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MUDRA SCHEME NEWS

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Nirmala Sitharaman announces 2% interest subvention for MUDRA-Shishu loans

May 14, 2020 6:43 pm

The minister said that "total relief will be worth Rs 1,500 crore," and added that this interest subvention is going to benefit over 3 crore people. Separately, she announced an extension of Credit Linked Subsidy Scheme (CLSS) for housing sector up to March 2021.

Bad loans under Mudra Kishore jump 107% in six months

November 28, 2019 7:15 am

The cumulative data for all 12 banks also reveals that in the topmost Tarun loan category, NPAs by value has risen sharply 45 per cent to Rs 3,425 crore in September from Rs 2,353 crore in March.

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Women get more Mudra jobs than men — but only in smallest loan group

September 10, 2019 1:15 pm

Over 90% of these jobs come on account of Shishu loans which has the smallest ticket size of up to Rs 50,000, according to the Draft Report of Mudra Survey reviewed by The Indian Express.

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Express daily briefing: Article 370 was never intended to be forever, says Shashi Tharoor; Mumbai battered by incessant rains again; and more

September 05, 2019 8:59 am

From Congress leader Shashi Tharoor speaking on the party's stand on the scrapping of Article 370 and with Mumbai battering heavy rains again, the IMD has issued an 'orange alert' for today, here's the top news on Thursday morning.

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Just 1 in 5 Mudra beneficiaries started new business, half of extra jobs were self-employment: Govt survey

September 04, 2019 10:05 am

The Mudra Yojana was launched in April 2015 to provide funding to the non-corporate small business sector through various financial institutions like banks, NBFCs and Micro Finance Institutions (MFIs).