Pradhan Mantri Mudra Yojana

April 8, 2026 11:14 AM

Mudra Yojana completes 11 years; PM Modi says scheme aided youth self-employment

Prime Minister Narendra Modi on Wednesday lauded the success of the Pradhan Mantri Mudra Yojana (PMMY) as the scheme completed 11 years since its launch, saying it has played a significant role in promoting self-employment among the youth. In a post on X, the PM said: “The Pradhan Mantri Mudra Yojana, launched exactly 11 years ago, has proven to be very helpful in promoting self-employment among the youth. The success of the scheme shows that when given the right opportunities, individuals ca...

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...

July 28, 2025 4:27 PM

Women’s participation in formal workforce rises by 18.4% in four years: minister

The participation of women in India’s formal workforce has witnessed a notable increase, with the estimated Labour Force Participation Rate (LFPR) for females aged 15 years and above rising from 23.3% in 2019-20 to 41.7% in 2023-24, marking a growth of 18.4 percentage points, Parliament was informed on Monday. Minister of State for Labour and Employment Shobha Karandlaje, in a written reply to a question in the Lok Sabha, said the latest EPFO (Employees’ Provident Fund Organisation) payroll...

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 8, 2025 12:00 PM

Celebrating 10 years of MUDRA, PM Modi emphasizes financial inclusion and social empowerment

As India celebrates the 10th anniversary of the Pradhan Mantri MUDRA Yojana (PMMY), Prime Minister Narendra Modi extended his heartfelt congratulations to the beneficiaries of the scheme, highlighting its transformative impact on millions of lives across the country. In a series of post on X, the Prime Minister expressed his pride in the success of MUDRA, which has played a pivotal role in empowering marginalized communities, fostering entrepreneurship, and driving inclusive economic growth in I...

April 8, 2025 10:05 AM

A Decade of Opportunity: MUDRA turns ten, dreams turn into reality

The Pradhan Mantri Mudra Yojana (PMMY), launched on April 8, 2015, by the Narendra Modi Government, has emerged as a transformative force in India’s economic landscape, addressing long-standing gaps in financial inclusion and empowering micro, small, and medium enterprises (MSMEs) to drive socioeconomic change. Over the past decade, this scheme has sanctioned over 52.07 crore loans amounting to Rs. 33.19 lakh crore, with Rs. 32.40 lakh crore disbursed as of February 2025, according to data fr...