news

11 Years of Pradhan Mantri MUDRA Yojana: Empowering India's Micro-Entrepreneurs

Official Press

Official Press

Share

The Pradhan Mantri MUDRA Yojana (PMMY) has been instrumental in empowering over 57 crore micro-entrepreneurs in India with collateral-free loans totaling ₹40.07 lakh crore over the past 11 years. The scheme has significantly boosted financial inclusion and supported grassroots entrepreneurship as 60% of loans are disbursed to women, and 21% target new entrepreneurs. The introduction of four loan categories - Shishu, Kishor, Tarun, and Tarun Plus - tailors to various stages of enterprise growth. By integrating technology and government-backed schemes, PMMY has set a strong foundation for inclusive growth and development of micro-enterprises across the country.

Source: Original Link

Read more

APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link