Pradhan Mantri Mudra Yojana

It was launched in 2015 with the objective of increasing the entrepreneurial activity of existing small business and encouraging first generation entrepreneurs. It does so by providing loans to small entrepreneurs.

Features: 3 types of loans are offered under MUDRA yojana-

MUDRA Agency

  • MUDRA (Micro Units Development & Refinance Agency) Ltd. was set up by the Government of India as a wholly owned subsidiary of Small Industries Development Bank of India (SIDBI).
  • This Agency would be responsible for developing and refinancing all Micro-enterprises sector by
  • supporting the finance Institutions which are in the business of ....
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