Paper Title

An Empirical Analysis on Role of Pradhan Mantri MUDRA Yojana (PMMY) in Minorities' Economic Development in India

Authors

Dr.S.MANIKANDAN

Keywords

PMMY, NBFC, Minority

Abstract

Pradhan Mantri Mudra Yojana (PMMY) was launched on 8th April 2015 by the Hon’ble Prime Minister, Shri Narendra Modi. The PMMY issued by Department of Financial Services (DFS), Government of India (GOI) indicated that all banks are required to lend to micro enterprises engaged in manufacturing, processing, trading and service sector activities, for a loan upto ₹ 10 lakh. Mudra was planned to monitor the progress of PMMY. The setting up of PMMY sought to fill the credit gaps in small, micro and tiny enterprises to promote economic activity. Another prime objective of PMMY is providing financial support to women entrepreneurs for both financial inclusion and empowerment. The present study focuses on the growth of Minority Entrepreneurs in India through PMMY Scheme during 2015-16 to 2020-21. To analyse the data simple percentage analysis is used in the study.

How To Cite

"An Empirical Analysis on Role of Pradhan Mantri MUDRA Yojana (PMMY) in Minorities' Economic Development in India ", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.8, Issue 3, page no.d448-d453, March-2023, Available :https://ijnrd.org/papers/IJNRD2303359.pdf

Issue

Volume 8 Issue 3, March-2023

Pages : d448-d453

Other Publication Details

Paper Reg. ID: IJNRD_189359

Published Paper Id: IJNRD2303359

Downloads: 000118878

Research Area: Commerce

Country: Coimbatore., TAMILNADU, India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2303359

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2303359

DOI: http://doi.one/10.1729/Journal.33440

About Publisher

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJNRD (IJ Publication) Janvi Wave

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