New Delhi: As per the results of a large sample survey conducted at the national level by Ministry of Labour and Employment (MoLE) to assess the employment generation under Pradhan Mantri Mudra Yojana (PMMY), the scheme helped in generating 1.12 crore net additional employment during a period of approximately 3 years – from 2015 to 2018.

According to Union Minister of State for Finance Dr Bhagwat Kisanrao Karad, out of the total 81 lakh loans extended in the state of Rajasthan, This amounts to 64 per cent of loans to women.

Any matter relating to implementation of PMMY including, delay in turn-around-time (TAT), turning down of loan applications and lenders insistence on collateral/guarantor on certain occasions are redressed in coordination with the respective banks, the Minister stated. /BI/