Over Rs 1 lakh crore disbursed under MUDRA Yojana

Posted on:17 Mar 2016 09:27:52
Over Rs 1 lakh crore disbursed under MUDRA Yojana
17 March 2016 Current Affairs: Loans worth Rs 1.09 lakh crore have been given to small entrepreneurs under the Pradhan Mantri MUDRA Yojana. the Rajya Sabha, Minister of State for Finance Jayant Sinha said loans worth over Rs 1.09 lakh crore were given to over 2.96 crore beneficiaries. Under Pradhan Mantri MUDRA Yojana, which was launched in April last year, loans between Rs 50,000 and Rs 10 lakh are provided to small entrepreneurs. The Micro Units Development and Refinance Agency Ltd (MUDRA) focuses on the 5.75 crore self-employed who deploy funds totaling Rs 11 lakh crore and provide jobs to 12 crore people. The banking sector has been allocated an overall disbursement target of about Rs 1.22 lakh crore during 2015-16 for MUDRA loans. 

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs November 2017

23 NOVEMBER
NEWS
22 NOVEMBER
NEWS
21 NOVEMBER
NEWS
20 NOVEMBER
NEWS

Current Affairs October 2017

31 OCTOBER
NEWS
30 OCTOBER
NEWS
29 OCTOBER
NEWS
28 OCTOBER
NEWS

Current Affairs September 2017

30 SEPTEMBER
NEWS
28 SEPTEMBER
NEWS
27 SEPTEMBER
NEWS
26 SEPTEMBER
NEWS