Published on: August 6, 2021

PM MUDRA YOJANA

PM MUDRA YOJANA

priligy purchase uk What is in news : Central government has set loans disbursement target under PM Mudra Yojana (PMMY) at Rs 3 trillion for financial year 2021-2022.

Misoprostol available at health department About PM MUDRA

  • Launched in April, 2015. The scheme’s objective is to refinance collateral-free loans given by the lenders to small borrowers.
  • Banks and MFIs can draw refinance under the MUDRA Scheme after becoming member-lending institutions of MUDRA.
  • Mudra Loans are available for non-agricultural activities upto Rs. 10 lakh and activities allied to agriculture such as Dairy, Poultry, Bee Keeping etc, are also covered.
  • Mudra’s unique features include a Mudra Card which permits access to Working Capital through ATMs and Card Machines.