PM Mudra Yojna(PMMY)

It was launched by Prime Minister Narendra Modi on 8 April 2015.
Ministry: Ministry of Finance
Nirmala Sitharaman is the Minister of Finance and Minister of Corporate Affairs
Key Person: Nirmala Sitharaman
About This is for providing loans up to Rs.10 lakh to the non-corporate, non-farm small/micro-enterprises. These loans are classified as MUDRA loans under PMMY. These loans are given by Commercial Banks, RRBs, Small Finance Banks, Cooperative Banks, MFIs and NBFCs.
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