LIE: 17 crore Mudra loans have been given in the last four years out of which 4.25 crore loans were given to first-time entrepreneurs. This clearly shows that over 4 crore entrepreneurs started their business

Modi Lies

Mudra loans do not indicate any job creation in itself. According to an answer by the govt in Rajya Sabha on January 25, a total of 15.59 crore persons have been given loans worth Rs. 2.75 lakh crore which works out to a mere Rs.17,582 per loanee. Moreover, MUDRA loan NPAs rose by 1120% adding […]

April 17, 2019