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

Pradhan Mantri Mudra Yojana: 38.58 crore Loans Extended Since Inception of 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%).

38.58 crore Loans Disbursed under PMMY

authorReetudateMar 14, 2023
Last update on 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). To Know the District-wise and State/UT-wise details of loans disbursed under the Scheme- Click Here

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Reetu is a Content Writer with 4+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM (Honrs.) Graduate.
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