44K MUDRA loans worth ₹246.24 cr for Indian handloom in 3 yrs

The Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by Prime Minister Narendra Modi on April 8, 2015, for providing loans up to ₹10 lakh to non-corporate, non-farm small and micro enterprises. These loans are classified as MUDRA loans.

The textiles ministry has written to all banks and state governments to sensitise bank branches about the scheme, registration on portal, expeditious sanction and disbursement of loans and organise regular meetings to monitor the progress for increasing the number and amount of such loans to weavers, an official release cited the minister as saying.

Jardosh also holds the portfolios of consumer affairs and food and public distribution as minister of state.

Fibre2Fashion News Desk (DS)