NEW DELHI – Union Home Minister Amit Shah celebrated the 11th anniversary of the Pradhan Mantri Mudra Yojana (PMMY), characterizing the scheme as a revolutionary tool that has redefined self-employment and small-scale industry in India.
Decade of Delivery
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Massive Disbursement: Over ₹40 lakh crore has been funneled into the economy through 58 crore loans since the scheme began 11 years ago.
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Women at the Forefront: Shah highlighted that 2 out of every 3 Mudra loans have been granted to women, calling it a historic milestone for gender-led self-reliance.
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Youth Reach: The initiative has empowered 12 crore young entrepreneurs, providing them with the collateral-free capital necessary to drive the “Atmanirbhar Bharat” mission.
Economic Vision
The Home Minister emphasized that by removing financial barriers for small traders and startups, the government has created a robust ecosystem for job creation. He noted that these 11 years of MUDRA have provided “new strength” to the nation’s journey toward becoming a developed economy by the 2026-27 period.
