Banking service chronicle

Banking service chronicle

Banking service chronicle published this article page no 6 the pradhan mantri mudra yojana was launched on 8 april 2015 by prime minister narendra modi to facilitate easy collateral-free micro-credit of up to ten lakh rupees to non-corporate non-farm small and micro-entrepreneurs for income-generating activities. pradhan mantri mudra yojana has sanctioned more than 40 crore 82 lakh loans amounting to over 23 lakh crore rupees. 21% of the total loans have been sanctioned to new entrepreneurs. about 68% of accounts under the scheme belong to women entrepreneurs and 51% of accounts belong to entrepreneurs of sc st and obc categories Banking service chronicle magazine subscription.

Banking service chronicle

Banking service chronicle

Banking service chronicle

Banking service chronicle published this article page 6 the cooperative model can bring economically weaker sections of our society to the forefront of economic growth and can create widespread financial prosperity.  for example lijjat papad amul rs. 60000 crores are directly remitted into bank accounts of the women dairy farmers.) and other milk cooperatives. there is a need to ensure emergence of large number of cooperatives in new and evolving sectors like insurance health tourism processing storage industrial and service sectors etc.  the cooperative movement should reach all the villages and should be transformed  into a mass movement Banking service chronicle magazine subscription.

Banking service chronicle