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.
September 10, 2019 9:42 am
From Jharkhand Police dropping the murder charge in their chargesheet filed against 11 accused in Tabrez lynching case, to US President Donald Trump Monday saying that ties between India and Pakistan were “less heated” now, here's all that is making news today.
June 24, 2019 7:04 am
MUDRA NPAs work out to 5.28 per cent of the total disbursements of Rs 311,811 crore as of March 2019, when compared to 3.96 per cent of total disbursements of Rs 246,437 crore in the previous year, as per MUDRA’s figures.
March 14, 2019 9:30 am
“The number of jobs created under the Mudra scheme will be released after the polls as the Expert Committee found anomalies in the methodology used by the Bureau in arriving at the findings,” sources said.
January 02, 2019 7:14 am
Interest rate on these loans ranges from 8-12 per cent. Apart from PSBs, private banks, micro-finance institutions and other member lending institutions also grant Mudra loans.
September 02, 2018 12:05 am
The reality is that a loan of Rs 47,268 is not sufficient to create a job. That amount may be enough to buy some tools or furniture or install an air conditioner or a refrigerator. It may be used as additional working capital. By no stretch of imagination will Rs 47,268 create an additional job.
September 25, 2017 6:19 pm
Insurance companies will also set up stalls at the camp to motivate citizens to enrol in social security insurance schemes -- Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Yojana (APY).
May 11, 2016 4:39 am
Modi launched the scheme — are being branded as PMMY (or Pradhan Mantri MUDRA Yojana) loans.
May 09, 2016 9:59 am
CAIT said the scheme could be a game changer for the economy but it appears that invisible forces have again come on its way.
January 18, 2016 8:13 am
The proposed Bank will also oversee the Rs 3,000 crore Credit Guarantee Fund that the government has approved last week to facilitate the MUDRA scheme.
February 29, 2016 4:47 pm
New Delhi, Feb 29 (ANI): Finance Minister Arun Jaitley while presenting the Union Budget 2016-17 said they were confronted with stress assets problem in public sector banks. He said that public money should reach the poor and deserving without any leakage. A bill on targeted delivery of financial services using Aadhar is also to be introduced. Jaitley also said that prudence lied in adhering to fiscal targets. He also increased allocation of Rs 1, 80,000 crores under PM MUDRA Yojana. He further added that fiscal deficit for fiscal 2016-17 have been targeted at 3.5 percent. Revenue deficit estimate for Financial Year 2015-16 has been down to 2.5 percent from earlier estimates.