Government Schemes and Policy · 9 April 2026

Pradhan Mantri Mudra Yojana crosses ₹40 lakh crore in collateral-free loans in 11 years

Exam-focused facts from the 9 April 2026 current affairs briefing.

Key facts

  • Pradhan Mantri Mudra Yojana (PMMY) completed 11 years on 8 April 2026.
  • Over 58 crore collateral-free loans worth more than ₹40 lakh crore have been disbursed since 2015.
  • PMMY provides loans up to ₹20 lakh for non-corporate, non-farm income-generating activities.
  • Loans are classified as Shishu (up to ₹50,000), Kishor (₹50,000–₹5 lakh), Tarun (₹5–10 lakh), and Tarun Plus (₹10–20 lakh).
  • Two out of every three Mudra loans are sanctioned to women beneficiaries.
  • The scheme covers manufacturing, trading, services, and allied agriculture activities like dairy, poultry, and beekeeping.