Which scheme was launched by the Government of India to provide collateral-free loans up to Rs. 10 lakh to micro enterprises?
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Question

Which scheme was launched by the Government of India to provide collateral-free loans up to Rs. 10 lakh to micro enterprises?

Accepted Answer

Pradhan Mantri Mudra Yojana (PMMY) was launched to provide formal banking credit up to Rs. 10 lakh to non-corporate, non-farm small/micro enterprises.

Small Business and Enterprises

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