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%).
Reetu | Mar 14, 2023 |
Pradhan Mantri Mudra Yojana: 38.58 crore Loans Extended Since Inception of PMMY
According to statistics submitted by Member Lending Institutions (MLIs) on the Mudra portal as of 27.01.2023, more than 38.58 crore loans have been provided since the 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%). This was mentioned by Union Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written response to a Lok Sabha question.
The Minister also mentioned that the Ministry of Labour and Employment (MoLE) had performed a broad nationwide sample poll to estimate employment generation under PMMY. According to the survey results, PMMY contributed to the creation of 1.12 million net more jobs in the country over a three-year period (i.e. from 2015 to 2018).
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