Brief by Shorts91NewsDesk / 04:40am on 08 Apr 2025,Tuesday India
Prime Minister Narendra Modi recently engaged with over 100 beneficiaries of the Pradhan Mantri Mudra Yojana (PMMY), reflecting on the scheme's decade-long impact. Since its inception in 2015, PMMY has disbursed loans totaling ₹32 lakh crore to support non-corporate, non-farm small/micro enterprises. Notably, 74% of these loans have been sanctioned to women entrepreneurs, and 55% to individuals from SC/ST and OBC categories. Beneficiaries shared transformative stories, such as Kiran Kumari from Jharkhand, who expanded her toy business, and Munirabanu Malek from Gujarat, who now earns ₹25,000 monthly driving an auto-rickshaw. PM Modi emphasized that PMMY has liberated entrepreneurs from exploitative moneylenders, fostering self-reliance and economic empowerment across marginalized communities. (PC: UxDT & Mint)
