PM Mudra: Women get first priority, they will get instant loan under PM Mudra Scheme, know how?

A scheme is being run by the Central Government for small traders and entrepreneurs of the country named PM Mudra Loan Scheme. Under this scheme, they are provided financial assistance by the government in the form of loan to start their own industry. Recently, the country’s Finance Minister Nirmala Sitharaman has issued an important information under this scheme, here we are giving you information about it, for this read it till the end.

What is PM Mudra Yojana

As we told you that PM Mudra Loan Scheme is a scheme launched to provide financial assistance to small businessmen and entrepreneurs of the country in starting their new industry. The main objective of this scheme is for those people who want to start their own business but do not have enough money to invest in starting an industry. Therefore the government is giving them financial assistance for loans.

how much loan is given

Under this scheme, the loan is divided into three parts, namely Shishu, Kishore and Tarun. In which Shishu means small pamphlet traders, who are given loan amount up to Rs 50,000. The second is Kishore, which includes medium-sized businessmen and they are given loans ranging from Rs 50,000 to Rs 5 lakh. After this comes Tarun, in which traders with big pamphlets come. And they are given loans ranging from Rs 5 lakh to Rs 10 lakh. So in this way loans are being given to people on the basis of different categories.

When did PM Mudra Yojana start?

PM Mudra Loan Scheme was started by Prime Minister Modi on 8 April 2015. Now this scheme has completed 8 years.

What did Finance Minister Nirmala Sitharaman say?

Recently, Nirmala Sitharaman has given a different information under the Prime Minister Mudra Loan Scheme, that is, women will be given priority under this scheme. That is, if there is a female entrepreneur who is thinking of starting her own industry. So they will be given loan facility first with priority by the government. For example, you can understand that if 100 people are getting the benefit of this scheme, then 60 of them will be women. In this way women will be given priority. This facility is being provided with the aim of empowering women.

How to get loan

While giving this information, Nirmala Sitharaman also said that if women are thinking of starting their own small business. So they can contact the banks. Because the beneficiaries will receive the loan amount from the bank. To know about it in detail, click on this link of PM Mudra Loan Scheme.