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The Real And Hard Truth Of Mudra Loan

Original link: https://www.dailymotion.com/video/x6t9q0r

Welcome Friends,
In This video, I am going to tell you about The Real And Hard truth of Mudra Loan.
radhan Mantri Mudra Yojana is a special scheme set up by the Government of India through MUDRA (a subsidiary of SIDBI). MUDRA supports institution to extend loans to the non-corporate non-farm sector income generating activities of micro and small entities (subject to those enterprises with credit needs below 10 lakhs).
The interventions have been named 'Shishu', 'Kishor' and 'Tarun' to signify the stage of growth / development and funding needs of the beneficiary micro unit / entrepreneur.
The business should be either one of the following:
Small manufacturing enterprise
Shopkeepers
Fruit and Vegetable vendors
Artisans
'Activities allied to agriculture', e.g. pisciculture, bee keeping, poultry, livestock, rearing, grading, sorting, aggregation agro industries, diary, fishery, agriclinics and agribusiness centres, food & agro-processing, etc.(excluding crop loans, land improvement such as canal, irrigation and wells).
Since Mudra itself is not a bank, the loans under Mudra scheme can be availed only through banks and other lending institutions which include:
Banks in public sector
Banks in private sector
State operated cooperative banks
Rural banks from regional sector
Institutions offering micro finance
Financial companies other than banks

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