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PMMY was built on a revolutionary idea that the Indian state could trust its most marginalised citizens with credit, when the formal banking system hesitated Financial inclusion has been at the forefront of the agenda of the Narendra Modi government. In the last decade, India witnessed a silent transformation where millions of ordinary citizens stepped into entrepreneurship with newfound confidence and agency. At its heart lies an initiative launched on April 8, 2016, by the prime minister, the ...Read More >
West Bengal Assembly Elections: BJP Likely to Announce First List of Candidates This Week More than ₹40 lakh crore in collateral-free loans have been sanctioned under the Pradhan Mantri Mudra Yojana over the past eleven years, marking a major expansion of formal credit access for India's small businesses and micro entrepreneurs. The flagship micro-credit programme, launched on April 8, 2015, has issued over 58 crore loans so far, helping individuals start or expand small enterprises across sec ...Read More >
Chikkaballapur (Karnataka), April 8 (SocialNews.XYZ) The Central Government's flagship Pradhan Mantri Mudra Yojana (PMMY) continues to transform the lives of small entrepreneurs across the country, with another success story emerging from Karnataka's Chikkaballapur district. Beer Bahadur Dhami, a resident of Ward No. 30 in Chamarajpet, has successfully established and expanded his restaurant business with financial assistance received under the scheme. Availing a collateral-free loan of Rs 1.95 ...Read More >
New Delhi, Apr 8 (UNI) Prime Minister Narendra Modi on Wednesday marked 11 years of the Pradhan Mantri Mudra Yojana, stating that the initiative has played a significant role in boosting self-employment among the country's youth. In a post on X, the Prime Minister said, "Exactly 11 years ago today, the Prime Minister's Mudra Yojana was launched, and it has proven to be highly beneficial in promoting self-employment among the youth." He added that the scheme's success demonstrates how acce ...Read More >
New Delhi [India], April 8 (ANI): Prime Minister Narendra Modi on Wednesday hailed the impact of the Pradhan Mantri Mudra Yojana (PMMY) on its 11th anniversary, stating that the initiative has been pivotal in fostering self-employment and making the youth of the nation self-reliant. In a post on X, the Prime Minister emphasised that providing the right opportunities is key to individual and national growth. "Exactly 11 years ago, the Pradhan Mantri Mudra Yojana, launched today, has proven to b ...Read More >
Dehradun (Uttarakhand) [India], April 8 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami on Wednesday said that the Pradhan Mantri Mudra Yojana (PMMY) has triggered a "new revolution of self-reliance" across the country as the scheme completes 11 years. Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme of the Government of India and was launched on April 8, 2015. He credited the initiative for empowering youth, women, and small entrepreneurs through collateral-free loans and boostin ...Read More >
New Delhi, Oct 28 (PTI) India's services sector employs nearly 30 per cent of the country's workforce, which is still lower than the global average of 50 per cent, reflecting a slower structural transition, NITI Aayog said in a report on Tuesday. The Aayog, in a report titled 'India's Services Sector: Insights from Employment Trends and State-Level Dynamics', further said that services remain the mainstay of India's employment growth and post-pandemic recovery, but challenges persist. "Service ...Read More >
Kargil, Oct 23: The Kargil Jan Hit camp, an integrated mega awareness and outreach programme aimed at reaching unemployed youth, artisans and entrepreneurs of far-flung areas, concluded successfully on Thursday at the Syed Mehdi Memorial Auditorium, Kargil. The Lieutenant Governor of Ladakh graced the valedictory session as the chief guest, marking the successful culmination of the month-long initiative held across 31 Gram Panchayats from September 10 to October 16, 2025. The programme witness ...Read More >
Patna: Taking a cue from NDA's Mukhya Mantri Mahila Rojgar Yojana scheme to reach out to the vast women voter base across Bihar, RJD leader Tejashwi Prasad Yadav on Wednesday promised permanent govt jobs to Jeevika didis with a monthly salary of Rs 30,000 and interest-free loan, if the INDIA bloc is voted to power.While it remains to be seen how the voters react to the announcement, political commentators see this as an attempt to smartly counter PM Narendra Modi-launched scheme where Rs 10,000 ...Read More >
New Delhi, October 3, 2025: Union Minister for Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya, highlighted India's historic expansion in social security coverage from 19% in 2015 to 64.3% in 2025, covering over 940 million citizens, as recognised by the International Labour Organisation (ILO). Dr. Mansukh Mandaviya was addressing the World Social Security Forum (WSSF) 2025 in Kuala Lumpur, Malaysia today, where India has been conferred with the prestigious International S ...Read More >
Bihar Chief Minister Nitish Kumar criticized Lalu Prasad for prioritizing his family. Kumar highlighted the NDA government's focus on women's empowerment and state development since 2005. He contrasted this with the previous government's actions. Prime Minister Narendra Modi launched the Mukhya Mantri Mahila Rojgar Yojana. The scheme aims to promote self-employment for women. The launch occurred virtually, with many participants. Bihar Chief Minister Nitish Kumar on Friday made a veiled dig at ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped insi ...Read More >
NEW DELHI: India's unemployment rate remained steady at 5.6% in June, unchanged from May, as an improvement in rural areas offset a rise in urban joblessness, official data released on Tuesday showed. Rural unemployment declined to 4.9% in June from 5.1% in May, while urban unemployment increased to 7.1% from 6.9%. The data reflects the share of individuals aged 15 and above who are actively seeking work and available for employment. "The decrease in the unemployment rate for rural areas for ...Read More >
VMPL New Delhi [India], July 11: Owning a home is a dream for many families, as it represents security and long-term stability. A home loan often helps to fulfil this dream by providing financial support to purchase property. A home loan is a financial product that helps an individual to purchase residential property by borrowing funds from a lender. Understanding the potential benefits of a home loan may allow an individual to make better decisions. This article details out some key benefits o ...Read More >
Chennai: Over the past decade India has lifted 171 million people from extreme poverty. Those living on less than $2.15 per day fell from 16.2 percent in 2011- 12 to 2.3 percent in 2022-23, finds the World Bank. However, Wage disparity remains high, with the median earnings of the top 10 per cent being 13 times higher than the bottom 10 per cent in 2023-24. Rural extreme poverty dropped from 18.4 percent to 2.8 percent, and urban from 10.7 percent to 1.1 percent, narrowing the rural-urban gap f ...Read More >
Hyderabad: The Society for Employment Promotion and Training in Twin Cities (Setwin) announced plans to introduce electric mini buses in Hyderabad to combat pollution, which is decided in a recent review meeting. Setwin operates 37 buses across six routes, serving the public in Hyderabad and its surrounding areas. Speaking to Deccan Chronicle, Setwin chairman N. Giridhar Reddy and managing director K. Venu Gopal Rao said the decision aligns with the RTA Act, which mandates the replacement of bu ...Read More >
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