Paper Title
An Empirical Analysis on Role of Pradhan Mantri MUDRA Yojana (PMMY) in Minorities' Economic Development in India
Article Identifiers
Registration ID: IJNRD_189359
Published ID: IJNRD2303359
: http://doi.one/10.1729/Journal.33440
Authors
Keywords
PMMY, NBFC, Minority
Abstract
Pradhan Mantri Mudra Yojana (PMMY) was launched on 8th April 2015 by the Hon’ble Prime Minister, Shri Narendra Modi. The PMMY issued by Department of Financial Services (DFS), Government of India (GOI) indicated that all banks are required to lend to micro enterprises engaged in manufacturing, processing, trading and service sector activities, for a loan upto ₹ 10 lakh. Mudra was planned to monitor the progress of PMMY. The setting up of PMMY sought to fill the credit gaps in small, micro and tiny enterprises to promote economic activity. Another prime objective of PMMY is providing financial support to women entrepreneurs for both financial inclusion and empowerment. The present study focuses on the growth of Minority Entrepreneurs in India through PMMY Scheme during 2015-16 to 2020-21. To analyse the data simple percentage analysis is used in the study.
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How To Cite (APA)
Dr.S.MANIKANDAN (March-2023). An Empirical Analysis on Role of Pradhan Mantri MUDRA Yojana (PMMY) in Minorities' Economic Development in India . INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(3), d448-d453. http://doi.one/10.1729/Journal.33440
Issue
Volume 8 Issue 3, March-2023
Pages : d448-d453
Other Publication Details
Paper Reg. ID: IJNRD_189359
Published Paper Id: IJNRD2303359
Downloads: 000122039
Research Area: Commerce
Author Type: Indian Author
Country: Coimbatore., TAMILNADU, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2303359.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2303359
Crossref DOI: http://doi.one/10.1729/Journal.33440
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