Pradhan Mantri Mudra Yojana: Empowering Small Businesses in India
Starting a small business in India can be daunting, especially when access to finance becomes a hurdle. For millions of budding entrepreneurs, turning ideas into thriving ventures requires initial capital that may not always be easy to obtain. This is where the Pradhan Mantri Mudra Yojana (PMMY) comes to the rescue.
Launched by the Government of India, this flagship scheme aims to empower micro and small enterprises by providing them with much-needed financial support. Through the scheme, businesses can secure loans up to ₹10 lakhs, fostering economic growth and entrepreneurship across the country.