Pradhan Mantri-mudra-yojana

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Pradhan Mantri-mudra-yojana - Total results - 22
Nearly 3% of Rs 6 lakh cr loans sanctioned under Pradhan Mantri Mudra Yojana turn NPAs: Govt
Business

Nearly 3% of Rs 6 lakh cr loans sanctioned under Pradhan Mantri Mudra Yojana turn NPAs: Govt

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
Business

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
Business

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
India

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
Business

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

How Narendra Modi managed money: A look at the funds disbursed by Centre for PM MUDRA Yojana
India

How Narendra Modi managed money: A look at the funds disbursed by Centre for PM MUDRA Yojana

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

Bad loans under Pradhan Mantri Mudra Yojana stands at Rs 7,277 cr till March 2018
Business

Bad loans under Pradhan Mantri Mudra Yojana stands at Rs 7,277 cr till March 2018

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
Business

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

Mudra loan fact check: Four questions on Prime Minister Narendra Modi’s pet start-up funding scheme
Business

Mudra loan fact check: Four questions on Prime Minister Narendra Modi’s pet start-up funding scheme

Low refinance figures, average loan ticket size raise questions on the effectiveness of PM Modi’s Mudra loan scheme on the ground

Narendra Modi says Mudra scheme helped entrepreneurs escape moneylenders, middlemen's clutches
India

Narendra Modi says Mudra scheme helped entrepreneurs escape moneylenders, middlemen's clutches

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 says MUDRA scheme helped entrepreneurs escape moneylenders, middlemen's clutches
Business

Narendra Modi says MUDRA scheme helped entrepreneurs escape moneylenders, middlemen's clutches

Narendra Modi interacting with beneficiaries of Mudra Yojana said the scheme has broken the "vicious cycle" of moneylenders and middlemen

Amul eyes near Rs 50,000-cr group turnover in fiscal 2018-19; to grow at 20%, says MD R S Sodhi
Business

Amul eyes near Rs 50,000-cr group turnover in fiscal 2018-19; to grow at 20%, says MD R S Sodhi

The Amul brand includes the 18 member dairies of the Gujarat Co-operative Milk Marketing Federation (GCMMF).

Finance ministry ties up with e-commerce firms to give loans under Mudra scheme
Business

Finance ministry ties up with e-commerce firms to give loans under Mudra scheme

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

MUDRA can help create employment in Haryana, but the govt seems to be sleeping on the job
Business

MUDRA can help create employment in Haryana, but the govt seems to be sleeping on the job

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
India

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

Employment challenges: Pakoda sellers are fine but we need more formal sector jobs
Business

Employment challenges: Pakoda sellers are fine but we need more formal sector jobs

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.

Budget 2018: Employment generation must figure high on Narendra Modi govt's agenda
Business

Budget 2018: Employment generation must figure high on Narendra Modi govt's agenda

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
India

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

Over Rs 1.15 lakh crore disbursed by banks under PM's Mudra Yojana
India

Over Rs 1.15 lakh crore disbursed by banks under PM's Mudra Yojana

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.

PM Modi promises 50 percent increase in compensation to distressed farmers
India

PM Modi promises 50 percent increase in compensation to distressed farmers

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.