Loans Of 1.25 Lakh Crores Sanctioned Under Mudra Yojana

As many as 3.30 lakh people have been disbursed loans totaling 1.25 lakh crores under the Pradhan Mantri Mudra yojana, Prime Minister Narendra Modi said.

Loans Of 1.25 Lakh Crores Sanctioned Under Mudra Yojana
"3.30 lakh people have got loans under this scheme. Rs.1.25 lakh crore have been disbursed," Modi said while addressing an election rally.

The PM Mudra Yojana under the Micro Units Development and Refinance Agency (MUDRA) Bank was launched last year for development and refinancing activities relating to micro units.

The scheme was announced by Finance Minister Arun Jaitley in his budget for 2015-16.

Read more about: narendra modi
Story first published: Monday, March 28, 2016, 12:30 [IST]
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