Numerous facilities have been provided for large corporations but small. Mudra is the key to success to small entrepreneurs who are as of now, the biggest cogs in the wheels of business to help the economy grow. Objectives: It is difficult for these enterprises to get finance from scheduled bank. Since they follow rigid norms … Read more
Mudra yojana launched in Jammu and Kashmir The Mudra Bank Yojana was launched after the budget of 2015-1026. This was an initiation of the ruling Party and most importantly our Prime minister wanted to launch it. The fiancé minister also preposed it during the budget. This initiative is to support more than 5.77 crore SBU … Read more
Mudra Bank Bill Still Hangs In The Air The finance minister of India deems Mudra to be a comprehensive monitor for the micro finance sector. But the industry does not seem to be agreeing to finance minister’s thoughts. According to them Reserve Bank of India (RBI) should carry on with its job to monitor the … Read more
MUDRA Loan Yojana in SBI Bank –A Quick Overview Small business owners require micro finances to keep their business going and growing. In order to facilitate small business owners, Modi government took an effective initiative. Making micro finances available to the small businessmen can not only help them but the country as well. The government … Read more
Shishu loan under MUDRA bank? The Pradhan Mantri MUDRA Yojana is aimed at those in the non farm sector take loans and start an entrepreneurial enterprise. Apart from this they will also regulate the lenders and the Micro Financing Institutions in India. What are the loans that are available right now? Even though there are … Read more
Mudra Yojana launched in National Capital Territory of Delhi There are uncountable number of unemployed people in India looking for jobs every day. Getting each one of them employed is a great challenge for the country. However, the government has been initiating numerous schemes and offering assistance to curb unemployment as much as possible. One … Read more
Which Banks Provide Mudra Loan (Affiliated Banks) As part of the credit empowerment and enhancement activity of the country, the 2015 Union budget officially launched a Pradhan Mantri Mudra Yojana scheme targeting to provide financial support and services to the ‘Micro units’ or the small start-ups and growing enterprises of the country. Now the micro-units … Read more
Mudra Loan Yojana Launched in Chandigarh This yojana supports over 5.77 crore small business units and budding entrepreneurs and business units. These units are unable to raise funds for running their businesses and this hampers them to flourish. The small businesses and industries should be promoted to create employment opportunities. The small scale industries need to … Read more
Mudra Yojana in Assam While presenting the Union Budget for 2015-16, Union Finance Minister, Sri Arun Jaitley, announced the introduction of the Pradhan Mantri MUDRA Yojana scheme. The scheme purports to develop and refinance the micro business units. Under this scheme, micro and small business sectors will be able to avail loan to the tune … Read more
Disadvantages of Mudra Loan One of the most persistent problems that Indian economy is facing is the inequitable distribution of funds. The larger portion of the capital is available to the bigger companies whereas too little of the capital is distributed to micro, small and medium business sector. At present the non-profit micro financing institutes … Read more