The government on Tuesday said close to 3 percent of Rs 6.04 lakh crore worth of loans sanctioned under the Pradhan Mantri Mudra Yojana (PMMY) has turned into bad loans
What to expect from September quarter GDP data, Mudra loans turn NPAs; read this and more on Moneycontrol Pro
Ahead of the September quarter data release, economists seem to be engaged in a game of competitive devaluation of the GDP growth estimate, putting it between 4.2 and 4.7%, at constant prices.
RBI warning on Mudra loans: NPAs aren’t at alarming levels yet, but banks shouldn’t miss the red flag
The NPA on Mudra loans by public sector banks, which also includes regional rural banks, jumped to Rs 17,250.73 crore as on March 2019, the government informed Parliament on Tuesday.
Reports on high unemployment rate in country 'misleading', says Union Minister Santosh Kumar Gangwar in Lok Sabha
Union Minister Santosh Kumar Gangwar Monday said that reports about high unemployment rate in the country are misleading and asserted that employment generation is the priority of the government
Why collateral-free loans up to Rs 50 lakh is a high-risk idea to implement in slowdown-hit Indian economy
If the government has made up it’s mind to give away large collateral-free loans o entrepreneurs, it should also work out a mechanism to make sure this money is spent well for the stated purpose
With the Lok Sabha election around the corner, here's a look at funds spent on various schemes launched by the Narendra Modi government since coming to power in 2014
Loans extended under PMMY from inception of the scheme up to March 2018 by all member lending institutions (MLIs) were Rs 5.71 lakh crore,
Narendra Modi govt claims 55% of Mudra loans given to backward classes, data tells a different story
The majority of those receiving MUDRA loans belong to the general category and this has not changed in the three years since the scheme has been operational
Low refinance figures, average loan ticket size raise questions on the effectiveness of PM Modi’s Mudra loan scheme on the ground
Prime Minister Narendra Modi on Tuesday interacting with the beneficiaries of the Pradhan Mantri Mudra Yojana (PMMY) said the scheme has broken the "vicious cycle" of moneylenders and middlemen who used to control an entrepreneur's dream.
Narendra Modi interacting with beneficiaries of Mudra Yojana said the scheme has broken the "vicious cycle" of moneylenders and middlemen
The Amul brand includes the 18 member dairies of the Gujarat Co-operative Milk Marketing Federation (GCMMF).
The finance ministry has joined hands with over two dozen e-commerce firms, including major players like Amazon, Flipkart, Ola and Uber, to provide easy finance to small entrepreneurs under the Pradhan Mantri Mudra Yojana (PMMY), a top government official said
The MUDRA scheme, launched under PMMY in 2015, provides low-interest loans to micro-finance institutions (MFIs) and non-banking financial institutions
Full text of Narendra Modi's speech at Rising India Summit: PM stresses on development of eastern India, public participation in schemes
Prime Minister Narendra Modi spoke on a wide range of issues while addressing News18's Rising India Summit in New Delhi. Right from discussing the need to bring development to the eastern region of the country to taking electricity and welfare schemes to the unreachable, Modi touched on several key issues plaguing India
Modi is right when he says the informal sector accounts for 90% of total employment and the formal sector only 10%. But the quality of employment in the informal sector needs a closer look.
When both endogenous and exogenous factors conspire to prevent industrial and employment revival, the only course left for the Modi government to announce a big bang reform that can take off without much resistance if the BJP ruled states show the way
Modi govt striving to make India economic power despite tactics of corrupt parties, says Mukhtar Abbas Naqvi
Mukhtar Abbas Naqvi lambasted some political parties and "champions of corruption" and said NDA government is moving forward to make India an economic power
Banks have so far disbursed over Rs 1.15 lakh crore under Pradhan Mantri MUDRA Yojana (PMMY), Financial Services Secretary Anjuly Chib Duggal said on Tuesday.
Coming to the aid of farmers whose crops have been damaged by the recent unseasonal rains, Prime Minister Narendra Modi on Wednesday promised higher compensation to them, while directing banks to restructure their loans.