Question
Which new category has been introduced under the Pradhan
Mantri Mudra Yojana to cover loans between ₹10 lakh and ₹20 lakh?Solution
The Pradhan Mantri Mudra Yojana has introduced a new category called "Tarun Plus" to cover loans ranging from ₹10 lakh to ₹20 lakh. This category targets entrepreneurs who need larger funding for expansion, thus supporting the government’s focus on job creation and economic development.
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