MNREGA scheme mgnrega scheme: Here we will know what is MNREGA scheme? What is its purpose and benefits? The government operates many government schemes to improve the economic status and better living of the poor families of the country. One of this scheme is NREGA Scheme. This scheme, operated at the gram panchayat level in all the states of the country, is a very big scheme of the Government of India.
Pradhan Mantri Mudra Yojana (PMMY)
Micro Units Development and Refinance Agency (MUDRA) Loan Scheme under Pradhan Mantri Mudra Yojana (PMMY) is an initiative of the Government of India that provides loans to individuals, SMEs and MSMEs. There are 3 loan schemes offered under MUDRA namely Shishu, Kishor and Tarun. Under the Mudra Loan Scheme, a maximum of Rs 10 lakh. Loan amount up to Rs. To avail Mudra loan, the applicant does not need to deposit any security with the banks or lending institutions. This loan can be repaid for up to 5 years. Read this article to know about Mudra loan eligibility conditions, benefits, documents required, etc.
MUDRA loans are designed to bring enterprises into the formal financial system or to “fund the unfunded”. Loans are available under PMMY scheme for non-farm, micro or small enterprises engaged in income generation through manufacturing, trading and services. Enterprises involved in agriculture related activities can also apply for Mudra loan.
