On April 8, 2025, India celebrated the 10th anniversary of the Pradhan Mantri MUDRA Yojana (PMMY), a scheme aimed at empowering small businesses and marginalized communities. Prime Minister Modi praised the scheme’s transformative impact, noting its role in fostering entrepreneurship, financial inclusion, and economic freedom.

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• PM Modi marks 10 years of MUDRA Yojana on April 8, 2025.
• The scheme has sanctioned over 52 crore loans, totaling ₹32.61 lakh crore.
• MUDRA has empowered marginalized communities, with nearly 50% of beneficiaries from SC, ST, and OBC communities.
• Over 70% of MUDRA beneficiaries are women, with loans growing at 13% CAGR from ₹38,000 (FY16) to ₹1.02 lakh (FY25).
• The MUDRA scheme has played a key role in increasing credit flow to MSMEs, with lending rising from ₹8.51 lakh crore (FY14) to ₹27.25 lakh crore (FY24).
• Women-led MSMEs have generated significant employment, especially in states with high female loan recipients.
• The Kishor loan category (₹50,000 to ₹5 lakh) now accounts for 44.7% of total disbursals, reflecting demand for larger loans.
• Tamil Nadu, Uttar Pradesh, and Karnataka lead in MUDRA loan disbursals.
• The scheme has enhanced access to formal finance for underserved groups, including minority communities.
• The IMF has praised MUDRA for promoting self-employment and supporting women-led businesses.