April 8, 2026 4:06 PM
Pradhan Mantri Mudra Yojana Marks 11 Years, ₹40.07 Lakh Crore Loans Sanctioned
The Pradhan Mantri MUDRA Yojana (PMMY) was launched on April 8, 2015, by Prime Minister Narendra Modi to improve access to credit for small and micro businesses. It provides collateral-free loans to entrepreneurs in non-farm sectors, helping them start or expand their ventures and promoting financial inclusion. 1. What is the Pradhan Mantri MUDRA Yojana (PMMY)? PMMY is a government initiative aimed at providing easy access to credit for small and micro enterprises. It offers loans without coll...