copenlu/druid huggingface dataset:
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2024-10-04): MUDRA Loan Yojana or Prandhan Mantri MUDRA Yojana is a government scheme for offering loans of up to Rs 10 lakh to micro enterprises through commercial banks, small finance banks, MFIs, RRBs and NBFCs. [...] Mudra loans are collateral-free loans of up to Rs 10 lakh offered to micro and small enterprises. The loan is covered under Credit Guarantee Fund for Micro Units (CGFMU) operated by National Credit Guarantee Trustee Company Limited (NCGTC) to improve credit access for the MSEs. Mudra loan borrowers can also avail MUDRA Card, a RuPay debit card, to manage the working capital portion of their loan. They can use the MUDRA Card for drawing cash from ATM or for making purchases through Point of Sale (POS) machines. [...] MUDRA offers a loan of up to Rs 10 lakhs without collateral security. The collateral is covered under Credit Guarantee Fund for Micro Units (CGFMU) operated by National Credit Guarantee Trustee Company Limited (NCGTC).
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2023-07-04): Introduced in 2015, the Mudra in Mudra loan stands for Micro Units Development and Refinance Agency. The slogan of the Mudra loan is "Funding the unfunded", aiming to empower small-scale businesses in India. [...] The Mudra loan is designed to benefit and encourage the growth of small businesses: 1. Collateral-free loan: The Mudra loan is a type of unsecured loan. This means you don’t have to put up any security as collateral to the lending institution. A collateral-free loan reduces mental stress and helps you focus on business growth without worry.
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2024-04-10): Home / Finance / Personal Finance / PM MUDRA Yojana: How to get a collateral-free loan with this Scheme PM MUDRA Yojana: How to get a collateral-free loan with this Scheme [...] Pradhan Mantri MUDRA Yojana (PMMY) was launched in April 2015 with the aim to facilitate easy and collateral-free micro credit of up to Rs 10,00,000 for non-corporate, non-farm small and micro entrepreneurs. Loans under PMMY are provided by member lending institutions (MLIs): Banks, non-banking financial companies (NBFCs), micro finance institutions (MFIs) and other financial intermediaries.
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2024-07-23): Budget 2024-25: The ‘Tarun’ category limit under the Mudra loans is enhanced to Rs.20 lakh from the current Rs.10 lakh for those entrepreneurs who have successfully repaid previous loans under the same category. [...] Loans would be provided to all the non-farm income-generating businesses in trading, manufacturing and services whose credit requirements are less than Rs.10 lakhs by all Scheduled Commercial Banks, Small Finance Banks, Regional Rural Banks, NBFCs, MFIs and Urban Co-operative Banks would be known as Mudra loans under the PMMY (Pradhan Mantri Mudra Yojana). [...] Mudra Yojana helps small businesses with financing. Loans for up to Rs. 20 lakh available. Different loan categories with varied interest rates. Focus on specific business sectors. Lending target doubled to INR 2.44 lakh crores. Emphasis on women, backward classes, minorities. Various banks offer Mudra loans with different interest rates and tenure.
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2023-03-24): The Pradhan Mantri MUDRA Yojana (PMMY) was launched on 8th April 2015 by Prime Minister Shri Narendra Modi with the aim to facilitate easy collateral-free micro credit of up to ₹10 lakh to non-corporate, non-farm small and micro entrepreneurs for income generating activities. The loans under PMMY are provided by Member Lending Institutions (MLIs), i.e., Banks, Non-Banking Financial Companies (NBFCs), Micro Finance Institutions (MFIs) and other financial intermediaries. [...] On the occasion, Union Minister of State (MoS) for Finance Dr Bhagwat Kisanrao Karad said, "The PMMY scheme aims to provide collateral free access to credit in a seamless manner to micro enterprises in the country. It has brought the unserved and under-served sections of the society within the framework of institutional credit. The government policy of promoting MUDRA has led millions of MSME enterprises in the formal economy and has helped them to get out of the clutches of money-lenders offering very high cost funds." [...] Achievements under Pradhan Mantri Mudra Yojana (PMMY) as on 24.03.2023 - More than 40.82 crore loans amounting to ₹23.2 lakh crore have been sanctioned since launch of the Scheme. Approximately 21% of the total loans have been sanctioned to New Entrepreneurs.
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2021-10-01): In terms of our circular RPCD.SME&NFS.BC.No.79/06.02.31/2009-10 dated May 6, 2010, banks are mandated not to accept collateral security in the case of loans upto ₹ 10 lakh extended to units in the MSE sector. [...] The Ministry of MSME, Government of India and SIDBI set up the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) with a view to facilitate flow of credit to the MSE sector without the need for collaterals / third party guarantees. The main objective of the scheme is that the lender should give importance to project viability and secure the credit facility purely on the primary security of the assets financed. The Credit Guarantee scheme (CGS) seeks to reassure the lender that, in the event of a MSE unit, which availed collateral - free credit facilities, failing to discharge its liabilities to the lender, the Guarantee Trust would make good the loss incurred by the lender, as per the scheme. [...] The provisions made in this framework shall be applicable to MSMEs having loan limits up to ₹25 crore, including accounts under consortium or multiple banking arrangement (MBA).
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2023-04-08): NEW DELHI: In eight years, women entrepreneurs have come to comprise nearly a whopping 70% of the loans under Pradhan Mantri MUDRA Yojana (PMMY) which, on Saturday, marked eight years of the government’s aim of empowering the "Atmanirbhar Nari Shakti" and sanctioning more than 40.82 crore loans amounting to Rs 23.2 lakh crore (as on 24 March 2023), for men and women entrepreneurs. Launched on 8 April 2015 by Prime Minister Narendra Modi with the aim to facilitate easy collateral-free micro credit in a seamless manner to micro enterprises in the country and allow borrowers to fulfil their entrepreneurial dreams, the PMMY enables easy and hassle-free access to credit of up to Rs 10 lakh to non-corporate, non-farm small and micro entrepreneurs for income generating activities.
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2022-12-05): The MUDRA (Micro Units Development& Refinancing Agency) loan scheme is a debt financing product offered by the Pradhan Mantri Mudra Yojana (PMMY). MUDRA loans for women are small business loans with attractive interest rates, flexible repayment tenure and refinancing support. The PMMY MUDRA scheme is a financial support channel for entrepreneurial initiatives by women and entitles them to receive informal finance from major banks, NBFCs, & different last-mile financiers. [...] Under the Annapurna business loan scheme, female entrepreneurs can avail of collateral free loans of up to Rs. 50000. This micro-credit scheme is best suited for female go-getters in the catering and agricultural sectors. It can buy equipment, utensils, containers, agricultural instruments, fertilisers, and the like. Borrowers do not need to repay anything in the first month after loan approval. Offered by the State Bank of Mysore and the Bharatiya Mahila Bank, the repayment tenure is 36 months. Interest rates are determined by the financing institution and the current market rates. [...] Collateral-free: Avail of a wide array of collateral-free business loan schemes for women entrepreneurs.
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2020-04-17): MUDRA does not lend directly to individual borrowers. MUDRA loan is available through Banks/NBFCs/MFIs for such activities. All kind of manufacturing, trading and service sector activities can get MUDRA loan. Loans are categorised into Shishu, Kishor and Tarun. These products have been designed to cater to customers operating at the lower end of the enterprise spectrum. The loans are extended through MFIs, NBFCs, Banks, etc. [...] MUDRA loans are available in three categories. For small business, loans upto 50000/- /- is available under the 'Shishu' category and beyond 50,000 and up to 5 lakh under the 'Kishor' category. It also offers loans beyond 5 lakh and up to 10 lakh under the Tarun category. Depending on the nature of business and project requirement you can access finance from one of the intermediaries of MUDRA as per the norms. [...] Pradhan Mantri Mudra Yojana is a Government of India scheme, which enables a small borrower to borrow from banks, MFIs, NBFCs for loans upto Rs.10 lakh for non farm income generating activities. Generally, loans upto Rs. 10 lakh issued by banks under Micro Small Enterprises is given without collaterals.
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2024-07-23): As part of the nine priorities highlighted for the 2024 Union Budget, the limit of Mudra loans limit will be enhanced to ₹20 lakh from the current ₹10 lakh for those who have availed and successfully repaid loans previously taken under the Tarun category, Union Finance Minister announced on July 23. [...] Pradhan Mantri MUDRA Yojana (PMMY) was launched on April 8, 2015, by Prime Minister Narendra Modi to facilitate easy collateral-free micro-credit of up to ₹10 lakh to non-corporate, non-farm small and micro-entrepreneurs for income-generating activities. [...] During the interim budget presentation earlier this year, the government extended 43 crore loans aggregating to ₹22.5 lakh crore under the PM Mudra Yojana
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2021-01-01): Funding under CGFMSE (Collateral Free Loans) Providing adequate security for the facility availed by the micro/small enterprises units (MSEs) has been a major roadblock for their inability to access banking system. Keeping this in view, Government of India and SIDBI had set up "Credit Guarantee Fund Trust for Micro and Small Enterprises" (CGTMSE). On the basis of CGTMSE guidelines IDBI Bank offers collateral free loans up to Rs. 1 crore to realize the areas of those entrepreneurs who have viable Projects/ proposals but lacks adequate collateral security to offer.
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2024-09-26): 1.00 lakhs* IOB TEJAS Make a future ready investment in SOLAR with IOB TEJAS Udyam Registration Number is mandatory for all MSME units, The account should not be under SMA 2 Category in last 12 months, In case of new borrowers, the CIBIL/ CRIF High Mark score of all promoters should be 650 and above. Loans upto Rs. 9.00 Crores with repayment period upto 10 years Attractive rate of interest and low margin of 10% No additional Collateral for existing borrowers IOB Guarantee Plus Boost your Business with IOB Guarantee Plus and enjoy: Higher Working Capital No Collateral Security Additional Term loan for CGTMSE fee with EMI options New/ Existing MSEs having Sole Banking arrangement with our Bank, Working capital, Term Loan & Working Capital Term Loan can be considered, The account should not be under SMA1 and SMA 2 category in last 12 months, In case of new borrowers, the CIBIL/ CRIF High Mark Score of all promoters should be 700 and above. Maximum Loan amount up to Rs.10 crore.
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2024-07-10): Launched in 2015, MUDRA Loan under Pradhan Mantri Mudra Yojana (PMMY) is a loan scheme offered by banks for individuals, startups, and business owners, as well as women entrepreneurs across India. Under this scheme loan amount up to Rs. 10 lakh are offered to women who want to start their own business or expand the existing one. The loan amount is offered under three categories named Shishu, Kishor, and Tarun. Find below the basic features of the loan scheme offered by banks and NBFCs under the Mudra Yojana: - Concessional Interest Rates for Women Entrepreneurs - Collateral-Free Business Loans: No collateral or security is required by banks or NBFCs - Loan Type: Term Loan / Overdraft - 3 Loan Categories: Shishu, Kishor, and Tarun - Loan Amount: No minimum limit and maximum up to Rs. 10 lakh - Repayment Tenure: Up to 5 years - Processing Fee: Nil to 0.50% of the sanctioned loan amount - Loans for Women living in both Urban and Rural regions of India [...] To expand your business from parlour to salon you can apply for Mudra Loan under Pradhan Mantri Mudra Yojana. Under its Tarun category or loan scheme you can avail loan from Rs. 5 lakh to Rs. 10 lakh without collateral and at low interest rates. You can visit the respective bank offering Mudra loan that is eligible from RBI’s directions. Rest, you can also apply for business loan from leading banks and NBFCs as per your business requirements.
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2024-01-01): Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) is jointly set up by Ministry of Micro, Small & Medium Enterprises (MSME), Government of India and Small Industries Development Bank of India (SIDBI) to catalyse flow of institutional credit to Micro & Small Enterprises (MSEs). Credit Guarantee Scheme (CGS) was launched to strengthen credit delivery system and to facilitate flow of credit to the MSE sector, create access to finance for unserved, under-served and underprivileged, making availability of finance from conventional lenders to new generation entrepreneurs. Over the past 22 years, CGTMSE has been instrumental in providing guarantee cover to collateral and/or third party guarantee free credit facilities extended by eligible Member Lending Institution [MLIs] to MSEs.
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2019-01-14): The PMMY website has year wise performance reports on the website. Data from these reports suggests that out of a total of 12.27 crore loan accounts under the MUDRA scheme between 2015-16 and 2017-18, 9.03 crore belong to women entrepreneurs and 6.71 crore belong to SCs/STs/OBCs. Hence the percentage of loan accounts belonging to women is around 74% while those belonging to SCs/STs/OBCs is around 55%. [...] The second claim is that collateral free loans were provided for 12 crore small entrepreneurs under MUDRA. The annual report available on the MUDRA Yojana page states that, ‘NBFCs have emerged as the most effective and powerful vehicle for delivering financial assistance to the Micro and Small Enterprises which are otherwise not being catered by the conventional banking system due to reasons of weak documentation, lack of collateral security, shortage of capital, etc. Share of NBFCs in credit to MSME sector rose to 18% in FY 2017-18 from 8% five years ago. The NBFC’s share should expand to 22-23% by March 2022. Further with the deteriorating asset quality of Public Sector Banks and invocation of PCA by RBI against 11 Public Sector Banks, MSMEs will become more reliant on NBFCs for their credit needs’.
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2024-09-30): *Under Pradhan Mantri Mudra Yojana (PMMY), In FY24*, Rs. 4.82 lakh crore (US$ 58.13 billion) was sanctioned under 5.8 crore Mudra loans to non-corporate and non-farm MSEs. [...] *In the interim budget 2024-2025, it was announced the establishment of a corpus totalling Rs. 1 lakh crore (US$ 11.99 billion), offering 50-year interest-free loans. This initiative aims to incentivize the private sector, particularly MSMEs, to enhance research and innovation in emerging sunrise domains. *According to the Budget 2024 documents, Union Minister for Finance and Corporate Affairs, Mrs. Nirmala Sitharaman announced a crucial increase in the MUDRA loan limit for MSMEs from Rs. 10 lakh (US$ 11,988) to Rs. 20 lakh (US$ 23,977) for those who have successfully repaid their previous loans.
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2023-01-31): The state-wise details of Micro, Small and Medium Enterprises (MSMEs) loans guaranteed under the scheme is enclosed as ANNEXURE I. [...] In absolute terms, the Minister stated, MSME loan accounts worth Rs. 2.2 lakh crore improved since inception of ECLGS for entire banking industry. This means that around 12% of the outstanding MSME credit has been saved from slipping into non-performing asset (NPA) classification due to ECLGS. [...] - Pradhan Mantri Mudra Yojana (PMMY) scheme launched in April, 2015 to provide collateral free access to institutional finance to unfunded Micro/Small business units with collateral free loans up to Rs10 lakh.
Claim: Collateral free loans for 12 crore small entrepreneurs under MUDRA. (Govt. of India, 2018-05-26)
Evidence (2024-06-21): Clarification: The PSL guidelines are activity and beneficiary specific and are not based on type of collateral. Therefore, bank loans given to individuals/ businesses for undertaking agriculture activities do not automatically become ineligible for priority sector classification, only on account of the fact that underlying asset is gold jewellery/ornament etc. It may, however, be noted that as per FIDD Circular dated February 7, 2019 and updated from time to time, it has been advised that banks may waive margin requirements for agricultural loans upto ₹1.6 lakh. Therefore, bank should have extended the loan based on scale of finance and assessment of credit requirement for undertaking the agriculture activity and not solely based on available collateral in the form of gold. Further, as applicable to all loans under PSL, banks should put in place proper internal controls and systems to ensure that the loans extended under priority sector are for approved purposes and the end use is continuously monitored.
Claim: A poster branding PM Modi as a nation robber has been put up in New York (SOCIAL MEDIA POST, 2023-06-20)
Evidence (2023-06-20): This poster is almost a year old and was put up in Hyderabad before the BJP National Executive Meeting in July 2022. Hence, the claim made in the post is False.
Claim: A poster branding PM Modi as a nation robber has been put up in New York (SOCIAL MEDIA POST, 2023-06-20)
Evidence (2023-06-22): The poster shows pictures of the masked characters from Money Heist, the Netflix series depicting the saga of eight thieves and a criminal mastermind, and features text that reads, "Mr. N Modi, we only rob banks, you rob the whole nation." Social Media users shared the poster with the caption, "Posters in the USA, the loud and clear message from money heist Mr. Modi we only rob a bank you rob the whole nation." [...] A Siasat Daily report of July 1, 2022, also carried the poster in a report titled "Hyderabad: ‘Money Heist’ poster calls PM Modi a ‘nation robber’."
Claim: A poster branding PM Modi as a nation robber has been put up in New York (SOCIAL MEDIA POST, 2023-06-20)
Evidence (2023-10-06): In poster war, PM Modi depicted as Adani puppet; Cong protests against BJP BJP responded to a sharp attack by sharing a poster in which Rahul Gandhi has been depicted as billionaire George Soros' puppet. The Congress and BJP are engaged in a full-blown poster war on social media since Thursday. A day after the Congress shared posters calling Prime Minister Narendra Modi the "biggest liar" and BJP hitting back by calling Rahul Gandhi "new age Ravan", the fight continued on Friday with Congress sharing a poster depicting PM Modi as Adani's puppet.
Claim: A poster branding PM Modi as a nation robber has been put up in New York (SOCIAL MEDIA POST, 2023-06-20)
Evidence (2023-09-24): In a leaked U.S. government cable from 2006, written as it became clear Mr. Modi was a potential future national leader, Michael Owen, the then-U.S. consul general in Mumbai, said Mr. Modi had "successfully branded himself as a non-corrupt, effective administrator, as a facilitator of business in a state with a deep commercial culture, and as a no-nonsense, law-and-order politician who looks after the interests of the Hindu majority."
Claim: A poster branding PM Modi as a nation robber has been put up in New York (SOCIAL MEDIA POST, 2023-06-20)
Evidence (2023-06-21): What have users said?: People on social media shared similar posts with a caption that said, "Posters in USA, loud and clear message from money heist. Mr Modi we only rob bank you rob the whole nation." [...] A report in Telangana Today said that Money Heist hoardings were put in Hyderabad calling PM Modi a "nation robber." [...] No information on anti-Modi hoardings in US: The Quint did not find any news reports supporting the fact that hoardings targeting PM Modi were put up in the US. However, there are reports which indicate that his visit has drawn criticism from human rights groups.
Claim: A poster branding PM Modi as a nation robber has been put up in New York (SOCIAL MEDIA POST, 2023-06-20)
Evidence (2023-06-21): A photograph of a poster inspired from popular series Money Heist with text "Mr. N Modi, we only rob bank, you rob the whole nation" written on it, is being shared on social media platforms in context of the Prime Minister’s visit to the US. Those sharing the image alleged,"Posters in USA,loud and clear message from money heist Mr modi we only rob bank you rob the whole nation (sic)" [...] A keyword search for "Money Heist Posters," and "PM Modi" on Google led us to a report by Telangana Today, dated July 1, 2022, titled "Hyderabad: ‘Money Heist’ hoarding at LB Nagar calls PM Modi ‘nation robber.’" Displaying the viral photograph, it stated, "Ahead of Bharatiya Janata Party’s national executive meeting, a massive hoarding accusing Prime Minister Narendra Modi of robbing the whole nation was put up at LB Nagar circle…" [...] A photograph of people holding banners with the Amnesty International logo, saying "Mr Modi," "We don’t let you forget," and "Gujarat 2002" has been linked to the Prime Minister’s US tour. Social media users shared it as evidence to show "anti-Modi posters in America."
Claim: A poster branding PM Modi as a nation robber has been put up in New York (SOCIAL MEDIA POST, 2023-06-20)
Evidence (2023-06-22): Mr modi we only rob bank you rob the whole nation#ModiNotWelcome pic.twitter.com/T4RuWDud1y— AbdQuddus@Hyderabad@india🇮🇳 (@abdquddus117) June 20, 2023 One poster inspired from popular series Money Heist with text "Mr. N Modi, we only rob bank, you rob the whole nation" written on it is being shared on social media platforms in context of the Prime Minister’s visit to the US. The post said, "Posters in USA,loud and clear message from money heist Mr modi we only rob bank you rob the whole nation (sic)". It was shared widely on Twitter, including one by Aurangabad Congress Sevadal. [...] When we searched "Money Heist Posters on PM Modi", Google search threw up results from several old news reports in July 2022 with Hyderabad dateline. The posters were erected in Hyderabad ahead of BJP’s national executive that was held in July 2022 there. The same was reported by Telangana Today, dated July 1, 2022, titled "Hyderabad: ‘Money Heist’ hoarding at LB Nagar calls PM Modi ‘nation robber.’"