Over 5 lakh loan applications worth Rs 10,907 crore sanctioned under PM Surya Ghar Muft Bijli Yojana

October 7, 2025 5:55 PM

Over 5 lakh loan applications worth Rs 10,907 crore sanctioned under PM Surya Ghar Muft Bijli Yojana

The PM Surya Ghar Muft Bijli Yojana (PMSGMBY) has crossed a milestone in promoting household adoption of solar energy, with Public Sector Banks (PSBs) sanctioning over 5.79 lakh loan applications amounting to ₹10,907 crore as of September 2025. The achievement underscores the government’s continued push to make clean, affordable, and self-sustaining power accessible to citizens across the country. The PMSGMBY scheme, launched to encourage rooftop solar installations, is being implemented wi...

About 54 crore loans worth over Rs 35 lakh crore sanctioned under MUDRA scheme: Centre

August 4, 2025 9:32 PM

About 54 crore loans worth over Rs 35 lakh crore sanctioned under MUDRA scheme: Centre

Since its inception, 53.85 crore loans amounting to over ₹35.13 lakh crore have been sanctioned under the Pradhan Mantri MUDRA Yojana (PMMY), the government informed Parliament on Monday. The PMMY scheme provides collateral-free credit of up to ₹20 lakh to micro and small enterprises, thereby enabling self-employment and income generation. Additionally, the launch of the Pradhan Mantri Jan Dhan Yojana (PMJDY) in August 2014 has been a significant step towards financial inclusion, facilitat...