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Ministry of Labour & Employment Says 20.84 Crore Accounts Totalling Rs 10.24 lakh Crore Sanctioned Under Mudra Yojana So Far

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Capital Market
Under the Pradhan Mantri Mudra Yojana (PMMY), 20.84 crore loan accounts totalling an amount of Rs 10.24 lakh crore have been sanctioned upto 01.11.2019. As per the findings of the PMMY survey conducted by Labour Bureau, an attached office of the Ministry of Labour & Employment, around 5 crore persons (3.1 crore self-employed and 1.95 crore hired workers) were working in establishments for which MUDRA loans were availed between April, 2015 to March, 2018. The findings of the survey reveal that these loans enabled beneficiaries to sustain the economic activities they were engaged in. This information was given by Santosh Kumar Gangwar, Minister of State (I/C) for Labour and Employment in written reply to a question in Lok Sabha.

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First Published: Dec 10 2019 | 2:26 PM IST

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