Over 52 crore loans worth more than 32 lakh crore rupees have been sanctioned under Pradhan Mantri Mudra Yojana to date. The scheme was launched in 2015 to provide collateral-free loans of up to ten lakh rupees to non-corporate, non-farm small and micro enterprises, aiming to facilitate financial inclusion and empower entrepreneurs. Under the scheme, three categories of loans are being provided. This includes Shishu loans of up to 50,000 rupees, Kishor loans of up to five lakh rupees and Tarun loans of up to ten lakh rupees.

Addressing the media today in New Delhi, Department of Financial Services Secretary M. Nagaraju today said that the Yojana is completing a decade tomorrow. He said that 68 per cent of Mudra loans have been availed by women entrepreneurs, enhancing their financial independence and contributing to gender equality. He added that the scheme has fostered a sense of self-reliance among marginalised groups by enabling them to sustain their livelihoods through entrepreneurship. SC, ST and OBC entrepreneurs have received over 50 per cent of all Mudra loans.