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Mudra Loan under West Tripura District created visible impact in financing access for the micro enterprise in last 3 years
TIWN Aug 17, 2019
Mudra Loan under West Tripura District created visible impact in financing access for the micro enterprise in last 3 years
PHOTO : File Photo

AGARTALA, Aug 17 (TIWN): The MUDRA Loan are extended by Banks, NBFCs, NFIs & other eligible financial intermediaries as notified by MUDRA Limited. The Pradhan Mantri MUDRA Yojana (PMMY) announced by the Hon’ble Prime Minister on 8th April, 2015, envisages providing MUDRA Loan upto Rs.10 Lakhs to income generating Micro enterprises engaged in manufacturing, Trading & Services sector. The overdraft amount of Rs.5000 sanctioned under PMJDY has also been classified as MUDRA Loans under Pradhan Mantri MUDRA Yojana (PMMY). The MUDRA Loans are extended under following three categories: 1. Loans upto Rs.50,000 (Shishu) 2. Loans upto Rs.50,001 - Rs.5,00,000 (Kishore) 3. Loans upto Rs.5,00,00 - Rs.10,00,000 (Tarun)

“During a short span of 3 & half years, MUDRA has created a visible impact in terms of financing access for the micro enterprise sector in west Tripura District, it is possible only for that taking initiative to organize special meeting with all the Bankers & Stakeholders in district & Sub-Division level. During the meeting we have finalized Sub-Division & District wise target of MUDRA Loan”, said an official statement.

“It has been ensured all the target is fulfilled by the Bankers. We have top priority has been given to Shishu Loan i.e. Rs.50,000/- (Rupees fifty thousand) for new venture. We have also taken following initiatives from the District administration for successful implementation of MUDRA Loan under West Tripura District;

1. We have conducted regularly meeting with all the Head of Bankers, Branch Managers, SDM’s, BDO’s & other stakeholders for sponsoring, sanctioned & disbursement of MUDERA loan & also finalized Bank & list of Branch wise Bank target of MUDRA Loan. More preference has to give under Cane & Bamboo based project.

2. It has been instructed to the SDMs of Sadar, Mohanpur & Jirania shall be conducting a separate meeting with the all bankers of their Division for preparing the plan of MUDRA loan. Accordingly SDMs are conducting meeting with Bankers & prepared plan of MUDRA loan for speedy disbursement to applied entrepreneur.

3. We have conducting a awareness programme of MUDRA loan to the targeted beneficiary in print & electronic media. So that large numbers of entrepreneur is applied for MUDRA loan to their concerned Bank’s.

It is hope that over the years, MUDRA & PMMY will make a lasting impact on the development of the Micro Enterprise Center which is one of the largest employers in the country & will fuel the economic Growth trajectory of the nation. In our Districts, the small & micro entrepreneur those are involved with Cane & Bamboo based activities, Agri. allied activities, Small shops, Fabrication units, small readymade garments units, Food processing unit, etc. are played key role for creation of employment opportunities. we have to plan to futher organize Block, Sub Division & district level MUDRA loan campaign with the targeted of financing 5000 nos. of Micro Enterprise under Shishu, Kishore & Tarun category for creation of employment opportunities under West Tripura District”, the statement briefed. 

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