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The Pradhan Mantri Mudra Yojana (PMMY) was launched on 8th April 2015 by Prime Minister Narendra Modi for the support of small and micro-business owners in India.

Ten Years of Pradhan Mantri Mudra Yojana

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The Finance Minister announced in the Union Budget 2024-25 that the limit of Mudra loans under the PMMY has been increased from Rs.10 lakh to Rs.20 lakh.

Govt doubled Pradhan Mantri Mudra Yojana Loan limit to Rs.20 Lakh as per Budget Announcement

News

Out of a total of 44.46 crore loans sanctioned under Pradhan Mantri Mudra Yojana (PMMY), 30.64 crore (69%) have been sanctioned to women as of November 24, 2023.

69% out of Total 44.46 Crore Loans sanctioned to Women under Pradhan Mantri Mudra Yojana

During the last 5 FY, from April 1, 2018, to March 31, 2023, over 28.89 crore loans with a sanctioned amount of Rs.17.77 lakh crore were granted under PMMY.

28.89 Crore Loans worth Rs. 17.77 Lakh Crore extended under PMMY

More than 38.58 crore loans have been provided since Scheme's commencement in April 2015. Almost 26.35 crore loans were issued to women entrepreneurs (68%) while 19.84 crore loans were extended to SC/ST/OBC borrowers (51%).

Pradhan Mantri Mudra Yojana: 38.58 crore Loans Extended Since Inception of PMMY

Over 32.53 Crore Loans with Sanctioned Amount of Rs.17.32 lakh Crore Extended under PMMY Since Inception

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