Abstract:
There are many financial inclusions introduced by Government of India (GOI), but one of the most popular one is Pradhan Mantri MUDRA Yojana. PMMY has been started by government of India (GOI) for encouraging and uplifting new entrepreneurship in India. It is a non-banking financial institution by GOI. It provides loans upto Rs.10 lakh to the non-corporate, non-farm small/micro enterprises. These loans are classified as MUDRA loans under PMMY. MUDRA loans play a major role in success of new enterprises. Key Words : Government of India (GOI), MUDRA loan, Small/ Micro finance, Non-Banking financial Institution