Hyderabad: Union Minister for Minority Affairs Mukhtar Abbas Naqvi today said here that under the “Mudra Yojna”, launched on 8th April 2015, the Centre has approved about 9.13 crore loans.
Addressing the common people, traders, industries’ representatives and people in Hyderabad during “Pradhanmantri Mudra Yojna” promotion camp, Naqvi said that there are about 76 percent of beneficiaries of “Mudra Yojna” are women.
More than 55% of the beneficiaries are SC/ST/OBCs and Minorities, he added.
Naqvi said that today each and every country of the world recognises India as an emerging economic power. Today, India has become one of the safest and strongest destination for investment.
She said that during the last three years, the NDA Government has moved forward towards strengthening the Indian economy. Growth rate has been above 7% during the last three years.
The Union Minister said that demonetisation has started giving results. Direct Benefit Transfer has ensured transparency, as money was deposited directly into the bank accounts of the beneficiaries.
Naqvi explained the people about “Mudra Yojna” and various other schemes such as “Start Up India”, “Stand Up India”. Under the “Mudra” scheme, loans are being given in various category- Up to Rs 50,000 in “Shishu Category”; from Rs 50,000 to Rs 5 lakh under “Kishor Category” and from Rs 5 lakh to Rs 10 lakh under “Tarun Category”. (INN)