MSME sector got substantial impetus from Mudra Yojana: Modi

TIL Desk/National/New Delhi/ Prime Minister Narendra Modi has hailed the union government scheme of Mudra Yojana for giving substantial impetus to the Micro, Small and Medium Enterprises (MSME) sector and said it is crucial for the country’s transformation.

Launched in 2015, the Pradhan Mantri Mudra Yojana (PMMY) was introduced to cater to entrepreneurs who were either in their early stage or require lesser funds in order to get their business running.

As the scheme completed three years of its launch on Sunday, Modi tweeted his delight and said that his government was undertaking a series of steps and reforms to facilitate further growth in the sector.

“Through Mudra Yojana, the MSME sector is receiving a substantial impetus. MSME is a sector that is crucial for India’s transformation and our government is undertaking a series of steps and reforms to facilitate further growth in the sector,” Modi said.