Loan Limit Under PM Mudra Yojana (PMMY) Increased to ₹20 Lakh: A Big Boost for Small Entrepreneurs
In a significant boost for budding entrepreneurs, the Government of India has increased the loan limit under the Pradhan Mantri Mudra Yojana (PMMY) from ₹10 lakh to ₹20 lakh. Announced by the Finance Minister in the Union Budget 2024-25, this move aligns with the government’s goal of "Funding the Unfunded" and further strengthens India's micro-enterprise