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    <title>Over 32.11 crore loans of 17 lakh crore with disbursement of 16.50 lakh crore extended under Pradhan Mantri Mudra Yojana</title>
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    <description>Pradhan Mantri Mudra Yojana has extended extensive microcredit support across three categories-Shishu, Kishore, and Tarun-built on no-collateral, simplified documentation and quick processing. Independent studies found these features increased borrower uptake, helped expand business scope and profits, drove growth in bank credit to MSMEs with larger loan sizes in Shishu, and led to measurable net additional employment attributable to the scheme, with Shishu accounting for the largest share of employment gains.</description>
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