Overview

• Prime Minister Narendra Modi announced that Mudra Yojana has sanctioned over ₹33 lakh crore in collateral-free loans since its launch in 2015.
• The scheme has fostered entrepreneurship, helping individuals transition from job seekers to job creators, particularly among the youth.
• More than 70% of beneficiaries are women, with half coming from SC, ST, and OBC communities, highlighting its focus on social inclusion.
• Loans under the scheme are offered in four categories—Shishu, Kishore, Tarun, and Tarun-Plus—tailored to meet diverse entrepreneurial needs.
• The government remains committed to refining the scheme by incorporating direct feedback from beneficiaries to ensure its continued effectiveness and inclusivity.