An Analytical study of Pradhan Mantari Mudra Yojana in Jammu and Kashmir UT

Abstract

In our country India an important impact has been found on business and economy due to the upsurge of entrepreneurs by generating employment and elimination of poverty and also motivating the new generation for the establishment of new ventures. The main aim of the Pradhan Mantri Mudra Yojana is to support the new generation as well as to support women; who want to indulge in emerging enterprises. This write up is an attempt to make a study of Mudra yojana in Jammu and Kashmir UT with the support of secondary data. The selected UT has been taken as the area of study as the unemployment is booming in the said area and the people particularly young generations are looking for business setups and financial support from the govt, financial institutions and other NBFCs. The data taken for this study has been taken from those who have availed the Loan Service under different Mudra Categories.