New Delhi, Feb. 9 (ANI): Small entrepreneurs can avail loans worth Rs. one lakh crore provided by the government, which is keen to be seen the youth of the country becoming job creators, rather than job seekers.
Recently, Prime Minister Modi said there was a need for developing "personal sector" rather than public and private sector in which youth can become self-sufficient, start businesses and generate new employment avenues.
He said that the Pradhan Mantri MUDRA Yojna would be one such scheme for realising this objective.
The Prime Minister said the scheme would create employment opportunities for youth in the country leading to make youth self-sufficient.
The Micro Units Development and Refinance Agency Limited (MUDRA) focuses on the 5.75 crore self-employed who use funds totaling Rs. 11 lakh crore and provide jobs to 12 crore people.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app