Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

28.89 crore loans worth Rs. 17.77 lakh crore extended under Pradhan Mantri Mudra Yojana (PMMY) in last five financial years

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 28.89 crore loans worth Rs. 17.77 lakh crore extended under Pradhan Mantri Mudra Yojana (PMMY) in last five financial years - News and Press Release Dated:- 13-12-2023 - News - 28.89 crore loans worth Rs. 17.77 lakh crore extended under Pradhan Mantri Mudra Yojana (PMMY) in last five financial years - - - Dated:- 13-12-2023 - Women borrowers receive more than 19.22 crore loans worth Rs. 7.93 la .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... kh crore, constituting approx. 67% of total number of loans sanctioned As per data uploaded by Member Lending Institutions (MLIs) on Mudra portal, over 28.89 crore loans involving a sanctioned amount of Rs. 17.77 lakh crore have been extended under Pradhan Mantri Mudra Yojana (PMMY) in the last five financial years , i.e., 01.04.2018 to 31.03.2023. This was stated by Union Minister of State f .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... or Finance Dr. Bhagwat Kisanrao Karad in a written reply to a question in Rajya Sabha. Further, the Minister stated that more than 19.22 crore loans amounting to Rs. 7.93 lakh crore have been extended to women borrowers, constituting approx. 67% of the total number of loans sanctioned under the Scheme. Under Pradhan Mantri Mudra Yojana (PMMY), collateral-free institutional credit up to Rs. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 10 lakh is provided by Member Lending Institutions (MLIs) i.e. Scheduled Commercial Banks (SCBs), Regional Rural Banks (RRBs), Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) to micro/small business units for income generating activities in the manufacturing, trading, services sector and also for activities allied to agriculture. Giving more information, the Minis .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ter stated that the Government has taken various steps towards spreading awareness about PMMY across the country. These, inter-alia , include publicity campaigns through print media, TV, radio jingles, hoardings, town hall meetings, financial literacy and awareness camps, special drive for financial inclusion etc. Banks also undertake publicity through their branches and also through Banking Corr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... espondents (BCs). - - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates