Pradhan Mantri MUDRA Yojana generates 5.5 crore jobs, says report

Pradhan Mantri MUDRA Yojana generates 5.5 crore jobs, says report

The Pradhan Mantri MUDRA Yojana (PMMY), which provides access to institutional finance to small business units, has helped in creating 5.5 crore jobs.

According to a report, industrialised states like Karnataka, Tamil Nadu and Maharashtra have been the biggest beneficiaries of the PMMY.

The report by a think tank SKOCH said in New Delhi today that ,so far, Rs 3.42 lakh crore loan has been disbursed to over 8 crore people under the scheme, mostly small entrepreneurs.

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