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Maharashtra Government successfully succeeded in implementing MUDRA scheme: Details



Maharashtra Government successfully succeeded in implementing MUDRA scheme: Details, Highlights

Maharashtra government has succeeded in efficiently implementing MUDRA scheme, an ambitious scheme of the Centre. Over 80 Lakh persons have got sanctioned loans under the scheme in the last three years. 

Maharashtra stands at the fourth position in terms of availing and utilising the ‘Mudra’ loan scheme in the country. In the past three years, the Maharashtra government has disbursed 36 thousand 156 crore loans to micro-enterprises. 

The Mudra loan scheme is also helping a lot in generating new jobs in Maharashtra. Under this scheme, almost 60 percent loan amount went to women who started their small business. Apart, the tribal and backward, scheduled caste and Muslim women have also availed the loan facility in fairly large numbers.

About MUDRA Loan Scheme

MUDRA is a new institution set up by Government of India to provide funding to the non-corporate, non-farm sector income generating activities of micro and small enterprises whose credit needs are below ₹10 Lakh.

Under the shed of Pradhan Mantri MUDRA Yojana (PMMY), MUDRA has created three products i.e. Loans upto ` 50,000/- (Shishu); Loans from ` 50,001 to 5 lakh (Kishore) and Loans from 5,00,001/- to 10 lakh (Tarun).

Mudra loan under PMMY is available at all bank branches across in India.


Formation: 1 May 1960 (Maharashtra Day)

Capitals: Mumbai, Nagpur

Districts: 36

Official Language: Marathi

Governor: C. Vidyasagar Rao

Chief Minister: Devendra Fadnavis


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