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Mudra Yojana hasn’t grown the way I wanted: Modi


New Delhi: Prime Minister Narendra Modi said on Sunday that the pace of enrolment for the Pradhan Mantri MUDRA Yojana (PMMY) to help small entrepreneurs had not picked up the way he expected it to.

“Though the MUDRA (Micro Units Development and Refinance Agency) Yojana is in place to help small entrepreneurs, the speed at which I want to go with it has not been attained,” Modi said in his Mann Ki Baat address on All India Radio.

“But the beginning is good. So far about 66 lakh people have benefited … with Rs.42,000 crore spent. I am happy to announce that out of 66 lakh people, some 24 lakh are women,” he said.

“And the majority of these beneficiaries are from among the Scheduled Caste, Scheduled Tribe and Other Backward Class, people who stand up and themselves take responsibility to take care of their families.

“…PMMY funds the unfunded and is thus focused on empowering people in the true sense,” he said.

“It provides a boost to three Es – Enterprises, Earning and Empowerment. The scheme encourages enterprises, provides the opportunity for earning, and in the truest sense empowers people. It is helping small entrepreneurs.”

“The scheme is trying to help small workers such as barbers, laundrymen, milkmen, newspaper vendor…”

The prime minister said: “I got to know of Mamta Sharma from Bhopal, who got Rs.40,000 from the MUDRA Yojana.

“She is now running a business of making wallets. She would make wallets earlier too but she would have a lot of problems because of heavy interest rates,” he said.

The PMMY, under the MUDRA Bank, has been created for the development and refinancing of micro units.


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Shahid Kapoor’s Special Message For PM Modi

shahid kapoor
"I think politicians should do the same." Wikimedia Commons

The actor expressed his views when he became part of Colors Infinity show “BFFs with Vogue”, read a statement from the channel.

When the show’s host Neha Dhupia asked Shahid to give a message for Prime Minister Narendra Modi, he said: “We are all working towards swachhta (cleanliness), and we promise that we will keep things ‘as clean as possible’.

shahid kapoor
Shahid Kapoor and Mira Rajput. Wikimedia Commons

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“I think politicians should do the same.”

On the work front, he is busy with his next “Batti Gul Meter Chalu”. The film is a social drama on the electricity issue faced by people in the country and also stars Shraddha Kapoor and Yami Gautam. IANS

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India, Canada Pledge To Fight Terrorism In All Forms

Modi and Trudeau also welcomed the agreement on a bilateral Framework for Cooperation on Countering Terrorism and Violent Extremism that was signed between the two countries

India Canada pledges to fight terrorism of all kinds together. Facebook
India Canada pledges to fight terrorism of all kinds together. Facebook
  • India and Canada pledged to fight terrorism in all its forms
  • Modi and Trudeau also agreed on the Framework for Cooperation on Countering Terrorism and Violent Extremism
  • Both the countries are looking forward to a cooperative future

India and Canada on Friday pledged to combat terrorism in all its forms and manifestations while declaring that no country should allow its territory to be used for terrorist and violent extremist activities.

The assertion by the two countries came in a joint statement issued after talks between Prime Minister Narendra Modi and his Canadian counterpart Justin Trudeau and assumes significance in the context of perceived softness on the part of Canada towards Khalistani separatists operating on its soil.