ARTICLE AD BOX
GOI’s secretary, financial services, argues that the broad-based, specialised microcredit scheme launched in 2015 has ensured access to institutional finance for disadvantaged groups and women
A significant milestone towards
financial inclusion
in India was achieved in 2015 when PM, on April 8, launched
Pradhan Mantri Mudra Yojana
(PMMY) that facilitates easy collateral-free microcredit of up to 10L to non-corporate, non-farm small and micro entrep...