38.58 crore loans extended since inception of Pradhan Mantri MUDRA Yojana (PMMY)

26.35 crore loans (68%) extended to Women Entrepreneurs and 19.84 crore loans (51%) to SC/ST/OBC category of borrowers under PMMY

PMMY generated 1.12 crore net additional employment during 2015 to 2018

As per data uploaded by Member Lending Institutions (MLIs) on Mudra portal, as on 27.01.2023, more than 38.58 crore loans have been extended since inception of the Scheme in April 2015. Out of this, over 26.35 crore loans have been extended to Women Entrepreneurs (68%) and 19.84 crore loans to SC/ST/OBC category of borrowers (51%). This was stated by the Union Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written reply to a question in Lok Sabha.

The Minister further stated that the Ministry of Labour and Employment (MoLE) had conducted a large sample survey at the national level to assess employment generation under PMMY. As per the survey results, PMMY helped in generating 1.12 crore net additional employment in the country during a period of approximately 3 years (i.e. from 2015 to 2018).

District-wise and State/UT-wise details of loans disbursed under the Scheme are placed at ANNEXURE I.

PMMY loans prioritize women and disadvantaged borrowers, boosting entrepreneurship and reported net additional job creation. Pradhan Mantri MUDRA Yojana reported over 38.58 crore loans disbursed since April 2015, with about two thirds of loans to women entrepreneurs and roughly half to SC/ST/OBC borrowers, based on Member Lending Institutions' data. A national large sample survey by the Ministry of Labour and Employment associated the Scheme with approximately 1.12 crore net additional employments over the survey period; district and State/UT disbursement details are provided in an annexure.