“PMMY enabling flow of credit to growing number of beneficiaries to credit-starved ‘aspirational districts’”: MoS Finance
Admin
Apr 8, 2022 11:20
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As we celebrate the 7th anniversary of providing financial inclusion through the pillars of Pradhan Mantri MUDRA Yojana (PMMY), let us glance through some of the major aspects of this Scheme and its achievements.PMMY was launched by the Prime Minister Shri Narendra Modi on 8th April, 2015, for providing loans up to Rs. 10 Lakh to the non-corporate, non-farm small/micro enterprises.While celebrating the 7th anniversary of the Scheme, Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman said, “It is noteworthy that more than 34.42 crore loan accounts amounting to Rs.18.60 lakh crore have been opened under the Scheme for the creation of income generating activities.”
