Banks distributed Rs 1.32 lakh cr under Mudra Yojana: Minister

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Hyderabad | May 26, 2016 9:52 PM

Banks have so far distributed Rs 1.32 lakh crore under the NDA government's flagship scheme 'Pradhan Mantri Mudra Yojana' to as many as 3.48 crore beneficiaries, most of them from weaker sections across the country, Union minister Bandaru Dattatreya said today.

MUDRA Bank, Finance Ministry, financial institution, micro and small business entities, micro enterprise, Pradhan Mantri MUDRA Yojana, Financial Services Secretary Hasmukh Adhia, NBFC (MFI), Hasmukh Adhia, SIDBI, Prime Minister Narendra Modi, Narbard, Jiji Memon, lending agencies, micro-financeThe Labour Minister further said that so far 87 lakh youths have been given training in skill development.

Banks have so far distributed Rs 1.32 lakh crore under the NDA government’s flagship scheme ‘Pradhan Mantri Mudra Yojana’ to as many as 3.48 crore beneficiaries, most of them from weaker sections across the country, Union minister Bandaru Dattatreya said today.

“Most of the beneficiaries belong to SC, ST and weaker sections. This is not an ordinary task. Loans worth Rs 1.32 lakh crore were extended by banks to you people (economically weaker sections). So this government is pro-poor government. But Rahul Gandhi (Congress Vice-President) does not accept and understand this,” Dattatreya said in a meeting here organised by Andhra Bank.

He also said under the ‘Prime Minister Jan Dhan Yojna’ as many as 22 crore new bank accounts were opened and the banks have got Rs 32,000 crore towards deposits in those accounts.

The Labour Minister further said that so far 87 lakh youths have been given training in skill development.

“Providing employment to unemployed is on the high priority for our government. In the coming next two years, one crore unemployed (people) will be provided employment opportunity,” he said.

Meanwhile, Andhra Bank said the bank has sanctioned Rs 1,721.19 crore to 2.34 lakh beneficiaries under PMMY.

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