Question
The Pradhan Mantri Mudra Yojana completed 10 years of
its launch. The government introduced a new category under this scheme to cover loans between â‚ą10 lakh and â‚ą20 lakh. What is this new category called?Solution
The Pradhan Mantri Mudra Yojana has introduced a new category called "Tarun Plus" to cover loans ranging from â‚ą10 lakh to â‚ą20 lakh. This new limit took effect on October 24, 2024. This announcement also introduces a new loan category, Tarun Plus, designed specifically for those who have previously availed and successfully repaid loans under the Tarun category, allowing them to access funding between â‚ą10 lakh and â‚ą20 lakh. Â
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