Mudra helped entrepreneurs escape moneylenders, middlemen's clutches: PM Narendra Modi
The Prime Minister said earlier people without connections were unable to get loans and were either forced to wait or migrate to big cities in search of jobs. "Mudra Yojana has opened up new avenues for youth, women and those who want to start or expand their businesses. Not only this, Mudra Yojana is also acting as a job multiplier," he added.
Prime Minister Narendra Modi, interacting with the beneficiaries of the PMMY, said the scheme has broken the "vicious cycle" of moneylenders and middlemen who used to control an entrepreneur`s dream. Image source: mudra.org.in