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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 ...
Multi-pronged scheme focusing on improving agricultural productivity through irrigation support and better practices. In 2022 financial outlay is ₹ 10,954 crore (equivalent to ₹ 120 billion or US$1.4 billion in 2023). [7] Part of Rashtriya Krishi Vikas Yojna. PM Mudra Yojana (PM Micro Units Development and Refinance Agency Scheme) CS MoF: 2015
Micro Units Development & Refinance Agency (MUDRA) – for 'funding the unfunded' micro enterprises in the country; Receivable Exchange of India Ltd. (RXIL) [20] to enable faster realisation of receivables by MSMEs; SMERA Ratings Limited (SMERA) [19] – for credit rating of MSMEs, renamed as Acuite Ratings & Research Limited.; [21]
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 scheme has failed to improve the economic prosperity across states. "Poor usage of financial services" and "a rise in the number of dormant accounts" have been cited as the limitations of the scheme, with 30% of accounts remaining dormant. [66] Modi government launched the Pradhan Mantri Mudra Yojana (PMMY) in April 2015.
Hundreds of migrants waited in long lines outside an immigration office in southern Mexico on Monday, hoping to secure safe passage north and enter the U.S. legally before President-elect Donald ...
From January 2008 to December 2012, if you bought shares in companies when M. Christine Jacobs joined the board, and sold them when she left, you would have a 48.7 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
Just like kids, animals often times do things we don't expect them to do or do the exact opposite of what they're told. Wesley is a horse with a big personality.