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A DECADE OF GROWTH WITH PM MUDRA YOJANA

The Global Kashmir

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April 08, 2025

New Delhi 07 Apr 2025 : On April 8, 2025, India marks 10 years of the Pradhan Mantri Mudra Yojana (PMMY). Pradhan Mantri Mudra Yojana (PMMY) is the flagship programme of the Prime Minister aimed at Funding the Unfunded Micro enterprises and Small businesses. By enjoying the burden of cluttering and simplifying access, MUDRA laid the foundation for a new era of grassroots entrepreneurship.

Across the country, lives have transformed. Kamlesh, a home-based tailor in Delhi, expanded her work, employed three other women, and enrolled her children in a good school. Bindu, who began with 50 brooms a day, now leads a unit producing 500. These are not exceptions anymore. They reflect a larger shift.

From stitching units and tea stalls to salons, mechanic shops and mobile repair businesses, crores of micro-entrepreneurs have stepped forward with confidence, enabled by a system that believed in their potential. PMMY has supported these journeys by offering non-farm micro and small enterprises that form the backbone of India's economy.

At its core, the MUDRA Yojana is an act of trust in people's aspirations and in their ability to build. Trust in the belief that even the smallest dreams deserve a platform to grow.

Achievements under Pradhan Mantri Mudra Yojana Since its launch in April 2015, the Pradhan Mantri Mudra Yojana (PMMY) has sanctioned over 47 crore loans worth 27.22 lakh crore, fuelling a nationwide entrepreneurial revolution. Business growth is no longer confined to big cities—it is spreading to small towns and villages, where first-time entrepreneurs are taking charge of their destinies. The shift in mindset is evident; people are no longer job seekers; they are becoming job creators.

MSME Credit Boom: A Stronger Business Ecosystem

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