Mudra loans:
The government has doubled the limit of Mudra loans under the Pradhan Mantri Mudra Yojana (PMMY) from Rs 10 lakh to Rs 20 lakh, introducing a new ‘Tarun Plus’ category. This change, announced by Finance Minister Nirmala Sitharaman in her July 2024 Budget speech, aims to promote entrepreneurship and support emerging business owners.
