Over 60% of Mudra Loans Secured by Women, Says PM Modi
Synopsis
Prime Minister Narendra Modi reveals that over 60% of loans from the Pradhan Mantri Mudra Yojana are taken by women. This significant statistic showcases the growing role of women in entrepreneurship and economic development.
Key Takeaways
Over 60% of Mudra loans are taken by women.
Women are increasingly involved in entrepreneurship.
The Mudra scheme supports financial inclusion for women.
Women play a vital role in India’s startup ecosystem.
Over 14 lakh women are engaged in local governance.
New Delhi, April 13 (NationPress) Prime Minister Narendra Modi announced on Monday that over 60 percent of the loans distributed under the Pradhan Mantri Mudra Yojana have been utilized by women.
Speaking at the 'Nari Shakti Vandan Sammelan' at Vigyan Bhawan, he emphasized how women in India are increasingly taking the initiative to establish their own identities through entrepreneurship.
"Today, our daughters are defining their paths in business. More than 60 percent of the Mudra scheme loans have been acquired by women," PM Modi stated.
He pointed out that this active engagement not only strengthens families but also plays a crucial role in the nation’s economic advancement.
"Women are spearheading the startup revolution in the country," the Prime Minister remarked, highlighting their expanding influence in entrepreneurship and the startup ecosystem.
Emphasizing the significance of financial inclusion, PM Modi mentioned that the Mudra scheme has empowered women at the grassroots level by facilitating easier access to funding.
He further indicated that the fact that women constitute more than 60 percent of the beneficiaries signifies a silent yet impactful change in India’s entrepreneurial scenario.
"Women are leading the charge in the startup revolution, breaking boundaries and seizing new opportunities," PM Modi added.
The Prime Minister reiterated that women's involvement in decision-making processes is vital for ensuring a prosperous future for India.
"The growing conversations surrounding women’s representation reflect the strength of Indian democracy and mark a positive shift in societal perspectives," the Prime Minister observed.
On the Nari Shakti Vandan initiative, he stated that it will provide "new wings" to women’s aspirations nationwide, facilitating a smoother transition from grassroots leadership to higher political positions.
He highlighted that currently over 14 lakh women are engaged in local governance, playing a pivotal role in shaping policies at the community level.
Point of View
The increasing participation of women in securing Mudra loans represents a pivotal shift in India’s economic landscape. This trend not only empowers women but also lays the groundwork for a stronger, more inclusive economy. PM Modi's emphasis on women’s roles in entrepreneurship reflects a broader societal change that prioritizes gender equality in economic contributions.
NationPress
7 Aug 2026
Frequently Asked Questions
What is the Pradhan Mantri Mudra Yojana?
The Pradhan Mantri Mudra Yojana is a government initiative aimed at providing financial support to small businesses and entrepreneurs, particularly in the informal sector.
How much of the Mudra loans are availed by women?
According to Prime Minister Modi, over 60% of the loans under the Pradhan Mantri Mudra Yojana have been availed by women.
What impact does the Mudra scheme have on women's entrepreneurship?
The Mudra scheme empowers women by providing easier access to credit, enabling them to start and grow their businesses, thus contributing to economic growth.
What is the significance of women's participation in decision-making?
Women’s involvement in decision-making is crucial for ensuring a balanced and inclusive approach to policy-making, promoting a brighter future for the nation.
How many women are currently part of local governance?
More than 14 lakh women are currently involved in local governance institutions, playing a key role in shaping grassroots policies.
