💨 Abstract

The Pradhan Mantri Mudra Yojana (PMMY), a government initiative providing collateral-free loans to micro-enterprises, is showing improved financial inclusion in underdeveloped states, benefiting weaker regions more, according to a report by SBI Research. The report highlights that a higher share of PMMY disbursements to women leads to increased employment and better financial situations for women-led MSMEs.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖