Pradhan Mantri MUDRA Yojana completes ten years: Check key benefits and how to secure best interest rates

Today marks the completion of ten years of Pradhan Mantri MUDRA Yojana (PMMY), which was launched in April 2015. In the last 10 years, PMMY has sanctioned over 52 crore loans worth Rs 32.61 lakh crore. According to government data, the scheme has empowered women with 68 per cent loan accounts belonging to women beneficiaries. Moreover, the data shows that the scheme has addressed the needs of weaker or marginalised sections with 50 per cent of the loan accounts belonging to SC, ST and OBC. 

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