The government has doubled the loan limit under the Pradhan Mantri Mudra Yojana to Rs 20 lakh to promote entrepreneurship in the country.
As announced by the Finance Minister Nirmala Sitharaman on July 23, 2024, in the Union Budget 2024-25, the limit under the Pradhan Mantri Mudra Yojana (PMMY) has been enhanced from the current Rs 10 lakh to Rs 20 lakh.
