Tag: PMmudra scheme

MODI JUMLA: Pradhan Mantri Mudra Loans Scheme raises Red Flags for Next Banking Crisis in India; After Rising NPAs, Failure To Generate Jobs and Employment

Raghuram Rajan, Mudra Scheme, Loans, NPA, Bad Loans, RBI, RBI Governor, Pradhan Mantri Mudra Yojana, Kisan Credit Card, MSME, MSME Loans, SIDBI, Rajan, Bad Loan, Public Sector Banks, Lok Sabha Committee On Estimates, NPAs, Non Performing Assets, Banking Crisis in India, NBFC crisis in India, Indian Financial Crisis, Unemployment in India, Job Crisis in India, Indian economy slowdown, startup funding, small business funding, medium business enterprises funding, Self help Groups, Micro finance Funding, Micro Finance Institutions, Micro Lending, RBI raises Red Flags on Mudra loans Scheme, Indian soveriegn bonds, Bond Crisis in India, Bond Bubble in india, Economy Bubble, RBI governor, Reserve Bank of India Crisis, PMmudra, PMmudra scheme, Loans scheme in India, Capital expansion funding, Business Funding in India, Modi Jumla, Jumla Divas, Jumla ki Sarkar

The Pradhan Mantri Mudra Yojana – the government’s flagship lending scheme – has failed to give a big fillip to self-employment, an official survey accessed by Business Standard shows. Between April 2015 and 2018, the scheme enabled creation of 11.2 million jobs, of which 5.1 million were new entrepreneurs – much below the government’s estimates. […]

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