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GS3 · MSME credit

PM MUDRA completes 11 years: ₹40.07 lakh crore via 57.79 crore loans

1 min readMoney & BankingMSMEs
Battle IAS current affairs title card: PM MUDRA completes 11 years: ₹40.07 lakh crore via 57.79 crore loans (GS3 · MSME credit, 8 April 2026)
Asked by UPSCPrelims 20161 PYQ

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

What happened

  • PMMY has disbursed over ₹40.07 lakh crore through 57.79 crore loans in 11 years [PIB].
  • NITI’s “From Borrowers to Builders” report studied women’s growing role in credit markets [PIB].

Background

  • MUDRA categories: Shishu, Kishore, Tarun, Tarun Plus (up to ₹20 lakh).

Why it matters

  • Mudra’s reach shows how far collateral-free credit has gone to micro businesses.

How to use this in Mains

GS-III Indian economy: mobilisation of resources, banking and inclusive growth

  1. As per PIB (2026-04-08): PMMY has disbursed over ₹40.07 lakh crore through 57.79 crore loans in 11 years.
  2. Mudra's reach shows how far collateral-free credit has gone to micro businesses.
Quotable data point

PMMY has disbursed over ₹40.07 lakh crore through 57.79 crore loans in 11 years.

PIB: Finance: MUDRA 11 years, 8 Apr 2026

Exam angle

UPSC

Prelims: MUDRA categories.

Practice MCQs

Original practice questions (not PYQs).

Practice · UPSC

Loans sanctioned

Answer (b) & explanation

PIB.

Practice · UPSC

Amount disbursed

Answer (b) & explanation

PIB.

Practice · UPSC

Highest category

Answer (c) & explanation

PIB.

Go deeper

ExplainerUnified Payments Interface (UPI): How It Works, NPCI, Digital Public Infrastructure, Growth, Going Global, Concentration Risk and Fraud (UPSC Notes + PYQs)ExplainerReserve Bank of India: History, Structure, Functions, Monetary Policy Committee, Surplus Transfer and the Autonomy Debate (UPSC Notes + PYQs)

Official source: PIB: Finance: MUDRA 11 years, 8 Apr 2026

facts from cited sources only; faculty review pending