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    <title>6,23,10,598 loans sanctioned under Pradhan Mantri MUDRA Yojana (PMMY) in FY 2022-23</title>
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    <description>Pradhan Mantri Mudra Yojana provides collateral-free institutional credit through Member Lending Institutions (scheduled commercial banks, NBFCs and MFIs) to new or existing micro units for income-generating activities across manufacturing, trading, services and allied agriculture. Loans are categorised as Shishu, Kishore and Tarun. Reported sanctioned loans rose from 5,37,95,526 in FY 2021-22 to 6,23,10,598 in FY 2022-23. Complaints are taken up with respective banks and CPGRAMS referrals are used to seek redress within prescribed timelines.</description>
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    <pubDate>Mon, 31 Jul 2023 18:50:58 +0530</pubDate>
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      <description>Pradhan Mantri Mudra Yojana provides collateral-free institutional credit through Member Lending Institutions (scheduled commercial banks, NBFCs and MFIs) to new or existing micro units for income-generating activities across manufacturing, trading, services and allied agriculture. Loans are categorised as Shishu, Kishore and Tarun. Reported sanctioned loans rose from 5,37,95,526 in FY 2021-22 to 6,23,10,598 in FY 2022-23. Complaints are taken up with respective banks and CPGRAMS referrals are used to seek redress within prescribed timelines.</description>
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