ENA Economy 2021-04-07 07:18:43 <p><strong>New Delhi, Apr 7 (KNN)</strong> More than 28.68 crore loans for an amount of Rs 14.96 lakh crore have been sanctioned by banks, Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) since the launch of Pradhan Mantri Mudra Yojana (PMMY).</p> <p> The Ministry of Finance is committed to provide financial inclusiveness and support to the marginalized and hitherto socio-economically neglected classes. Financial needs of all stakeholders ranging from the budding entrepreneurs to the hard-working farmers has also been catered to through various initiatives, the Finance Ministry said in a statement on Wednesday.</p> <p> A key initiative towards this is Pradhan Mantri Mudra Yojana (PMMY), which has given wings to the dreams and aspirations of millions, along with a feeling of self-worth and independence, the statement added.</p> <p>The PMMY was launched by Prime Minister Narendra Modi on April 8, 2015, for providing loans upto Rs 10 lakh to non-corporate, non-farm small or micro-enterprises.</p> <p><iframe frameborder="0" height="500" id="mgiframe" src="//mg.mgid.com/mghtml/framehtml/c/k/n/knnindia.co.in.338951.html" width="100%"></iframe></p> 26651 https://knnindia.co.in/news/newsdetails/economy/cumulative-sanctions-under-mudra-scheme-cross-1496-lac 2021-04-07 07:18:43 knnindia.co.in