MUDRA Scheme

Loans are extended under the Pradhan Mantri Mudra Yojana (PMMY), Scheme by banks and Micro Finance Institutions (MFIs) in three categories:

Shishu (loans upto ₹ 50,000);

Kishore (loans from ₹ 50002 to ₹ 5 lakh);

Tarun (loans from ₹ 5 lakh to ₹ 10 lakh)

Till 12^th February, 2016, the loans extended are as follows:

The PMMY is a demand driven scheme, and all loans proposals are considered on commercial merits. Out of the total disbursement of ₹ 99, 467 crore as on 12^th February, 2016, ₹ 21,119 crore is under Tarun Sector. This constitutes 21.23% of the total portfolio.

This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha