The PM of India has launched his PMMY which encompasses the MUDRA loan scheme. Done through the combined effort of SIDBI and CGTMSE, these loans are meant for non-agriculture and non-corporate micro and small business setups. While the maximum cap on MUDRA loans is Rs. 10 Lakh, CGTMSE also has scheme offering unsecured loans going up to Rs. 1 Crore. There are numerous government loan … Continue reading Loans Schemes Launched by the Government of India for Business Owners