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Under the aegis of Pradhan Mantri Mudra Yojana (PMMY), MUDRA has created products/ schemes. The interventions have been named 'Shishu', 'Kishore' and 'Tarun' to signify the stage of growth/development and funding needs of the beneficiary micro unit/entrepreneur and also provide a reference point for the next phase of graduation/growth to look forward to : Shishu: covering loans up to 50,000/- Kishor: covering loans above 50,000/- and up to 5 lakh Tarun: covering loans above 5 lakh and up to 10 lakh
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