Don’t miss the latest developments in business and finance.

Over Rs 10 lakh cr loans sanctioned under MUDRA Yojana

Image
Press Trust of India New Delhi
Last Updated : Dec 09 2019 | 8:10 PM IST

The government on Monday said more than Rs 10 lakh crore have been disbursed under the Pradhan Mantri Mudra Yojana till November 1, 2019.

The PMMY is a scheme launched by the prime minister on April 8, 2015, for providing loans up to Rs 10 lakh to non-corporate, non-farm small/micro enterprises.

"Under the Pradhan Mantri Mudra Yojana (PMMY), 20.84 crore loan accounts totalling an amount of Rs 10.24 lakh crore have been sanctioned up to November 1, 2019," Minister of State (IC) for Labour and Employment Santosh Kumar Gangwar said in a written reply to the Lok Sabha.

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Dec 09 2019 | 8:10 PM IST

Next Story