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Mudra loan empowering countless individuals to showcase their entrepreneurial skills: PM

  • More than Rs 33 lakh crore of collateral-free loans have been sanctioned under Mudra Yojana, empowering individuals to showcase entrepreneurial skills.
  • Mudra Yojana has promoted the spirit of entrepreneurship, given confidence to become job providers, and ensured social inclusion and economic freedom.
  • 50% of Mudra beneficiaries belong to SC, ST, and OBC communities, and over 70% are women who have shown high loan repayment rates.
  • Prime Minister assured the government's commitment to reviewing and improving the scheme, focusing on providing access to credit for aspiring entrepreneurs.

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