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An approval letter doing the rounds of social media, allegedly issued under Pradhan Mantri MUDRA Yojana (PMMY), is asking for Rs 4,500 as verification and processing fees to grant a loan of ₹10,00,000 under the scheme.
New Delhi, Jan 6: Emergency Credit Line Guarantee Scheme (ECLGS) launched by the Government in 2020 to provide relief to MSMEs impacted by COVID-19 pandemic has saved 13.5 lakh firms from going bankrupt and consequently 1.5 crore jobs, claimed a report. The scheme is the biggest fiscal component of the Rs 20-lakh crore Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman in May 2020, to mitigate the distress caused by the COVID-19-induced lockdown by providing credit to different […]
The government has made it mandatory to link the Pradhan Mantri Jan Dhan Yojana bank account to your Aadhaar card under the Prevention of Money Laundering Act.
The PMJDY was announced by Prime Minister Narendra Modi in his Independence Day address on August 15, 2014, and was simultaneously launched on August 28, 2014, to foster financial inclusion.
Good news for PM Jan Dhan account holders: You can avail benefit of Rs 10000 with zero balance, here's how - Prime Minister Narendra Modi had announced the PMJDY in his Independence Day address on August 15, 2014.