Budget 2024: 43 crore loans worth Rs 22.5 lakh crore extended under PM Mudra Yojana, says FM Sitharaman

Budget 2024: Finance Minister Nirmala Sitharaman on Thursday announced that 43 crore loans amounting to Rs 22.5 lakh crore were extended under the PM Mudra Yojana. FM Sitharaman in her pre-election Budget, which is technically a vote on account and is popularly termed an interim Budget, said direct benefit transfer of Rs 34 lakh crore through Jan Dhan accounts have resulted in savings of Rs 2.7 lakh crore.
The finance minister also said 30 crore Mudra Yojana loans have been given to women in the last 10 years.

“Saturation approach of covering all eligible people is true and comprehensive achievement of social justice and this is secularism in action,” she said.

The FM also asserted that the government aims to transform India into a developed country by 2047.
During the interim Budget 2024-25 presentation, she said minimum support prices for ‘Annadata’ (farmers) have been increased periodically and appropriately.Sitharaman emphasised the government’s commitment to social justice as an effective and necessary model, focusing on addressing systemic inequalities with an emphasis on achieving socio-economic transformation through outcomes rather than outlays. She underlined the government’s dedication to the welfare of the poor, women, youth, and farmers.”We focus on outcomes and not outlays,” Sitharaman said.

Poor, women, youth and farmers are four castes for the government, she added.

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