PMMY

As per data uploaded by Member Lending Institutions (MLIs) on the Mudra portal, additional employment during a period of approximately 3 years (i.e. from 2015 to 2018)

The Ministry of Finance on Monday said that over 37.76 crore loans amounting to over Rs 20.43 lakh crore have been disbursed since the inception of Pradhan Mantri Mudra Yojana (PMMY).

As per data uploaded by Member Lending Institutions (MLIs) on the Mudra portal, additional employment during a period of approximately 3 years (i.e. from 2015 to 2018).

At an overall level, the Shishu category of the loan constitutes about 66 per cent of the share among additional employment generated by establishments owned by MUDRA beneficiaries followed by the Kishore (19 per cent) and Tarun (15 per cent) categories respectively. 

Under PMMY, collateral-free institutional credit up to Rs 10 lakh is provided by Member Lending Institutions (MLIs) i.e. Scheduled Commercial Banks (SCBs), Regional Rural Banks (RRBs), Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs).