Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Livemint
Livemint
National
Livemint

70% Mudra loans disbursed to women entrepreneurs: PM Modi

Prime Minister Narendra Modi. (File Photo: Hindustan Times)

Addressing a conference on self help groups at Karahal, Madhya Pradesh, the prime minister said that under the Mudra scheme, about 19 trillion in loans have been provided to small businesses across the country.

“About 70% of this money has been received by women entrepreneurs. I am happy that due to such efforts of the government, the role of women in the economic decisions of the household is increasing today," he said.

Talking about the Jan Dhan bank accounts, the PM Modi said that it has become a huge medium of women empowerment in the country. “Today, the names of women are attached in the houses received under PM Awas Yojana. Our government has enabled more than 2 crore women in the country to become house owners," the prime minister said, adding that, “The economic empowerment of women empowers them equally in society."

He also handed over bank loan sanction letters to SHG members and kits under the Jal Jeevan Mission were also handed over by him. About one lakh women who are members of SHGs were present on the occasion and about 43 lakh women were connected from various centres.

Modi said the success of any sector is directly linked with the increased representation of women.

He inaugurated four Particularly Vulnerable Tribal Groups (PVTG) skilling centres under PM Kaushal Vikas Yojana.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Post your comment
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
From analysis to the latest developments in health, read the most diverse news in one place.
Already a member? Sign in here
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.