Yojana (PMMY) completes 8 years
The Union Finance Ministry launched the Pradhan Mantri Mudra Yojana (PMMY) in 2015.
Under this scheme, loans are provided to small and mi… Read More
Over the past eight years, despite the country’s youth continuing to apply in droves for government positions, less than 1% of the applications received were chosen.
On Wednes… Read More
Apr 27, 2023 23:41 IST
New Delhi [India], April 27 (Always First): SBI Research in a report said Prime Minister Mudra Yojana or MUDRA brought forth “a leap of faith… Read More
Best Government Loans for Business in India with eligibility
If you are an entrepreneur or a small business owner in India, you might be looking for some financial assistance to grow your bu… Read More
Authors: Durairaj Kumarasamy, MRIIRS, Prakash Singh, GIM, and Sukhvinder Kaur, MRIIRS.
Financial inclusion — which aims to provide access to financial services for all individuals and… Read More
Overcoming financial hurdles is a part of any business plan. For small businesses, this may be a rather challenging task. However, traditional financing is no longer the only option availab… Read More
In 2018, 67% of India’s population was of working age, according to the World Bank, and 47% of the population was under 25 years old, according to the Sample Registration System 2018… Read More
Government Schemes to Support Startups in India
India has emerged as a hotbed for entrepreneurship and innovation in recent years. To foster the growth of startups and encourage a culture of… Read More
Union Home Minister Amit Shah on Tuesday lauded the efforts of Central government, saying Prime Minister Narendra Modi has unfolded an era of nine years of women-led development with India… Read More
Women entrepreneurs are vital drivers of economic growth and job creation. However, securing financial support is often crucial for starting and expanding a business. Fortunately, the… Read More
Women entrepreneurs are vital drivers of economic growth and job creation. However, securing financial support is often crucial for starting and expanding a business. Fortunately, the… Read More
Sarkari Yojana 2023: Sarkar dwara hamare desh ke nagriko, khas karke garib aur kamjor logon ke liye vibhinn yojanaen chalayi jati hain. Jabki ye yojanaen central government dwara chalayi jat… Read More
Pradhan Mantri Mudra YojanaPradhan Mantri Mudra
Yojana (PMMY) is a government scheme launched on 8th April 2015 to promote
entrepreneurship and provide financial assistance to small and
micr… Read More
Small Business Financing Options in India: A Comprehensive Guide Introduction: Small businesses play a vital role in driving economic growth and job creation in India. However, on… Read More
Top 5 Government Loan Schemes for Small Businesses in India 2023, Application Forms: Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) Business ke liye bina pramukh securi… Read More
Dr Vivek Joshi, Secretary, Department of Financial Services (DFS), Ministry of Finance, chaired a review meeting yesterday with heads of Public Sector Banks (PSBs). The review meeting was al… Read More
Introduction
Funding is the most essential thing required by startups as it is a very difficult procedure to attain funds. Most of start-up fails in India because of lacking adequate fund… Read More
Under the scheme, loans up to Rs 10 lakh are provided to non-corporate, non-farm small/micro enterprises by Commercial Banks, RRBs, Small Finance Banks, Cooperative Banks, MFIs, and NBFCs. T… Read More
According to the Minister of State in the Finance Ministry, Mr. Bhagwat Karad, the national-level loan target under the Pradhan Mantri Mudra Yojana (PMMY) has been exceeded in the financial… Read More
New Delhi, August 6 (IANS) Bihar, Uttar Pradesh and Tamil Nadu are the top three states with the highest number of beneficiaries of Pradhan Mantri Jan Dhan Yojana (PMMY) in 2022-23. During 2… Read More
The Scheduled Commercial Banks
The Scheduled Commercial Banks (SCBs) have recovered a total of Rs 2,04,668 crore in write-off debts, including corporate loans, since April 2014 and up until… Read More
The value of entrepreneurship in India can be gauged by what it accomplishes for society. Entrepreneurship in India provides benefits through producing job opportunities, raising living stan… Read More
The government of India offers a number of schemes to make home loans more affordable for home buyers in Mumbai. These schemes can help you to get a lower interest rate on your home… Read More
Union Finance Minister Smt. Nirmala Sitharaman chaired a review meeting of Regional Rural Banks of Northern Region in New Delhi, today.
During the review meeting, the Union Finance Minist… Read More
Union Finance Minister Smt. Nirmala Sitharaman chaired a review meeting of Regional Rural Banks of the Northern Region in New Delhi, yesterday.
During the review meeting, the Union Financ… Read More
In India, entrepreneurs have a plethora of credit financing options to fuel their business ventures, from traditional bank loans offered by giants like State Bank of India, HDFC, and ICICI… Read More
Unlocking the potential of MSME lending in India
Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India’s economy, contributing significantly to its growth and employme… Read More
India’s GDP growth is creating new jobs and opportunities for people
India’s GDP growth has been one of the fastest in the world in recent years. This growth has been accompan… Read More
Mudra Yojana: The Pradhan Mantri Mudra Yojana (PMMY) is a scheme launched by the Government of India in 2015 to provide loans to micro, small, and medium enterprises (MSMEs). The sc… Read More
In India, the dream of owning a home is one that millions of people share. However, the cost of purchasing a house can be a significant hurdle for many. The government has introduced several… Read More
Union Minister of State for Finance Dr. Bhagwat Kisanrao Karad chaired a review meeting on the progress and performance of Financial Inclusion Schemes, including preparedness under the PM Vi… Read More
Dr. Vivek Joshi, Secretary, Department of Financial Services (DFS), Ministry of Finance, chaired a review meeting with heads of Public Sector Banks (PSBs), in New Delhi today. The review mee… Read More