Finance Ministry Enhances Mudra Loan Limit to Rs. 20 Lakh, Launches New ‘Tarun Plus’ Category to Boost Entrepreneurship
New Delhi: In a significant move aimed at bolstering India’s entrepreneurial ecosystem, the Finance Ministry has raised the loan limit under the Pradhan Mantri Mudra Yojana (PMMY) from Rs. 10 lakh to Rs. 20 lakh. The enhancement, announced on July 23, 2024, during the Union Budget for 2024-25, underscores the government’s commitment to empowering small…