Kishor Current Affairs, GK & News

Pradhan Mantri Mudra Yojana: 1.12 crore employment generated

The Ministry of Finance recently announced that nearly Rs 15 lakh crores have been sanctioned under Pradhan Mantri MUDRA Yojana (PMMY). What are the achievements of PMMY? More than 28 crore 68 lakh loans have been sanctioned since the launch of Pradhan Mantri MUDRA Yojana. Of the total loans provided, 68% were provided to women ..

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Increase in Quantum of MUDRA Bad Loans

An RTI reply has shown a spike in the quantum of bad loans disbursed under the ambitious Pradhan Mantri Mudra Yojana (PMMY). Extracts from the RTI Reply Gross NPAs under MUDRA rose by 68.7 per cent to Rs 16,480.87 crore for the financial year ended March 2019 from Rs 9,769 crore a year ago. When ..

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Recommendations of U K Sinha Committee

The Reserve Bank of India (RBI) had constituted an Expert Committee on Micro, Small and Medium Enterprises under the chairmanship U K Sinha to suggest long-term measures for the economic and financial sustainability of the MSME sector. Recommendations of the Committee The committee has proposed doubling the limit on collateral-free loans to Rs 20 lakh ..

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