Tag Archives: Financial Inclusion

Background: The Pradhan Mantri MUDRA Yojana (PMMY) was launched in 2015 to promote entrepreneurship by providing collateral-free micro-loans up to ₹10 lakh. Recent Changes: The Union Budget 2024 increased the loan ceiling to ₹20 lakh, specifically benefiting those under the Tarun category who had previously accessed MUDRA loans. Impact: The …

Introduction The Pradhan Mantri Awas Yojana (PMAY), launched in 2015, is a flagship initiative by the Government of India to achieve the vision of “Housing for All” by 2022. This essay will delve into the scheme’s objectives, provisions, achievements, challenges, and the way forward for its successful implementation. Objectives Facilitate …