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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

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

Pradhan Mantri Mudra Yojana: Rs.9.98 lakh crore sanctioned to 16.67 crore loan accounts in 3 years

More than 34.42 crore Loan accounts totaling Rs.18.60 lakh crore opened since launch of Pradhan Mantri Mudra Yojana

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