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GS3 · Inclusion

MUDRA at 10

1 min readMSMEs
Battle IAS current affairs title card: MUDRA at 10 (GS3 · Inclusion, 8 April 2025)
Asked by UPSCPrelims 20161 PYQ

UPSC has already asked about this. Read the story with these questions in mind.

What happened

  • PMMY, launched 8 April 2015, gives collateral-free loans; limit raised to ₹20 lakh from 24 October 2024 [PIB].

Background

  • Earlier limit was ₹10 lakh [PIB].

Why it matters

  • Ten years of MUDRA show how far micro-credit has reached.

How to use this in Mains

GS-III Infrastructure: energy, ports, roads, airports, railways; investment models

  1. As per PIB (2025-04-08): PMMY, launched 8 April 2015, gives collateral-free loans; limit raised to ₹20 lakh from 24 October 2024.
  2. Ten years of MUDRA show how far micro-credit has reached.
Quotable data point

PMMY, launched 8 April 2015, gives collateral-free loans.

PIB: MUDRA 10 years, 8 Apr 2025

Exam angle

UPSC

Prelims: MUDRA.

Practice MCQs

Original practice questions (not PYQs).

Practice · UPSC

MUDRA new limit

Answer (b) & explanation

PIB.

Go deeper

ExplainerMSMEs in India: New Definition, Share in GDP and Jobs, Udyam, Key Schemes (CGTMSE, PMEGP, TReDS), Problems and Reforms (UPSC Notes + PYQs)

Official source: PIB: MUDRA 10 years, 8 Apr 2025

facts from cited sources only; faculty review pending