<h1>Collateral-free credit under PMMY expands eligibility and inclusion, boosting women entrepreneurship and rural livelihoods through expanded activities</h1> Pradhan Mantri Mudra Yojana provides collateral-free institutional credit through Member Lending Institutions up to a prescribed upper ceiling across three products-Shishu, Kishore and Tarun-for individuals with business plans in manufacturing, trading, services and agriculture allied activities. The scheme's scope has been expanded to include various agriculture linked livelihoods, tractors and power tillers (within the ceiling), and two wheelers for commercial use. Implementation issues such as turnaround time, loan rejections and lender insistence on collateral are addressed through coordination with banks.