Mudra: Digital India Corporation(DIC)Ministry of Electronics &

Digital India Corporation(DIC)Ministry of Electronics & IT (MeitY)Government of India® MUDRA stands for Micro Units Development & Refinance Agency Ltd ., a financial institution set up by the Government of India to provide funding to the non-corporate micro sector. Loans under MUDRA are collateral-free and designed to foster inclusive growth by extending credit to small businesses. Learn the definition, origin, benefits, and types of mudras, symbolic hand gestures that can enhance your yoga, meditation, and wellness. Find out how to practice mudras correctly and what they can do for your energy flow, focus, and emotional balance. Pradhan Mantri Mudra YojanaWhy in News More than 28.68 crore loans for an amount of Rs. 14.96 lakh crore have been sanctioned by banks, NBFCs and MFIs since the launch of Pradhan Mantri Mudra Yojana (PMMY). Key Points About Pradhan Mantri Mudra Yojana (PMMY): Launch and Aim: It was launched by the government in 2015 for providing loans up to Rs. 10 lakh to the non-corporate, non-farm small/micro-enterprises. Funding Provision: MUDR A , which stands for Micro Units Development & Refinance ...