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PMMY Empowers Women, Faces Challenges in Financial Inclusion

4/14/2025

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Summary

Story summary

The Pradhan Mantri Mudra Yojana (PMMY) has transformed financial inclusion in India, empowering women who represent 68% of its beneficiaries. Since its launch in 2015, it has allocated an impressive INR32.4 lakh crore across 52 crore loan accounts. However, regional disparities and inadequate borrower support remain hurdles, calling for urgent reforms to ensure lasting progress.

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Story summary

The Pradhan Mantri Mudra Yojana (PMMY) has transformed financial inclusion in India, empowering women who represent 68% of its beneficiaries. Since its launch in 2015, it has allocated an impressive INR32.4 lakh crore across 52 crore loan accounts. However, regional disparities and inadequate borrower support remain hurdles, calling for urgent reforms to ensure lasting progress.