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Govt rolls out loans for the needy


  • Seeking to provide loans to 57.7 million small businesses, the Micro Units Development and Refinance Agency (Mudra) has been taken up by a six-member joint panel comprising representatives from the government and the BJP for its proper implementation.
  • The Mudra card, which will have the shape and size of an ATM card -would come in saffron colour and would also bear the photograph of Prime Minister Narendra Modi.
  • Credit would be available in three categories: ‘Shishu’ for loans upto Rs 50,000; ‘Kishore’ for loans from more than Rs 50,000 to Rs 5lakh; and ‘Tarun’ for loans up to Rs 10lakh.

Source: IndiaToday

About Swathi Ragiphani

One comment

  1. Nagendra Mahato

    Dear Sirs,

    Please inform me the detail information of the availability of the loan under ‘Tarun’ scheme.

    Thanks and regards,

    Nagendra Mahato

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