USNMix Report: Take
advantage of the Mudra Yojana,
the bank will distribute Rs 1 lakh crore in one month.
the bank will distribute Rs 1 lakh crore in one month.
Under the Mudra Yojana till February 22, the total debt of Rs 2,02,668.9 crore has been distributed.
There is only one month left
now in the end of the current financial year. In such a situation, banks will
have to work more to meet the target of disbursing a loan of Rs 3 lakh crore
under the money scheme, as on February 22, only Rs 2 lakh crore has been
disbursed. It has been said in the official data that till February 22, total
debt of Rs 2,02,668.9 crore has been distributed under the Mudra Yojana. In
comparison, a loan of Rs. 2,10,759.51 crore has been approved.
In the latest data of the
Finance Ministry, it said that in the financial year so far, more than 3.89
crore currency loans have been sanctioned. According to the budget of the
financial year 2018-19, the government has set a target of disbursing Rs 3 lakh
crore in the current financial year. In the financial year 2017-18, a loan of
Rs 2,46,437.40 crore has been distributed under this scheme which is more than
the target. In fact, over the last financial year, the loan distribution has
been more than the target.
The currency scheme started
on April 8, 2015. Under this scheme, loans up to Rs 10 lakhs are to be given to
non-corporate, non-agricultural small and small units. While presenting the
budget for 2019-20, Piyush Goyal had said that under the Mudra scheme 15.56
crore loans of Rs 7.23 lakh crore have been sanctioned so far.
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