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The MUDRA banks were set up under the Pradhan Mantri MUDRA Yojana scheme. It will provide its services to small entrepreneurs outside the service area of regular banks, by using last mile agents. About 5.77 crore (57.6 million) small business have been identified as target clients using the NSSO survey of 2013. Only 4% of these businesses get ...
PM Mudra Yojana (PM Micro Units Development and Refinance Agency Scheme) CS MoF: 2015 Financing MUDRA is a financial institution for funding small businesses. [58] 34,42,00,000 beneficiaries have received ₹ 18.6 lakh crore (equivalent to ₹ 21 trillion or US$240 billion in 2023). [59] New entrepreneurs consist 22% of the beneficiaries. [60]
in June 2015 under his premiership MoHUA started PM Awas Yojana with an aim to provide affordable Houses by giving financial assistance. Under PMAY, it is proposed to build 2 crore houses for poor including Economically Weaker Sections and Low Income Groups by the year 2022 through a financial assistance of ₹2 lakh crore (US$25 billion) from ...
Pradhan Mantri Jan Dhan Yojana (transl. Prime Minister's Public Finance Scheme) is a financial inclusion program of the Government of India open to Indian citizens (minors of age 10 and older can also open an account with a guardian to manage it), that aims to expand affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions.
There, he helped in driving landmark initiatives such as PM Mudra Yojana, Social Security Platform, devising the Indradhanush package for public sector banks, launching the India Aspiration Fund to promote entrepreneurship, and strengthening India's capital markets. [19]
Pradhan Mantri Ujjwala Yojana (PMUY, translation: Prime Minister's Lightening Scheme) was launched by Prime Minister of India Narendra Modi on 1 May 2016 to distribute 50 million LPG connections to women of Below Poverty Line (BPL) families. [1] [2] [3] A budgetary allocation of ₹ 80 billion (US$940 million) was made for the scheme.
December 16, 2024 at 5:04 PM. 6 Healthy Reasons to Try Dry January Christoph Wagner / Getty Images "Hearst Magazines and Yahoo may earn commission or revenue on some items through these links."
Stand-Up India was launched by the Government of India on 5 April 2016 to support entrepreneurship among women and SC & ST communities. Stand Up India Loan Scheme is a government initiative launched by the Government of India in 2016 to promote entrepreneurship and facilitate bank loans to Scheduled Caste (SC) / Scheduled Tribe (ST) and women entrepreneurs in the country.