Prime Minister Narendra Modi said on Monday that more than 60 per cent of loans under the Pradhan Mantri Mudra Yojana have been availed by women. The fact that Mudra loans taken by women have crossed 60 per cent reflects a major shift in women entrepreneurship in India.
Mudra loans taken by women show rising entrepreneurship
Addressing the ‘Nari Shakti Vandan Sammelan’ at the Vigyan Bhawan here, the Prime Minister noted that women in India are increasingly stepping forward to build their own identities through new businesses.
“Today, our daughters are carving out their identities in new businesses. More than 60 per cent of loans under the Mudra scheme have been taken by women,” PM Modi said. This trend highlights how Mudra loans taken by women are boosting women entrepreneurship and financial independence.
He added that their active participation is not only strengthening families but also contributing significantly to the country’s economic growth.
Women in startup revolution and Mudra scheme impact
“Women are also leading the country’s startup revolution,” the Prime Minister said while underlining their growing role in entrepreneurship and the country’s startup ecosystem.
Highlighting the impact of financial inclusion initiatives, PM Modi noted that the Mudra scheme has empowered women at the grassroots level by providing easier access to credit. The Mudra scheme impact is visible as more women entrepreneurs enter the startup ecosystem in India.
He said that the fact that more than 60 per cent of beneficiaries are women reflects a silent transformation underway in India’s entrepreneurial landscape.
“Women are also at the forefront of the country’s startup revolution, breaking barriers and exploring new opportunities,” Prime Minister Modi added.
Nari Shakti Vandan Sammelan and women empowerment
The Prime Minister’s remarks came as he reiterated that women’s participation in decision-making will be the biggest guarantee for India’s bright future.
“The increasing public discourse around women’s representation shows the strength of Indian democracy and signals a positive shift in societal attitudes,” Prime Minister Modi noted.
Referring to the Nari Shakti Vandan initiative, the Prime Minister said it will give “new wings” to the aspirations of women across the country and make their journey from grassroots leadership to higher political platforms smoother. The Nari Shakti Vandan Sammelan highlighted the importance of women empowerment and leadership in India.
He noted that more than 14 lakh women are currently part of local governance institutions, playing a key role in shaping policies at the grassroots level.
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