Mudra scheme: Loans sanctioned, disbursed to micro, small businesses in FY22 lowest in four years

Credit and Finance for MSMEs: The number of loans sanctioned to micro and small enterprises (MSEs) under Pradhan Mantri Mudra Yojana (PMMY) has slipped below 5 crores in the financial year 2021-22, the lowest in the past four years, official data showed. 4.89 crore loans amounting to Rs 3,10,563.84 crore were sanctioned in FY22 out of which Rs 3,02,948.49 crore loans were disbursed. The amount sanctioned and disbursed in FY22 was also the lowest during the period, according to the data from the Mudra portal.

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