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Centre Likely to Set Mudra Loans Target for FY26 at ₹5-6L cr
Financial Express Hyderabad
|April 08, 2025
THE CENTRE MAY set a target between ₹5-6 lakh crore in 2025-26 for loans under the Pradhan Mantri Mudra Yojana (PMMY) compared with ₹5 lakh crore in 2024-25.
The PMMY was launched on April 8, 2015 by Prime Minister Narendra Modi to provide collateral-free institutional credit of up to ₹20 lakh through member lending institutions.
Since the inception of the scheme, over 523.7 million loans amounting to ₹33.65 lakh crore have been sanctioned, with approximately 20% of the loans to new entrepreneurs or accounts, financial services secretary M Nagaraju said. The total disbursements are around ₹33 lakh crore.
यह कहानी Financial Express Hyderabad के April 08, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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