Pradhan Mantri Mudra Yojana Empowering Small Businesses
In India, unemployment is the biggest challenge for the Government and to improve the figure, the Government has started various schemes and one of such is the Pradhan Mantri Mudra Yojana. The beneficiaries of this scheme are entrepreneur, non-corporate, non-farmer and the youth who wanted to go for the startup. Under this scheme, the borrower can avail the loan up to Rs 10 lakh from private banks, public sector banks, NBFC, Microfinance institute, and Foreign Banks.
01 Aug 20194 min read