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.