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Mudra loans cross Rs 40 lakh crore, Nirmala Sitharaman hails MSME credit push | Collector
Mudra loans cross Rs 40 lakh crore, Nirmala Sitharaman hails MSME credit push
Economic Times

Mudra loans cross Rs 40 lakh crore, Nirmala Sitharaman hails MSME credit push

The Pradhan Mantri Mudra Yojana has empowered millions of entrepreneurs. Over 577.9 million loans totaling ₹40.07 lakh crore have been disbursed since its 2015 launch. A significant portion of these loans went to women entrepreneurs, fostering self-reliance. The scheme has democratized access to credit, removing barriers for many individuals previously excluded from formal banking systems.

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