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PM lauds MUDRA scheme on its 8th anniv

BNE News Desk , April 10, 2023
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New Delhi: Prime Minister Narendra Modi has lauded the Micro Unit Development and Refinance Agency (MUDRA) Yojana on its completion of eight years.

In response to a series of tweets by MyGovIndia, Modi said MUDRA has played a vital role in funding the unfunded and ensuring a life of dignity as well as prosperity for countless Indians.

“Today, as we mark #8YearsOfMudraYojana, I salute the entrepreneurial zeal of all those who benefitted from it and became wealth creators,” he said.

MUDRA has so far approved more than Rs 40.8 crore loans with a total of Rs 23 lakh crore rupees.

According to Finance Minister Nirmala Sitharaman, the programme has made it simple and hassle-free for micro-enterprises to acquire finance and has assisted a significant number of young entrepreneurs in starting their businesses.

Mudra has contributed to the creation of numerous job possibilities at the community level and has also shown to be a game-changer in terms of advancing the Indian economy.

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