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10 Years of MUDRA Yojana has been about empowerment and enterprise: PM

New Delhi: The Prime Minister, Shri Narendra Modi today hailed the completion of 10 years of the Pradhan Mantri MUDRA Yojana, calling it a journey of “empowerment and enterprise.” He noted that with the right support, the people of India can do wonders.

Since its launch, the MUDRA Yojana has disbursed over 52 crore collateral-free loans worth ₹33 lakh crore, with nearly 70% of the loans going to women and 50% benefiting SC/ST/OBC entrepreneurs. It has empowered first-time business owners with ₹10 lakh crore in credit and generated over 1 crore jobs in the first three years. States like Bihar have emerged as leaders, with nearly 6 crore loans sanctioned, showcasing a strong spirit of entrepreneurship across India.

Responding to the X threads of MyGovIndia about pivotal role of Mudra Yojna in transforming the lives, the Prime Minister said;

“#10YearsofMUDRA has been about empowerment and enterprise. It has shown that given the right support, the people of India can do wonders!”

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