Initiated in 2015 by the NDA government, the Pradhan Mantri Micro Units Development and Refinance Agency Yojana primarily aim at extending financial help to the small and medium business sector, including non-farm and non-corporate companies. They are struggling for the financial aid necessary to begin and grow their business.

The Reserve Bank of India has fixed the Business Loan interest rates to the base…

Women entrepreneurs are the major reason India is witnessing growth. From healthcare, finance, and education to technological developments, females are establishing and running businesses like never before. We are seeing a tremendous transformation in this section in both urban and rural areas. Moreover, the government is also coming up with several schemes for women entrepreneurs to support their dreams.

The best decision is to apply for a…

Many micro, small, medium, or large enterprises in India may have the potential to contribute significantly to the economy but are struggling due to low funding. Mudra is an abbreviation for Micro-Units Development and Refinance Agency, a credit-funding scheme that provides financial aid to enterprises through a Loan.

The Indian Government has put in place the Pradhan Mantri Mudra Yojana scheme to help…