The poor and middle class are given benefits through many types of schemes running in the country. For this, the Government of India runs many types of schemes, one of which is Pradhan Mantri Mudra Yojana. Regarding this scheme, today i.e. on 23 July 2024, Finance Minister Nirmala Sitharaman made a big announcement regarding the Mudra loan while presenting the budget in Parliament. So let's try to know that this announcement has been made and who will get its benefit. You will be able to know about this in the next slides...
While presenting the budget in Parliament, Finance Minister Nirmala Sitharaman announced that now the Mudra loan will be available for up to Rs 20 lakh. Whereas earlier this loan limit was up to Rs 10 lakh. In such a situation, people taking Mudra loans can get direct benefits from this announcement.
What is this scheme?
The Pradhan Mantri Mudra Yojana is run by the central government, and under this, people are given a loan of up to ten lakh rupees without guarantee to start a new business. However, in today's budget, this limit has now been increased from Rs 10 lakh to Rs 20 lakh.
When did the scheme start?
The Government of India started this scheme in the year 2015. This scheme directly benefits those people who are unable to start their new business due to lack of resources.
Under the scheme, the beneficiary gets a Mudra card. A Mudra card is used just like a debit card. With the help of this card, you can take money for the expenses related to your business.
(PC: ISTOCK)
