Thursday, Mar 28, 2024 | Last Update : 10:15 PM IST

  India   All India  29 May 2018  Banks have given Rs 6 lakh Cr Mudra loans to 12 Cr beneficiaries: PM Modi

Banks have given Rs 6 lakh Cr Mudra loans to 12 Cr beneficiaries: PM Modi

PTI
Published : May 29, 2018, 11:51 am IST
Updated : May 29, 2018, 12:04 pm IST

Modi said 74 per cent, or 9 crore, borrowers are women and 55 per cent belong to the SC/ST and OBC category.

Pradhan Mantri Mudra Yojana (PMMY) was launched by the Prime Minister on April 8, 2015, for providing loans of up to Rs 10 lakh to the non-corporate, non-farm small/micro enterprises. (Photo: ANI | Twitter)
 Pradhan Mantri Mudra Yojana (PMMY) was launched by the Prime Minister on April 8, 2015, for providing loans of up to Rs 10 lakh to the non-corporate, non-farm small/micro enterprises. (Photo: ANI | Twitter)

New Delhi: As part of government’s scheme of funding the unfunded, Prime Minister Narendra Modi said on Tuesday banks and financial institutions have given Rs 6 lakh crore to 12 crore beneficiaries.

“Out of the 12 crore beneficiaries, 28 per cent or 3.25 crore are first-time entrepreneurs,” he said in his interaction with beneficiaries of this scheme.

He also said 74 per cent, or 9 crore, borrowers are women and 55 per cent belong to the SC/ST and OBC category.

Pradhan Mantri Mudra Yojana (PMMY) was launched by the Prime Minister on April 8, 2015, for providing loans of up to Rs 10 lakh to the non-corporate, non-farm small/micro enterprises.

Tags: narendra modi, sc/st category, pradhan mantri mudra yojana
Location: India, Delhi, New Delhi