SME Times News Bureau | 09 Apr, 2018
Prime Minister Narendra Modi on Sunday said the Mudra Yojana has
given a great impetus to the Micro, Small and Medium Enterprises
"Through Mudra Yojana, the MSME sector is receiving a
substantial impetus. MSME is a sector that is crucial for India's
transformation and our government is undertaking a series of steps
and reforms to facilitate further growth in the sector," Modi
He added it is crucial for the country's transformation.
in 2015, the Pradhan Mantri Mudra Yojana (PMMY) was introduced to
cater to entrepreneurs who were either in their early stage or
require lesser funds in order to get their business running.
scheme completed three years of its launch on Sunday.
On the occasion, Modi tweeted his delight and said that his
government was undertaking a series of steps and reforms to
facilitate further growth in the sector.
He said the Mudra
Yojana was furthering a spirit of enterprise and self-reliance among
youth and women. The scheme was launched for providing loans upto Rs
10 lakh to the non-corporate, non-farm small and micro
"A substantial number of Mudra
beneficiaries are women and youngsters from the Scheduled Caste,
Scheduled Tribes and Other Backward Class communities, which is
extremely heartening," he said.
He said the PMMY was
launched to give wings to the aspirations of citizens and harness the
entrepreneurial energy among youth.
delighted to see how Mudra Yojana has brought prosperity in the lives
The Prime Minister also invited the
beneficiaries of the scheme to share their success stories and said
he would meet some of them at his official residence on April
"Dear friends on social media, do share with me
success stories of Mudra Yojana that you know about. I would love to
meet some of the friends from the world of social media who share
these stories," he said.
"...I look forward to a
special programme!... It would be wonderful to speak to them and
personally hear about their journeys," he said.