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The limits of loan melas
Loan melas might be held from next month with an eye to push spending but would it raise aggregate demand in the economy as jobs would?
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Disbursal of MUDRA loans down 50% in first half of FY22
Total loan amount sanctioned in fiscal year 2021-22 stood at Rs 1.07 lakh crore until September 30.
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MUDRA loan of Rs 401 crore disbursed every day between April 1 and July 16
Designed to encourage entrepreneurship, these loans have three categories ‘Sishu’, ‘Kishore’ and ‘Tarun’
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Wealth inequality lessons for post-Covid times
With wealth inequality rising, India’s policymakers should incentivise the unorganised sector that employs most of India’s labour force.
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Rs 225.2 crore MUDRA loans disbursed every day since April 1
Once the second wave is over, the government is planning to make MUDRA loans more robust and accessible to the common people
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MUDRA loan disbursement likely to rise after lockdowns ease
MUDRA loans were launched to boost grassroots-level entrepreneurship and self-employment in the country
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COVID-19 impact | MUDRA loans witness a fall of 21% in FY21
Officials look forward to a revival in demand in FY22 when the economy is expected to grow in double digits
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Banks sanction Rs 15 lakh crore under Mudra Yojana in last six years
The Finance Ministry said that 4.20 crore PMMY loans were sanctioned in 2020-21, and Rs 2.66 lakh crore was allocated in 2020-21 as on March 19, 2021
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Tackling COVID-19 blues: Loans sanctioned under Mudra likely to match last fiscal figures
In 2015-16, the government announced the PMMY to ensure access to credit for small firms, boost entrepreneurship and promote financial inclusion
