A Study on the Impact of Mudra Scheme in Development of Entrepreneurs

Author(s)	Mr. SANTOSH KUMAR, Dr. L B PALIWAR
Country	India
Abstract	For development of any country, it is essential to develop their industrial sector. India is one of the most populated country in the world, where it can be seen that day by day the labour supply is increasing which is not proportionate with the demand of labour due to technological advancement resulting in a very serious problem of unemployment. Government is trying hard to overcome this problem of unemployment. To boost self employment various schemes are being launched by the government. But the basic question which arises for self-employment is from where to get money for starting any business. To tackle this question on April 8, 2015 Hon'ble Prime Minister Shri Narendra Modi launched a yojana namely Pradhan Mantri Mudra Yojana (PMMY) to boost self-employment and to cope- up with the problems of finance of small and middle entrepreneurs. Under Mudra yojana a provision was established to provide loans to non-agricultural micro and small industries and to non-corporate upto 10 lacs limit. Over the passing years, PMMY has gained popularity. Thus, this paper aimed to study the detailed concept of Mudra yojana and financial benefits availed by small entrepreneurs.
Keywords	Pradhan Mantri Mudra Yojana (PMMY), Small Entrepreneurs, Loan Benefits
Published In	Volume 7, Issue 4, July-August 2025
Published On	2025-07-18
DOI	https://doi.org/10.36948/ijfmr.2025.v07i04.50665
Short DOI	https://doi.org/g9tz2r

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