PM Mudra Yojana: Central government gave a big gift before Diwali, has taken this step

The central government has given a big gift to the people before the festival of Diwali. The central government has announced to increase the loan limit under the Pradhan Mantri Mudra Yojana to promote entrepreneurship in the country before the festival of lights. The government has doubled the loan limit.

According to the news, the Narendra Modi government at the Center has now increased the loan limit under the PM Mudra Yojana from Rs 10 lakh to Rs 20 lakh. This information has been given by issuing a statement by the Ministry of Finance.

The ministry informed that through this increase in the loan limit, we want to further the objective of the Mudra scheme.

Union Finance Minister Nirmala Sitharaman presented the budget in the Lok Sabha and announced to increase in the existing limit of Mudra loan from Rs 10 lakh to Rs 20 lakh.