‘Opportunities For Countless People’: PM Modi Interacts With Beneficiaries As MUDRA Yojana Marks 10 Years

Last update:April 8, 2025, 2:12 pm ist

Prime Minister Modi celebrated 10 years of Pradhan Mantra Mudra Yojana by organizing the beneficiaries in their residence, highlighting the impact that changes the life of the scheme.

PM Narendra Modi interacts with the beneficiaries of Mudra Yojana (Video Screengrab)

Prime Minister Narendra Modi celebrated 10 years of Pradhan Mantri Mudra Yojana (PMMY) and invited Mudra beneficiaries from all over the country to their residence.

In an X publication, before the interaction, Telagast, Prime Minister Modi said the beneficiaries were shared with him, some fascinating ideas about how this scheme has transformed their lives.

“To mark the #10 years of Mudra, I had invited Mudra beneficiaries of all India to my residence. They shared fascinating ideas about how this scheme has transformed their lives,” the prime minister wrote in an X position.

As the interaction was being transmitted, Prime Minister Modi, in another publication X, wrote: “Mudra Yojana has given opportunities to innumerable people to show their business skills.”

Here is the complete interaction of Prime Minister Modi with the beneficiaries of Mudra Yojana.

Duration The interaction, a Kerala businessman, who had work on his legs in the United Arab Emirates, revealed how Mudra Yojana Haas benefited him, saying that he had transformed it “into a successful entrepreneur”, toy to prime minister Noceded.

Kerala’s native also acknowledged that Yojana has helped his business prosper, also mentioning that he has created job opportunities.

The prime minister asked if his mother was upset because he returned to India, to which the businessman said that everything went well at the end.

Another beneficiary of Yojana, Lavkush Mehra de Bhopal by Madhya Pradesh, revealed how he used to work for someone, but put his own business later with the help of Mudra Loan.

He also revealed that his first year billing was RS 12 Lakhs, which has now risen to more than RS 50 Lakh.

In the event, Prime Minister Modi said: “33 Rupias de Crore Lakh have been delivered to the people of the country without any guarantee. You read in the newspaper that it is a government of the rich. Even if it adds the total of 33 LAKD it does not have.”

“Thirty -three rupees of Lakh Crore have given the common man of the country. Today the youth of India, the business skills they have, if they get a bit of help, then very great results are achieved for one Opra yojana Jojana Yojana Yojana Yojana Yojana Yajana Yojana Yojana Yojana.

The PMMY was launched on April 8, 2015 by Prime Minister Narendra Modi to provide institutional credit without guarantees of up to RS 20 Lakh through member loan institutions.

Since its beginning of the scheme, more than 52.37 loans of millions of rupees that amount to RS 33.65 Lakh million rupees, have been sanctioned, with approximately 20 percent of loans to new entrepreneurs or accounts, the Secretary of Financial Services M Nagaraju said a duration of the media.

Mudra Yojana Prime Minister’s goal

The PMMY focuses on the financial needs of all stakeholders, ranging from budding entrepreneurs to working farmers, through various initiatives of the scheme.

According to the PMMY, loans without guarantees of up to RS 10 LAKH extend by member loan institutions (MLI) namely, programmed commercial banks, regional rural banks (RRB), small financial banks (SFB), microfines (NBFC)

Loans are granted for general income activities in sectors and manufacturing, trade and services allied to agriculture.

The scheme was launched to encourage small businesses, and banks were asked to provide loans without guarantees to RS 20 Lakh in three-shoes (up to RS 50,000), Kishore (between RS 50000 and RS 5 Lakh) and Tarun (RS 20 Lakh).