Modi's Mudra: 6 lakh crores to 12 crore people

Modi's Mudra: 6 lakh crores to 12 crore people

Micro units have flourished under the NDA regime, thanks to the Micro Unites Development and Refinance Agency, the government has said.  Piyush Goyal today wrote, "Under Pradhan Mantri MUDRA Yojana, the Government has funded more than 12 crore small entrepreneurs, creating an inclusive and sustainable entrepreneurial culture, which will further boost employment creation in the country."

As per several official claims, the scheme has mainly been a boon for the historically weaker sections.  "The Yojana is empowering enterprising women and beneficiaries from SC/ST/OBC categories along with young entrepreneurs of the nation. Citizens are benefiting from both the schemes and contributing towards building a 'New India'," RK Singh, a Minister of State, has said.

Prime Minister Narendra Modi himself is upbeat about the progress of the scheme.  "About Rs 6 lakh crore has been disbursed to more than 12 crore beneficiaries since the scheme's launch in 2015," he has claimed.