PMMY | DD News

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...

June 9, 2025 4:24 PM

11 years of Modi govt: PMMY empowers over 52.5 crore entrepreneurs with Mudra Loans

In a remarkable push towards inclusive financial empowerment, the Pradhan Mantri MUDRA Yojana (PMMY) has sanctioned over ₹33.65 lakh crore in loans to more than 52.5 crore small and micro-entrepreneurs over the last eleven years — more than the combined population of the USA, Russia, and Australia. Launched in 2015 by Prime Minister Narendra Modi with the vision of “Funding the Unfunded,” PMMY has become a game-changer for first-time entrepreneurs, especially from marginalized communiti...

April 2, 2025 12:47 PM

PMMY boosts Women’s Financial Empowerment at the grassroots: SBI report

The Pradhan Mantri Mudra Yojana (PMMY) has emerged as a powerful tool for women’s financial empowerment, with women accounting for 68% of the scheme’s 52 crore beneficiaries, according to a report by the State Bank of India’s (SBI) Economic Research Department released on Wednesday. Over the last nine fiscals (FY16 to FY25), the per-woman PMMY loan disbursement grew at a CAGR of 13%, reaching Rs. 62,679, while incremental deposits per woman rose by 14% CAGR to Rs. 95,269, highlighting the...