• Rajasthan

    Cong 94
    BJP 80
    RLM 0
    OTH 25
  • Madhya Pradesh

    Cong 109
    BJP 110
    BSP 6
    OTH 5
  • Chhattisgarh

    Cong 60
    BJP 21
    JCC 8
    OTH 1
  • Telangana

    TRS-AIMIM 89
    TDP-Cong 22
    BJP 2
    OTH 6
  • Mizoram

    MNF 29
    Cong 6
    BJP 1
    OTH 4

* Total Tally Reflects Leads + Wins

Pradhan Mantri MUDRA Yojana generated massive 5.5 cr jobs, says report

By: | Updated: September 8, 2017 10:42 PM

The Pradhan Mantri MUDRA Yojana, which provides access to institutional finance to small business units, has helped in creating 5.5 crore jobs with industrialised states being major beneficiaries, a report said.

Pradhan Mantri MUDRA Yojana, Pradhan Mantri MUDRA Yojana news, jobs in india, jobs india, job creation in india, mudra yojana, narendra modi, mudra yojana success, job creation in indiaThe MUDRA scheme was launched by Prime Minister Narendra Modi on April 8, 2015 with an objective to fund the unfunded. (Reuters)

The Pradhan Mantri MUDRA Yojana (PMMY), which provides access to institutional finance to small business units, has helped in creating 5.5 crore jobs with industrialised states being major beneficiaries, a report said. Industrialised states like Karnataka, Tamil Nadu and Maharashtra have been the biggest beneficiaries of the PMMY, it said. The MUDRA scheme was launched by Prime Minister Narendra Modi on April 8, 2015 with an objective to fund the unfunded. So far, Rs 3.42 lakh crore loan has been disbursed to over 8 crore people under the scheme, mostly small entrepreneurs, a report by SKOCH said.

Also read | Not jobless, but certainly less-jobs; here is what PM Modi can do to make it better

A substantial number of these people are those who were not involved in any kind of business before. MUDRA loan is available for non-agricultural activities for up to Rs 10 lakh. Activities allied to agriculture, such as dairy, poultry, bee-keeping etc, are also covered.

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