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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]
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.
The Prime Minister's Farmer Income Protection Scheme (Hindi: प्रधानमंत्री अन्नदाता आय संरक्षण ...
Pradhan Mantri Awas Yojana (PMAY) is a credit-linked subsidy scheme by the Government of India to facilitate access to affordable housing for the low and moderate-income residents of the country. It envisaged a target of building 2 crore (20 million) affordable houses by 31 March 2022.
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$920 million) was
The PMGSY is under the authority of the Ministry of Rural Development and was begun on 25 December 2000. [6] It is fully funded by the central government. During November 2015, following the recommendations of the 14th Finance Commission, the Sub-Group of Chief Ministers on Rationalization of Centrally Sponsored Schemes, it was announced that the project will be funded by both the central ...
The training given to the youth under the Pradhan Mantri Kaushal Vikas Yojana is free. [5] An outlay of ₹ 120 billion (US$1.4 billion) has been approved by the cabinet for this project. [6] The scheme has a target to train 1 crore Indian youth from 2016-20. [6]