Government scheme: Government gives loan up to ten lakh rupees to these people, this is the scheme
Today we are going to give you information about PM Mudra Yojana, about which very few people will know. Finance Minister Nirmala Sitharaman also gave information about this scheme in her budget speech.
Pradhan Mantri Mudra Yojana (PMMY) was launched to provide loans up to Rs 10 lakh to non-corporate, non-agriculture micro/small enterprises. People involved in small business can avail benefits under this scheme which was launched on 8th April 2015. Through this scheme, help is provided by the Central Government to small businessmen for their financial expenses and to expand their business.
Under this scheme of the Central Government, loans are given in three ways. One can avail loan under Shishu, Kishor and Tarun. A person can get a loan of Rs 50 thousand under Shishu Yojana, Rs 50 thousand to Rs 5 lakh under Kishore Yojana and Rs 5 lakh to Rs 10 lakh under Kishore Yojana.
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