Page 41 - NIS English 01-15,April 2023

Mudra Yojana/e-NAM Flagship

PM MUDRA YOJANA: CAPITAL

BASE FOR NEW BUSINESSMEN FARMERS GOT THE RIGHT TO

There was a time when the loan experience of the people SELL PRODUCE ANYWHERE
was very bad. They used to say, “Brother, I have to take THROUGH E-NAM
money only from moneylenders. 24 percent, 30 percent
interest has to be paid." People had become used to The government led by Prime Minister
these things but today the situation is changing. If this Narendra Modi has been working consistently
is possible today, it is because of Pradhan Mantri Mudra and swiftly for the welfare of the farmers.
Yojana whose mantra is to provide funds to those who are National Agriculture Market (e-NAM) is an
not getting funding. Pradhan Mantri Mudra Yojana Loan important step taken in this direction. To
(PMMY) was launched to promote small businessmen benefit farmers and change the way their
and entrepreneurs in the country on a large scale with produce is sold, Prime Minister Narendra
an aim to provide loans up to Rs 10 lakh to needy Modi launched the 'e-NAM' scheme on 14 April
people. Through this scheme, the central government 2016 with 21 mandis in 8 states. Whereas
has created a new belief that if you are working for the transparency has come from this initiative,
country, and participating in its development then the the farmers have also benefited to a great
country will not let you down. Mudra Yojana has created extent. This scheme is a game changer for
such a platform with which small financial facilities the farming community and it is developing
have started. It has been the endeavour of the Central the concept of “One Nation – One Market” for
Government to show concern about the common man the first time in India. Dr. Bhim Rao Ambedkar
and the Pradhan Mantri Mudra Yojana is playing a big dedicated his life to the poor, extremely
role in making the country's economy buoyant. Also, backward classes and farmers, which is why
today it has also become the mantra of success... Prime Minister Narendra Modi decided to open
the National Agriculture Market for farmers
ACHIEVEMENTS UNDER PMMY on the occasion of Babasaheb's 125th birth
anniversary.

Approval under Pradhan Mantri Mudra Yojana
Total market in 22
Number of
Loans disbursed to 22.48 farmers registered states and 3 union
Amount on e-NAM - territories
Loan sanctioned lakh
39.71 crore rupees
crore applicants 1,74,89,327 1260
(Figure as on March 3, 2023)
Registered Traders - FPOs -
n Pradhan Mantri Mudra Yojana has been launched 2,40,500 2,433
with the objective of providing income generation and
employment opportunities in manufacturing, service,
(Figure as on March 3, 2023)
retail, and agriculture.
n Loans are given in three categories in the scheme. n e-NAM is helping farmers in getting better prices,
Shishu – up to Rs 50,000, Kishore – Rs 50,000 to Rs 5 ease of operation, transparency, and empowering
lakh. Tarun – 5 to 10 lakh rupees. citizens through digitization.
n No collateral is required to avail Mudra loan. The n Free to register on the Kisan e-NAM portal. For
maximum tenure for repaying a Mudra loan is 5 years. transparency in weighing, electronic scales can be

n Under the Mudra scheme, shopkeepers, fruit-vegetable used and a BHIM payment facility can be used.
sellers, truck or other vehicle drivers, hotel owners, small- n Farmers can upload their produce for online sale in
scale industries, artisans, and others can apply for loans. e-NAM mandis. Traders can also bid for purchases
n To take advantage of the scheme, one has to follow the under e-NAM from any place.
necessary procedures by visiting the Mudra website.

New India Samachar April 1-15, 2023 39