Union Government today informed that loans worth over 10 lakh crore rupees have been sanctioned till 1st November this year under the Pradhan Mantri Mudra Yojana, PMMY.

In a written reply in the Lok Sabha, Labour and Employment Minister Santosh Kumar Gangwar said, as per the findings of the PMMY survey, around five crore persons were working in the establishments for which MUDRA loans were availed between April 2015 to March 2018.

He said the findings of the survey reveal that these loans enabled beneficiaries to sustain the economic activities they were engaged in.