Over Rs 27.75 lakh crore of loans disbursed under MUDRA loan scheme
New Delhi [India], March 19 (ANI): Loans amounting to Rs 27.75 lakh crore have been disbursed under the Pradhan Mantri MUDRA Yojana (PMMY) till date and over 47 crore small and new entrepreneurs have benefitted from the scheme.
The objective of Pradhan Mantri Mudra Yojana (PMMY) is to provide access to institutional finance to new or existing micro unit/enterprise up to Rs 10 lakh.
The number of loans sanctioned under the