Over Rs 32 lakh crore disbursed under PM Mudra Yojana since 2015: Finance Minister

March 17, 2026 5:58 PM

Over Rs 32 lakh crore disbursed under PM Mudra Yojana since 2015: Finance Minister

Finance Minister Nirmala Sitharaman on Tuesday reaffirmed the role of the Pradhan Mantri Mudra Yojana (PMMY) in supporting small entrepreneurs by providing collateral-free loans, enabling millions to start and expand businesses without the need for guarantees. Replying to a question in the Rajya Sabha, the Finance Minister said the scheme continues to promote financial inclusion, particularly among micro and small enterprises in the non-corporate, non-farm sector. Under PMMY, loans are extende...

PM MUDRA Yojana completes 10 years; over ₹32.6 lakh crore loans sanctioned since 2015

April 7, 2025 10:04 PM

PM MUDRA Yojana completes 10 years; over ₹32.6 lakh crore loans sanctioned since 2015

India on Tuesday completes a decade since the launch of the Pradhan Mantri Mudra Yojana (PMMY), the flagship credit support initiative aimed at providing institutional finance to non-corporate, non-farm micro and small enterprises. Since its launch on April 8, 2015, the scheme has sanctioned more than 52 crore loans worth ₹32.61 lakh crore, according to official data. The average loan size has grown from ₹38,000 in FY16 to ₹1.02 lakh in FY25, reflecting increased demand for higher-value l...