Lok Sabha Question No. 742 (UNSTARRED), answered on 2022-12-12
Subject: Objectives of MUDRA Yojana
Ministry: FINANCE
Asked by: Girish Bhalchandra Bapat, Chandra Sekhar Sahu, Pritam Gopinath Munde, Rahul Ramesh Shewale

## Government of India Ministry of Finance Department of Financial services

## LOK SABHA UNSTARRED QUESTION NO. 742

ANSWERED ON DECEMBER 12, 2022/AGRAHAYANA 21, 1944 (SAKA)

## Objectives of MUDRA Yojana

742.  SHRI GIRISH BHALCHANDRA BAPAT : SHRI CHANDRA SEKHAR SAHU : DR. PRITAM GOPINATHRAO MUNDE: SHRI RAHUL RAMESH SHEWALE :

Will the Minister of FINANCE be pleased to state:

- (a) the objectives of the MUDRA Scheme and the amount of loan disbursed so far under the Pradhan Mantri MUDRA Yojana to provide self-employment opportunities to the youth, State-wise, particularly in Maharashtra and Odisha;
- (b) whether the MUDRA Scheme has achieved its goal;
- (c) if so, the number of youths benefited therefrom so far and the success rate of self-employment, State-wise particularly in Maharashtra and Odisha and if not, the reasons therefor;
- (d)  whether the products being offered by MUDRA are designed to meet requirements of different sectors/business activities and if so, the details thereof; and
- (e) whether the Government has evaluated the requirement of different sectors/business activities to achieve the desired self-employment goal and if so, the details thereof?

## ANSWER

Minister of State in the Ministry of Finance (Dr. BHAGWAT KARAD)

(a) to (e) Under the Pradhan Mantri Mudra Yojana (PMMY), collateral-free institutional credit up to Rs. 10 lakh is provided by Member Lending Institutions (MLIs) i.e. Scheduled Commercial Banks (SCBs), Regional Rural Banks (RRBs), Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs).  Any individual, who is otherwise eligible to take a loan and has a business plan for small business enterprise can avail loan under the Scheme. He/She can avail loans for income generating activities in the manufacturing, trading, services sector and also for activities allied to agriculture across three loan products, viz. Shishu (loans up to Rs. 50,000), Kishore (loans above Rs. 50,000 and up to Rs. 5 lakh) and Tarun (loans above Rs. 5 lakh and up to Rs. 10 lakh).  As per data uploaded by MLIs on Mudra portal, as on 25.11.2022, more than 37.76 crore loans amounting to over Rs. 20.43 lakh crore have been disbursed since inception of the Scheme in April 2015. State/UT-wise details of loans disbursed under PMMY, including that of Maharashtra and Odisha are annexed.

Ministry  of  Labour  and  Employment  (MoLE) has conducted a large sample survey at the national level to  assess employment generation under PMMY. As per the survey results, PMMY helped in generating 1.12 crore net additional employment during a period of approximately 3 years (i.e. from 2015 to 2018). At an overall level, Shishu category of loan constitutes about 66% of share among additional employment generated by establishments owned by MUDRA beneficiaries followed by Kishore (19%) and Tarun (15%) categories respectively.

*******

## Annexure as referred to in Part (a) of Lok Sabha Unstarred Que No. 742 for reply on 12.12.2022

State/UT-wise detail of loans extended under Pradhan Mantri Mudra Yojana (PMMY)  since inception of the Scheme (from 08.04.2015 to 25.11.2022)

|       |                                                | Amount in Rs. Crore Cumulative   | Amount in Rs. Crore Cumulative   |
|-------|------------------------------------------------|----------------------------------|----------------------------------|
| Sr No | State/UT Name                                  | No. of Loan A/Cs                 | Disbursed Amount                 |
| 1     | UT of Andaman and Nicobar Islands              | 46,640                           | 822                              |
| 2     | Andhra Pradesh                                 | 67,48,393                        | 73,994                           |
| 3     | Arunachal Pradesh                              | 80,267                           | 917                              |
| 4     | Assam                                          | 94,89,737                        | 44,435                           |
| 5     | Bihar                                          | 3,83,77,375                      | 1,55,813                         |
| 6     | Chandigarh                                     | 1,59,808                         | 2,520                            |
| 7     | Chhattisgarh                                   | 74,08,404                        | 38,030                           |
| 8     | UT of Dadra and Nagar Haveli and Daman and Diu | 28,091                           | 433                              |
| 9     | UT of Delhi                                    | 28,09,198                        | 29,986                           |
| 10    | Goa                                            | 2,93,738                         | 3,536                            |
| 11    | Gujarat                                        | 1,14,42,470                      | 82,936                           |
| 12    | Haryana                                        | 71,55,805                        | 47,371                           |
| 13    | Himachal Pradesh                               | 8,12,287                         | 14,381                           |
| 14    | Jharkhand                                      | 1,07,39,997                      | 48,741                           |
| 15    | Karnataka                                      | 3,61,34,618                      | 1,91,101                         |
| 16    | Kerala                                         | 1,25,50,672                      | 75,366                           |
| 17    | UT of Lakshadweep                              | 6,997                            | 86                               |
| 18    | Madhya Pradesh                                 | 2,30,32,428                      | 1,14,585                         |
| 19    | Maharashtra                                    | 3,00,83,057                      | 1,73,317                         |
| 20    | Manipur                                        | 4,17,703                         | 2,225                            |
| 21    | Meghalaya                                      | 2,19,460                         | 1,842                            |
| 22    | Mizoram                                        | 98,508                           | 1,370                            |
| 23    | Nagaland                                       | 1,03,801                         | 1,226                            |
| 24    | Odisha                                         | 2,53,44,432                      | 95,126                           |
| 25    | UT of Puducherry                               | 9,83,791                         | 5,487                            |
| 26    | Punjab                                         | 74,70,236                        | 51,548                           |
| 27    | Rajasthan                                      | 1,63,39,347                      | 1,12,081                         |
| 28    | Sikkim                                         | 1,25,965                         | 1,076                            |
| 29    | Tamil Nadu                                     | 4,43,75,023                      | 2,08,429                         |
| 30    | Telangana                                      | 54,85,668                        | 46,914                           |
| 31    | Tripura                                        | 23,61,103                        | 11,288                           |
| 32    | UT of Jammu and Kashmir                        | 12,76,239                        | 27,061                           |
| 33    | UT of Ladakh                                   | 37,596                           | 1,179                            |
| 34    | Uttar Pradesh                                  | 3,58,31,810                      | 1,86,046                         |
| 35    | Uttarakhand                                    | 23,70,514                        | 19,873                           |
| 36    | West Bengal                                    | 3,73,54,502                      | 1,72,178                         |
|       | All India                                      | 37,75,95,680                     | 20,43,316.07                     |

Source: As per data uploaded by Member Lending Institutions (MLIs) on Mudra Portal