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Nirmala Sitharaman

Mudra loan limit increase to Rs 20 lakh notified

As announced by Finance Minister Nirmala Sitharaman in the 2024-25 Union Budget, the limit of Mudra loans under the Pradhan Mantri Mudra Yojana (PMMY) has been enhanced from current Rs 10 lakh to Rs 20 lakh.

Growth Budget

The first post-election Union Budget has sparked significant interest, particularly due to its dual focus on job creation and rural development.