ISSN : 2348-0351

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ABSTRACT

Promoting Entrepreneurship through Prime Minister MUDRA Yojana: A study with reference to Nanded City

Aparna A. Rudrawar' , Sadanand R. Shinde'

ABSTRACT

Although MSME is the largest growing sector of the country, it suffers many hurdles as far as getting access to the organized financial assistance is concerned. In order to resolve this issue and to bring MSME in the financial mainstream, Prime Minister MUDRA Yojana has been launched on April, 8 2015. The focus of MUDRA (Micro Units Development and Refinance Agency) is to ‘Fund the unfunded’ and to attain an inclusive and sustainable growth by providing assistance to NonCorporate Small Business Sector who are deprived from organized financial system.This paper aims at studying the growth and development of entrepreneurial activities after getting financial assistance under PMMY in Nanded city. Keywords: - MSME, MUDRA, PMMY.

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