8 years of Modi govt: 35 crores Mudra loans sanctioned, 23 crore women beneficiaries
Credit and Finance to MSMEs: T he number of Mudra loans sanctioned to self-employed individuals and MSME entrepreneurs over the past eight years (May 2014 – May 2022) of the Modi government in office stood at 35 crores while the number of women beneficiaries of the scheme was 23 crore, according to the data shared by MSME Minister Narayan Rane. The minister tweeted the data in two separate posts on Twitter highlighting the steps taken by the government so far to promote entrepreneurship. The number of Mudra loans sanctioned to women entrepreneurs amounted to Rs 8 lakh crore.
Mudra scheme was launched by Prime Minister Narendra Modi in 2015 to benefit micro-enterprises, which are generally proprietary concerns, and individual businesses at the bottom of the entrepreneurial pyramid seeking loans up to Rs 10 lakh.