Page 41 - NIS English 1-15 April, 2026

National Economic Security | NATION

PM Mudra Yojana

Boosting Entrepreneurial Revolution

Since its launch on April 8, 2015, the Pradhan Mantri Mudra Yojana has fostered an entrepreneurship
revolution across the country. It has strengthened the power of financial inclusion and grassroots innovation.
More than 5.6 million loans have been approved through this scheme, making more than ₹37 lakh crore
available for entrepreneurship...

n The PM Mudra Yojana
provides loans up to ₹10
lakh to micro and small
enterprises without any
guarantee. This enables
employment and self-
employment.

n In the financial year 2024-
25, the Mudra loan amount
has been increased to ₹20
lakh under the new category
of Tarun Plus. This loan is
available to entrepreneurs
who have successfully
repaid their previous loans.
n In the Budget
announcement for 2025- “The definition of MSMEs has
26, the government has been changed to enable small
introduced a separate businesses to expand. Credit
category for homestays ₹15.6 guarantee coverage has been
under the Pradhan Mantri increased. Under the Mudra
Mudra Yojana. Homestays scheme, ordinary citizens entering
located in rural areas are lakh crore has been disbursed to the business sector for the first time
eligible to avail this loan. 33.4 crore loan accounts of SC, ST, have been given large loans without
OBC, and minority entrepreneurs a guarantee. More than 50% of
n Over 56.31 crore Mudra from the inception of the scheme the beneficiaries are from SC, ST,
loans worth ₹37.31 lakh till October 2025. and OBC families. The effort is to
crore have been disbursed ensure that small businesses fulfill
since the inception of the of small loans were the big dreams of young people.”
PM Mudra Yojana scheme received by women Narendra Modi, Prime Minister
till January 2, 2026. 69% entrepreneurs

ing a cycle of economic security, along with social millions of people accessed loans easily, but plat-
security, to increase employment and self-em- forms like the National Agriculture Market (e-NAM)
ployment. These policies have transformed India’s have allowed farmers access to 1,522 mandis for
economy in unprecedented ways. To achieve selling their agricultural produce, providing them
upper middle-income status by 2047, the centena- with financial security.
ry of independence, the country is moving forward UPI in India has transformed the way digital
on a strong foundation of economic growth, struc- money is transacted globally. A study suggests
tural reforms, and social progress. Not only have that by 2030, India’s digital economy will comprise

April 1-15, 2026 || NEW INDIA SAMACHAR 39