NPA under Mudra Yojana stands at Rs 7,277 crore

Almost 73 per cent of the loans under PMMY have been extended to women borrowers.

Centre’s Mudra scheme faces big NPA troubles

The government has already disbursed around over Rs 6 lakh crore till date to almost 12 crore consumers.

The prime minister stressed on the need to tackle the issue of economic imbalances on a priority basis.

According to sources, the meeting will be held in Parliament House. All ministers have been asked to attend the crucial meeting.

Out of the 12 crore beneficiaries, 28 per cent or 3.25 crore are first-time entrepreneurs.

The new policy will replace the industrial policy of 1991 which was prepared in the backdrop of balance of payment crisis.

Of the total loan accounts, 76 per cent are of women and more than 50 per cent belong to SCs, STs and OBCs.

Under the scheme 80 per cent are women and 55 per cent from OBC, SC and ST categories.

The big draw of these camps are going to be Aadhaar seeding and authentication and assisting visitors to use the BHIM app.

So far Rs 3.42 lakh crore loan has been disbursed to over 8 crore people under the scheme.