Pradhan Mantri Mudra Yojana (PMMY) is one of the most important schemes of promotion of financial inclusion in India. Under this scheme, people can take a loan up to Rs. 10 lakhs to start their businesses. This paper aims to highlight the opportunity, benefits, and performance of PMMY in India especially in Tamilnadu This type of scheme will add to the well-being of the individuals engaged in small-scale industries which will positively shape the progress of the economy as a whole. MUDRA as a financial tool is found very effective in its early stages across the country. Mudra Bank Loan yojana comes as a vision from Shri Narendra Modi, by the slogan, “fund the unfunded”
Keyword: Finance, MUDRA, MSME, SIDBI, GDP Growth
Dr. C. Vijai*