A

Synopsis On
“A Study On Awareness Towards Pradhan Mantri Mudra Yojana With
Reference SBI.”
Project Submitted To
“In Partial Fulfillment of the Requirement for the Award of the
Degree of Master of Business Administration”
Under Sant Gadge Baba Amravati University, Amravati

Submitted By
Mr. Javed Ali Anis Ali
(MBA II Year)
(Specialization: Finance)

Guided By
Prof. Ritesh Chandak
(B.Com,L.L.B, P.G.D.M)

Department of Management
College Of Management and Computer Science,
Yavatmal – (445-001)
 Declaration

I Master. Javed Anis Ali hereby declare that the dissertation entitled, “A Study On Awareness
Towards Pradhan Mantri Mudra Yojana With Reference SBI. ” is the result of my own research
work and that the same name has not been previously submitted to any examination of this or any
other university.

Date: Javed Anis Ali

Place: Yavatmal MBA II

 COLLEGE OF MANAGEMENT AND COMPUTER SCIENCE

DEPARTMENT OF MANAGEMENT

YAVATMAL-445001

TEL: - 07232-255575/255595 Website: - www.hjes.in

Certificate
This is to certify that the Dissertation entitled “A Study On Awareness Towards Pradhan
Mantri Mudra Yojana With Reference SBI.””

Submitted By

Mr. Javed Ali Anis Ali

In partial fulfillment of the conditions for the award of degree of Masters of

Business Administration to Sant Gadge Baba Amravati University, Amravati has
been prepared under Supervision and Guidance of Prof. Ritesh Chandak. It is also
certified that:-

The candidate has satisfactorily conducted this research for not less than one
academic year

The dissertation is of sufficiently high standard to warrant its presentation for

examination.

Prof. Ritesh Chandak Prof. Shubham Kane Prof. Ritesh Chandak

(Principal) (HOD, MBA Dept) (Project Guide)

Date:- Place:-Yavatmal
 Index

Sr. No. Contents Page No.

1. 1.1 Introduction of PMMY
1.2 Mission ,Vision , Purpose
1.3 Product/ Offering MUDRA
1.4 How To Apply
1.5 Micro Credit Scheme
1.6 Refinance OF MUDRA Loan
1.7 MUDRA Card
1.8 MUDRA Loans For Womans
1.9 Creation of Framework for "Small Business
Finance Entities"
1.10 Synergies with “Make in India” Campaign
1.11 Synergies with National Rural Livelihoods
Mission / National Urban Livelihood Mission
1.12 Synergies with National Skill Development
Corporation
1.13 The MUDRA Pricing
1.14 Development and Promotional Support
1.15 Imparting Financial / Business Literacy
1.16 Promotion and Support of Grass Root
Institutions
1.17 germinate in viable micro enterprises.
1.18 Working with Credit Bureaus
 1.19 Portfolio Credit Guarantee
1.20 Sectors covered
1.21 Features Of Pradhan Mantri Mudra Yojana

2. Review Of Literature
3.
Asset Classes
4.
Research Methodology

4.1 Introduction

4.2 Research Design

4.3 Needs Of Study

4.4 Tools & Data Collecton

4.5 Objective Of Study

4.6 Limitation Of Study

4.7 Hypothesis
5. Organisation Profile
6. Data Analisis , Interpritation & Findings
7. Conclusion and Recommendations
7.1 Conclusion
7.2 Suggetion & Recommendation
8. Appendices
8.1 Questionnaire
8.2 Bibliography
 List Of Table

Sr. no Contents Page no.

1 Classification of the respondents on the basis of

Gender

2 Classification of the Respondents on the basis of

their age

3 Classification of the Respondents on the basis of

their Education Qualification

4 Classification of the Respondents on the basis of

their Occupation

5 Classification of the Respondents on the basis of

their Income

6 Classification of the Respondents on the basis of

their awareness about Pradhan Mantri MUDRA
Yojana (PMMY)

7 Classification of the Respondents on the basis of

response if aware then tells me in which year
Pradhan Mantri MUDRA Yojana (PMMY) was
launch

8 Classification of the Respondents on the basis how

of mean by which they come to know about
Pradhan Mantri MUDRA Yojana (PMMY)
9 Classification of the Respondents on the basis of
awareness about main objective of Pradhan Mantri
MUDRA Yojana (PMMY)

10 Classification of the Respondents on the basis of

selection of main objective of Pradhan Mantri
MUDRA Yojana (PMMY).

11 Classification of the Respondents on the basis of

awareness about maximum limit of loan under this
Scheme.

12 Classification of the Respondents on the basis of

selection of maximum limit of loan under the
Pradhan Mantri MUDRA Yojana (PMMY).

13 Classification of the Respondents on the basis of

awareness level about Categories of funding of loan
in this scheme

14 Classification of the Respondents on the basis of

knowledge toward Financial Institutions Shortlisted
to be Service provider in MUDRA Yojana for
funding.

15 Classification of the Respondents on the basis of

knowledge regarding the financial institution is not
a service provider of this scheme.
16 Classification of the Respondents on the basis of
their response toward the benefits of Pradhan
Mantri MUDRA Yojana (PMMY) for Micro
industry

17 Classification of the Respondents on the basis of

their awareness regarding the process of taking loan
under this scheme.

18 Classification of the Respondents on the basis of

their response regarding opinions toward process of
taking loan in PMMY.

19 Classification of the Respondents on the basis of

their response regarding PMMY capablity toward
employment enhancement

20 Classification of the Respondents on the basis of

their response regarding PMMY,s effectiveness to
measure or solve the financial problems of Micro
industry

21 Classification of the Respondents on the basis of

their response regarding PMMY’s effect toward
improperness economic growth.
 List Of Graphs

Sr. No. Contains Page No.

1 Data Shows respondents on the basis of Gender

2 Data Shows Respondents on the basis of their age

3 Data Shows Respondents on the basis of their
Education Qualification
4 Data Shows the Respondents on the basis of their
Occupation
5 Data Shows of the Respondents on the basis of
their Income
6 Data Shows Of the about Pradhan Mantri
MUDRA Yojana (PMMY)
7 Data Shows In which year Pradhan Mantri
MUDRA Yojana (PMMY) was launch.
8 Data Shows to know about Pradhan Mantri
MUDRA Yojana (PMMY)
9 Data Shows About main objective of Pradhan
Mantri MUDRA Yojana (PMMY)
10 Data Shows on the basis of selection of main
objective of Pradhan Mantri MUDRA Yojana
(PMMY) .
11 Shows Awareness about maximum limit of loan
under this Scheme.
12 Figure 4.12 Data Shows of maximum limit of loan
under the Pradhan Mantri MUDRA Yojana
(PMMY).
13 Data Shows About awareness level about
Categories of funding of loan in this scheme
14 Data Shows About Financial Institutions
Shortlisted to be Service provider in MUDRA
Yojana for funding.
15 Data Shows About financial institution is not a
service provider of this scheme
16 Data Shows About benefits of Pradhan Mantri
MUDRA Yojana (PMMY) for Micro industry .
17 Data Shows About awareness regarding the
process of taking loan under this scheme.
18 Data Shows About process of taking loan in
PMMY.
19 Data shows About PMMY capablity toward
employment enhancement
20 Data Shows About effectiveness to measure or
solve the financial problems of Micro industry
21 Shows About effect toward improperness
economic growth
 CHAPTER - 2

REVIEW OF LITERATURE
CHAPTER - 3

ASSET CLASS
 CHAPTER - 4
RESEARCH METHODOLOGY
 CHAPTER - 5
ORGANIZATION PROFILE
 CHAPTER - 6
DATA ANALYSIS,
INTERPRETATION AND FINDINGS
 CHAPTER - 7
CONCLUSION AND
RECOMMENTATIONS
1.1 INTRODUCTION

The Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Union
Government on April 8, 2015 for providing loans uptoRs. 10 lakh to the non-corporate,
non-farm small/micro enterprises. Under PMMY, all banks viz. Public Sector banks,
Private Sector Banks, Regional Rural Banks (RRB), State Co-operative Banks, Urban
Co-operative Banks, Foreign Banks and Non-Banking Finance Companies (NBFC)
/ Micro Finance Institutions (MFI) – are required to lend to non-farm sector income
generating activities below Rs.10 lakh. These loans are classified as MUDRA loans
under PMMY.
For implementing the Scheme, government has set up a new institution named,
MUDRA (Micro Units Development & Refinance Agency), for development and
refinancing activities relating to micro units, in addition to acting as a regulator for the
micro finance sector, in general. MUDRA provides refinance to all banks seeking
refinancing of small business loans given under PMMY. Thus, MUDRA refinances
all Last Mile Financiers – Non-Banking Finance Companies of various types engaged
in financing of small business, Societies, Trusts, Co-operative Societies, Small Banks,
Scheduled Commercial Banks and Regional Rural Banks – which are in the business
of lending to Micro/Small business entities engaged in manufacturing, trading and
services activities.
PMMY was announced through Union Budget 2015-16, which proposed to create
MUDRA bank with a corpus of Rs. 20,000 crore made available from the shortfalls of
priority sector lending, to refinance Micro-Finance Institutions through Pradhan
Mantri Mudra Yojana. Further, budget supported a credit guarantee corpus of Rs.3,000
crore for guaranteeing loans being provided to the micro enterprises.
Under the aegis of PMMY, the MUDRA has already created its initial set of products/
schemes. The interventions have been named ‘Shishu’ , ‘Kishor’ and ‘Tarun’ to
signify the state of growth/development and funding needs of the beneficiary micro
unit/entrepreneur and also provide a reference point for the next phase of graduation /
growth to look forward to:

Shishu: covering loans uptoRs. 50,000/- provided with no collateral,

@1% rate of interest/month repayable over a period of 5 years
 “A Study On Awareness Towards Pradhan Mantri Mudra Yojana With Reference SBI.”

Kishor: covering loans above Rs.50,000/- and uptoRs. 5 lakh

Tarun: covering loans above Rs. 5 lakh to Rs. 10 lakh

1.2 MUDRA VISION

"To be an integrated financial and support services provider par excellence
benchmarked with global best practices and standards for the bottom of the pyramid universe
for their comprehensive economic and social development."

1.3 MUDRA MISSION

"To create an inclusive, sustainable and value based entrepreneurial culture, in
collaboration with our partner institutions in achieving economic success and financial
security."

1.4 PRODUCT / OFFERING MUDRA -Micro Units Development and Refinance

Agency Ltd. [MUDRA] is an NBFC supporting development of micro enterprise sector in
the country. MUDRA provides refinance support to Banks / MFIs / NBFCs for lending to
micro units having loan requirement upto 10 lakh. MUDRA provides refinance support to
micro business under the Scheme of Pradhan Mantri MUDRA Yojana. The other products
are for development support to the sector. The bouquet of offerings of MUDRA is depicted
below. The offerings are being targeted across the spectrum of beneficiary segments.

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1.5 How to apply

Borrowers, who wish to avail assistance under Pradhan Mantri MUDRA Yojana (PMMY),
can approach the local branch of any of the financial institutions in their region - PSU Banks,
Regional Rural Banks and Cooperative Banks, Private Sector Banks, Foreign Banks, Micro
Finance Institutions (MFI) and Non Banking Finance Companies (NBFC). Sanction of
assistance shall be as per the eligibility norms of respective lending institution.

Documents to be submitted along with the application :

• Proof of identity – Self attested copy of Voter’s ID Card / Driving Licence / PAN Card /
Aaadhaar Card / Passport / Photo Ids issued by Govt. authority etc.
• Proof of Residence - Recent telephone bill / electricity bill / property tax receipt (not
older than 2 months) / Voter’s ID Card / Aadhar Card / Passport of Individual / Proprietor /
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Partners Bank passbook or latest account statement duly attested by Bank Officials /
Domicile Certificate / Certificate issued by Govt. Authority / Local Panchayat / Municipality
etc.
• Applicant’s recent Photograph (2 copies) not older than 6 months.
• Quotation of Machinery / other items to be purchased.
• Name of Supplier / details of machinery / price of machinery and / or items to be purchased.
• Proof of Identity / Address of the Business Enterprise – Copies of relevant Licences /
Registration Certificates / Other Documents pertaining to the ownership, identity of address
of business unit, if any
• Proof of category like SC / ST / OBC / Minority etc.

Note : For all PMMY loans, the following are to be noted.

• No processing fee
• No collateral
• Repayment period of loan is extended up to 5 years
• Applicant should not be defaulter of any Bank / Financial Institution

1.6 Micro Credit Scheme

Micro Credit Scheme is offered mainly through Micro Finance Institutions (MFIs), who
deliver the credit up to 1 lakh, for various micro enterprise / small business activities.
Although the model of delivery may be through SHGs/JLGs/ Individuals, the loans are given
by the MFIs to individual entrepreneurs for specific income generating micro enterprise/
small business activities.

1.7 Refinance Scheme for Banks/NBFCs

Different banks like Commercial Banks, Regional Rural Banks, Small Finance Banks and
NBFCs are eligible to avail of refinance support from MUDRA for financing micro
enterprise activities. The refinance is available for term loan and working capital loan up to
an amount of 10 lakh per unit. The eligible banks/NBFC, who comply to the requirements as
notified, can avail of refinance from MUDRA for the loans given by them for eligible

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MUDRA compliant activities under Shishu, Kishore and Tarun categories. In order to
encourage women entrepreneurs, the financing banks / MFIs may consider extending
additional facilities, including interest reduction on their loan. At present, MUDRA extends a
reduction of 25bps in its interest rates to MFIs / NBFCs, who are providing loans to women
entrepreneurs.

1.8 Purpose of MUDRA loan

Mudra loan is extended for a variety of purposes which result in income generation and
employment creation. The loans are extended mainly for:

Business loan for Vendors, Traders, Shopkeepers and other Service Sector activities

Working capital loan through MUDRA Cards

Equipment Finance for Micro Units

Transport Vehicle loans – for commercial use only

Loans for agri-allied non-farm income generating activities, e.g. pisciculture. bee keeping,
poultry farming, etc.

Tractors, tillers as well as two wheelers used for commercial purposes only.

Following is an illustrative list of the activities that can be covered under MUDRA loans:

1) Transport Vehicle

Purchase of transport vehicles for transportation of goods and passengers such as auto
rickshaws, small goods transport vehicles, 3 wheelers, e-rickshaws, taxis, etc.
Tractors/Tractor Trolleys/Power Tillers used only for commercial purposes are also eligible

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for assistance under PMMY. Two Wheelers used for commercial purposes are also eligible
for coverage under PMMY.

2) Community, Social & Personal Service Activities

Salons, beauty parlours, gymnasium, boutiques, tailoring shops, dry cleaning, cycle and
motorcycle repair shops, DTP and Photocopying Facilities, Medicine Shops, Courier Agents,
etc.

3) Food Products Sector

Activities such as papad making, achaar making, jam/jelly making, agricultural produce
preservation at rural level, sweet shops, small service food stalls and day to day catering /
canteen services, cold chain vehicles, cold storages, ice making units, ice cream making
units, biscuit, bread and bun making, etc.

4) Textile Products Sector / Activity

Handloom, powerloom, khadi activity, chikan work, zari and zardozi work, traditional
embroidery and hand work, traditional dyeing and printing, apparel design, knitting, cotton
ginning, computerized embroidery, stitching and other textile non garment products such as
bags, vehicle accessories, furnishing accessories, etc.

5) Business loans for Traders and Shopkeepers

Financial support for on lending to individuals for running their shops / trading & business
activities / service enterprises and non-farm income generating activities with beneficiary
loan size of up to 10 lakh per enterprise / borrower.

6) Equipment Finance Scheme for Micro Units

Setting up micro enterprises by purchasing necessary machinery / equipments with per

beneficiary loan size of upto 10 lakh.

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7) Activities allied to agriculture

'Activities allied to agriculture', e.g. pisciculture, bee keeping, poultry, livestock-rearing,

grading, sorting, aggregation agro industries, diary, fishery, agri-clinics and agribusiness
centres, food & agro-processing, etc.(excluding crop loans, land improvement such as canal,
irrigation and wells) and services supporting these, which promote livelihood or are income
generating shall be eligible for coverage under PMMY in 2016-17.

1.9 MUDRA Card

MUDRA Card is a debit card issued against the MUDRA loan account, for working capital
portion of the loan. The borrower can make use of MUDRA Card in multiple drawals and
credits, so as to manage the working capital limit in cost-efficient manner and keep the interest
burden minimum. MUDRA Card also helps in digitalization of MUDRA transactions and
creating credit history for the borrower. MUDRA Card can be operated across the country for
withdrawal of cash from any ATM / micro ATM and also make payment through any ‘Point
of Sale’ machines.

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1.10 MUDRA Loan For Woman

According to a recent study, women comprise a mere 14% of total entrepreneurs in India. To
encourage and bolster ambitious women to start their own business several initiatives are
being launched by the government of India. One such initiative is the Mudra loan

Mudra Loans comes with the sole aim of fostering a culture of entrepreneurship within India
which was issued under Pradhan Mantri Mudra Yojana (PMMY). Banks and other financial
institutions can offer Mudra loans to women who’re having the vision to initiate their own
businesses in India

PMMY loans can be availed of by anyone looking to launch, expand, support or modernize
their own SME - however, interestingly in the four years since its launch, 70% of the loan
accounts have been sanctioned to women entrepreneurs.

According to the official government report for 2018-2019, the largest number of takers for
PMMY loans at present are SMEs which are at the launch phase - in other words, Shishu
loans are the most popular loan hogging 86% of the total number of loans issued. Kishore
loans clocked 11% while Tarun loans stood at 3%.

The Mudra Yojana website states that 59,870,318 PMMY loans which are a total of Rs
321,722.79 crore have been sanctioned in 2019. Over 1.33 crore new loan accounts were
sanctioned in 2018-2019 and PMMY loans continue to grow in popularity.

The Mahila Udhyami Yojana is a loan scheme designed uniquely for budding women
entrepreneurs where women from all walks of life can avail of such loans. However, they
would need to meet a certain set of eligibility criteria in order to get so.

1.11 Creation of Framework for "Small Business Finance Entities"

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An enabling framework for support to "Small Business Finance Entities" would be created
leading to formalization of the economy which is presently included in the informal sector.

1.12 Synergies with “Make in India” Campaign

Government of India has initiated several steps for encouraging enterprise creation in our
country. The major one is “Make in India” movement. Make in India is a major national
programme designed to facilitate investment, foster innovation, enhance skill development,
project intellectual property and build best in class manufacturing infrastructure. This
coupled with Start-up India and Stand-up India campaign, has created a conducive
environment of enterprise creation in different scales. MUDRA, being an initiative for
promoting micro enterprises, fits well with Make in India initiative for supporting these
micro enterprises.

1.13 Synergies with National Rural Livelihoods Mission / National Urban Livelihood
Mission

The National Rural Livelihoods Mission [NRLM] is set up "To reduce poverty by enabling
the poor households to access gainful self-employment and skilled wage employment
opportunities, resulting in appreciable improvement in their livelihoods on a sustainable
basis, through building strong grassroots institutions of the poor." To achieve the above,
NRLM Mission inter alia follows a demand driven strategy for continuous capacity building,
imparting requisite skills and creating linkages with livelihood opportunities for the poor,
including those emerging in the organized sector.

Similarly, the Deendayal Antodaya Yojana [DAY] National Urban Livelihood Mission is
another programme which is aimed at reducing Urban poverty through creation of micro
enterprises, individually and group mode.

MUDRA, being an initiative for promoting micro enterprises, would make all efforts to draw
synergies between NRLM, NULM and MUDRA interventions for supporting micro
enterprises and creating sustainable livelihood opportunities for the poor.

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1.14 Synergies with National Skill Development Corporation

NSDC is already engaged in the process of skill development at a National scale.

Synergizing with NSDC will help MUDRA in augmenting the skill sets of the sectoral
players.

1.15 The MUDRA Pricing

Access to finance is critical and equally critical is the cost of finance to the NCSB/ultimate
beneficiary. The funds mobilized by micro units from the informal sources are at a high cost.
There is scope for cost rationalization. However, the rationalization is intricately linked with
the cost of funds for the last mile MFIs.

GOI while announcing the formation of MUDRA also announced a refinance corpus for
MUDRA to be allocated by RBI from the Priority Sector lending shortfall. Accordingly, RBI
has provided the allocation which helps in bringing down the cost of lending at the ultimate
borrower level as MUDRA refinance will reduce the average borrowing cost of the lending
institutions

The NBFC-MFIs are presently regulated by Reserve Bank of India and RBI has already
prescribed detailed guidelines for margin cap in respect of MFIs. The margin cap has been
pegged at 10% for MFIs having loan portfolio of more than 100 crore and 12% for smaller
MFIs having loan portfolio of less than 100 crore or 2.75 times the average base rate of five
major commercial banks, whichever is less. In the backdrop of these guidelines and the fact
that MFI sector has been constantly trying to reduce its costs, MUDRA would also help
MFIs reduce their cost to bring down the overall cost to the end beneficiaries. Further, at the
time of appraisal, MUDRA would be studying / assessing individual MFIs on this as well as
other related parameters and suitably price its assistance based on such assessment.

In the case of Banks, RBI has also put a cap on the interest rate at Base rate/ MCLR for
lending micro units by Commercial Banks by availing of MUDRA refinance. Similarly, the
RRBs have been given an interest cap of 3.50% over and above MUDRA refinance rate,
while lending a PMMY loan by availing of MUDRA refinance.
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In case of NBFCs, RBI has also stipulated an interest cap of 6% over and above MUDRA
refinance while their lending to MUDRA segment.

All these are expected to have a positive impact on the pricing of MUDRA loans in the
country whereby the Micro enterprises will be able to avail of credit at an affordable interest
rate. But, the first and foremost objective is to ensure accessibility of credit.

1.16 Development and Promotional Support

Besides the credit constraints, the Non Corporate Small Business (NCSBS) face many non-
credit challenges, like,

Skill Development Gaps

Knowledge Gaps

Information Asymmetry

Financial / Business Literacy

Lack of growth orientation

To address these constraints, MUDRA plans to adopt a credit- plus approach in future and
offer Developmental and Support services to the target audience. It will act as a market
maker and build–up an ecosystem with capacities to deliver value in an efficient and
sustainable manner.

1.17 Imparting Financial / Business Literacy

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Financial / business literacy or financial education can broadly be defined as 'providing

familiarity with and understanding of financial market products, especially rewards and risks,
in order to make informed choices.'

Financial Inclusion and Financial / business Literacy are twin pillars. While Financial
Inclusion acts from supply side providing the financial market / services that people demand,
Financial Literacy stimulates the demand side – making people aware of what they can
demand. Supporting the financial literacy drive will contribute substantially from the demand
side to the national agenda of financial inclusion.

To address these constraints, MUDRA will adopt a credit- plus approach and offer
Developmental and Support services to the target audience. It will act as a market maker and
build –up an ecosystem with capacities to deliver value in an efficient and sustainable
manner. This apart, the micro enterprise segment also needs business literacy which will help
them in acquiring knowledge on running / managing business, keeping accounts, working
out ratios, etc.

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1.18 Promotion and Support of Grass Root Institutions

One of the major focus areas will be to formalize and institutionalize the last mile financiers /
grass root institutions so that a new category of financial institutions viz. Small Business
Finance Companies can be created and ecosystem developed for their growth.

Rural innovations at micro enterprise / unit level would also be one of the key areas for
intervention and support. Support to Micro units by way of the facility of incubators would
be taken up. This would ensure that at the most grass root levels in the country, there is
climate for promotion of innovation as well as incubation of ideas from educated rural
youths which would germinate in viable micro enterprises.

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1.19 Working with Credit Bureaus With the growth of responsible lending practices,
Credit Bureaus (CB) have gained increasing level of acceptability in the micro finance
sector. The CB culture will help in creating credit history over a period of time which will
facilitate faster credit dispensation as the system evolves.

1.20 Working with Rating Agencies

Accreditation / rating of MFI entities is one of the roles earmarked for MUDRA. Further, a
segment of financial intermediaries for the non-corporate small business sector is envisaged
to emerge in the financing architecture. MUDRA would work in coordination with Rating
Agencies so that appropriate rating framework(s) which take into account sector specific
features are devised for various sector participants. In the longer run, availability of rating for
sector participants would facilitate formalization and further flow of capital to the sector.

1.21 Portfolio Credit Guarantee

Traditional institutional financing in Indian context adopts an Asset Based Lending

Approach with emphasis on collateral security. Micro units, most of the times, are unable to
provide the comfort of collateral. Hence, MUDRA loans, i.e., loans up to 10 lakh, have been
made collateral free, as per the RBI norms in this regard.

To mitigate the issue of collateral and to provide comfort to the lending institutions, a Credit
Guarantee Product is extended by creation of a Fund called “Credit Guarantee Fund for
Micro Units” [CGFMU]. All eligible micro-loans sanctioned since April 08, 2015 are
covered under the above guarantee. The Scheme is being managed by National Credit
Guarantee Trustee Company Ltd. [NCGTC], an agency promoted by the GOI. The
Guarantee product is one of the key interventions made with the objective of bringing down
the cost of funds and facilitating ease of access to institutional credit for the end beneficiary
to improve his creditworthiness.

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1.22 Sectors covered

To maximize coverage of beneficiaries and tailor products to meet requirements of specific

business activities, sector / activity focused schemes would be rolled out. To begin with,
based on higher concentration of businesses in certain activities / sectors, schemes are
proposed for:

• Land Transport Sector / Activity - Which will inter alia support units for purchase of
transport vehicles for goods and personal transport such as auto rickshaw, small goods
transport vehicle, 3 wheelers, e-rickshaw, passenger cars, taxis, etc.
• Community, Social & Personal Service Activities - Such as saloons, beauty parlours,
gymnasium, boutiques, tailoring shops, dry cleaning, cycle and motorcycle repair shop, DTP
and Photocopying Facilities, Medicine Shops, Courier Agents, etc.
• Food Products Sector - Support would be available for undertaking activities such as papad
making, achaar making, jam / jelly making, agricultural produce preservation at rural level,
sweet shops, small service food stalls and day to day catering / canteen services, cold chain
vehicles, cold storages, ice making units, ice cream making units, biscuit, bread and bun
making, etc.
• Textile Products Sector / Activity - To provide support for undertaking activities such as
handloom, powerloom, chikan work, zari and zardozi work, traditional embroidery and hand
work, traditional dyeing and printing, apparel design, knitting, cotton ginning, computerized
embroidery, stitching and other textile non garment products such as bags, vehicle
accessories, furnishing accessories, etc.

1.23 Features Of Pradhan Mantri Mudra Yojana

 Type of Facility: Working Capital and Term Loan

 Purpose : Business purpose, capacity expansion, modernization

 Target Group : Business Enterprises in Manufacturing, Trading and Services sector including
allied agricultural activities.

 Quantum of loan (Min/Max)

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o Maximum loan amount : Upto Rs 10 lacs

o Loans upto Rs.50,000 are categorised as SHISHU
o Loans from Rs.50,001 to Rs.500,000 are categorised as KISHORE
o Loans from Rs.500,001/- to Rs.10,00,000/- are categorised as TARUN
 Margin (%)

o Upto Rs. 50,000/- Nil

o Rs. 50,001 to Rs. 10 lacs: 10%
 Pricing :Competitive Pricing Linked to MCLR

 Repayment Period

o WC/TL: in 3 - 5 yrs including a moratorium of upto 6 months depending on the activity/

income generation.
o Review of WC/TL to be done annually.
 Processing Fee

o Nil for Shishu and Kishore to MSE Units

o For Tarun : 0.50%(plus applicable tax) of Loan amount

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2. Review Of Literature

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CHAPTER - 3

ASSET CLASS

2.1Chievements Under PMMY Since Five Years.

Pradhan Mamtri Mudra Yojana (2021-2022 Perovisional)

Maharashtra
[Amounts Rs. in Crore]
No.Of Sanctions Sactioned Disbursement
Amount Amount

Shishu 405438 987.29 970.97

( Loans Up to
Rs. 50,000)
Kishor 85744 1124.44 944.22
( Loans From
Rs. 50,001 to
5.00 Lack)
Tarun 9524 730.85 610.11
( Loans From
Rs. 5.00 To Rs.
10.00 Lack)
Total 500706 2842.58 2525.30

Pradhan Mamtri Mudra Yojana (2018-2019)

Maharashtra
[Amounts Rs. in Crore]
No.Of Sanctions Sactioned Disbursement
Amount Amount

Shishu 3750570 10255.06 10052.07

( Loans Up to
Rs. 50,000)
Kishor 510249 8524.12 8287.28
( Loans From
Rs. 50,001 to
5.00 Lack)
Tarun 125162 7659.76 7402.64

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( Loans From
Rs. 5.00 To Rs.
10.00 Lack)
Total 4385981 26438.94 25741.99

Pradhan Mamtri Mudra Yojana (2017-2018)

Maharashtra
[Amounts Rs. in Crore]
No.Of Sanctions Sactioned Disbursement
Amount Amount

Shishu 3145685 8093.38 7980.26

( Loans Up to
Rs. 50,000)
Kishor 354818 7529.90 7343.40
( Loans From
Rs. 50,001 to
5.00 Lack)
Tarun 96117 7128.12 6942.55
( Loans From
Rs. 5.00 To Rs.
10.00 Lack)
Total 3596620 22751.40 22266.20

Pradhan Mamtri Mudra Yojana (2016-2017)

Maharashtra
[Amounts Rs. in Crore]
No.Of Sanctions Sactioned Disbursement
Amount Amount

Shishu 3054130 6961.75 6909.40

( Loans Up to
Rs. 50,000)
Kishor 220662 5082.03 4947.01

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( Loans From
Rs. 50,001 to
5.00 Lack)
Tarun 69362 5242.88 5120.34
( Loans From
Rs. 5.00 To Rs.
10.00 Lack)
Total 3344154 17286.66 16976.76

Pradhan Mamtri Mudra Yojana (2015-2016)

Maharashtra
[Amounts Rs. in Crore]
No.Of Sanctions Sactioned Disbursement
Amount Amount

Shishu 3337382 6695.06 6616.11

( Loans Up to
Rs. 50,000)
Kishor 154441 3645.03 3461.97
( Loans From
Rs. 50,001 to
5.00 Lack)
Tarun 43242 3466.39 3294.34
( Loans From
Rs. 5.00 To Rs.
10.00 Lack)
Total 3535065 13806.48 13372.42

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CHAPTER – 4
Research Methodology

4.1 Introduction

Research Methodology is a way to systematically solve the research problem. The

Research Methodology includes the various methods and techniques for conducting
a research. Research is an art of scientific investigation. In other word research is a
scientific and systematic search for per tinent information on a specific topic. The
logic behind taking research methodology into consideration is that one can have
knowledge about the method and procedure adopted for achievement of objective of
the project .

4.2 RESEARCH DESIGN

Research design is the conceptual structure within which research is conducted. It

constitutes the blueprint for collection, measurement and analysis of data was a descriptive
research. Descriptive research involves collecting numerical through self-reports collected,
through questionnaires or interviews (person or phone), or through observation. For present
study, the research was descriptive and conclusion oriented.

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3.4 Tools of Data Collection

Information has been collected from both Primary and Secondary Data.

• Primary data: - Primary data are those which are fresh and are collected for the first
time, and thus happen to be original in character. The primary data was collected
through direct personal interviews (open ended and close ended questionnaires),
Observation Method, Interview Method and Scheduling Method etc.
• Secondary data: - Secondary data are those which have already been collected by
someone else and which already had been passed through the statistical process. The
secondary data was collected through web sites, books and magazines etc.

Span of study: The span of study is 2020-2021 year.

Sample area: Yavatmal City.

3.5 Objective of study

 The study of helping the small business development and grow further.

 The study of development and promotional activities in sector.

 The study of prevent indebtedness and insure timely recovery.

 The study of assisting lower income groups and expanding their business.

3.6 LIMITATIONS OF STUDY

It is said, “What is worth doing is worth doing best”. In other words a person should aim at
perfection. Human have to work within the limitation set by the nature and society. That is to
say even though every possible effort has been made to make this project report authentic
and comprehensive however many constraints were also at play. The major limitations of the
study are:-

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Due to time and resources a countrywide survey was not possible. .

Some of the respondents could not answer the questions due to lack of knowledge

3.7 Hypothesis

• Alternative Hypothesis

 People’s are aware about Pradhan mantri mudra yojana by SBI.

 People’s are easily providing business loan

• Null Hypothesis

 People’s are not aware about Pradhan mantri mudra yojana by SBI.

 People’s are not easily providing business loan

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CHAPTER - 5

Company Profile

State bank Of india

1 July 1955
Este. Date State Bank of India

Company State Bank Of India.

Key people Dinesh Kumar

Khara

Industry type
Banking,financial services

Branch Main Branch -Yavatmal .

Name

Sector Finance

Country India

Head office State Bank Bhawan, M.C. Road,Nariman

Point,Mumbai,
Maharashtra,India

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Chapter -6

Data Analysis, Interpretation and Findings

Table 6.1 Classification of the respondents on the basis of Gender :

Sr. No Gender Total Percentage %

1 Male 30 60%
2 Female 20 40%
Total 50 100%

Gender
Male Female

60%
40%

Figure 6.1 Data Shows respondents on the basis of Gender

SOURCE : - Data collected through questionnaire method.

Interpretation :- From the above table it is clear that majority of the respondents that is
60% are male where as only 40%respondents are female. Thus it can be concluded that there

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is a preponderance of male respondents over the females. 60% 40% Gender Yes No S.NO
Gender Total Percentage 1 Male 30 60% 2 Female 20 40% TOTAL 50 100%

Table 6.2 Classification of the Respondents on the basis of their age :-

Sr. No Age No. Of Persons Percentage %

1 8 16%
2 20-40 35 70%
3 40-50 7 14%
4 50 - Above 0 0%
Total 50 100%

Age
Below - 20 20 - 40 40 - 50 50 - Above

0%

14% 16%

70%

Figure 6.2 Data Shows Respondents on the basis of their age

Interpretation: From the above table it is clear that 16% of the respondents are of age
group of below 20,20-40 are 70%, 40-50 – 14% and above 50 is 0% . thus it can be
concluded that there is a majority of the respondents in the group of 20-40 of people i.e.
70%. 16% 70% 14% 0% Age BELOW 20 20-40 40- 50 50 above

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Table 6.3Classification of the Respondents on the basis of their Education Qualification

Sr. No. Education No. of Person Percentage %

Qualification
1 10th 2 4%
2 10+ 2 6 12%
3 Graduation 18 36%
4 Post Graduation 21 42%
5 Any Other 3 6%
Total 50 100%

Education Qualification
10th

6% 4%
10+ 2
12%

Graduation

42%
Post Graduation
36%

Any Other

Figure 6.3 Data Shows About Education Qualification

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Interpretation : From the above table it is clear that majority of the respondents that is 42%
are Post graduate which is closely followed by respondents who have Graduate. Thus it can
be conclude that there is a majority of the respondents are Post graduate where as minority of
the respondents are matriculate. 7% 14% 36% 38% 5% Matriculation 10+2 Graduation Post
Graduation Any Other

Table 6.4 Classification of the Respondents on the basis of their Occupation :-

Sr. No. Occupation No. of Person Percentage %

1 GOVT. 7 14%
Employee
2 Professional 5 10%
3 Business 7 14%
4 Student 26 52%
5 Agriculture 5 10%
Total 50 100%

Occupation
GOVT.
Employee
Professional
10% 14%
Business
10%
Student
14%
52% Agriculture

Figure 6.4 Data Shows the Respondents on the basis of their Occupation
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Interpretation: From the above table it is clear that majority of the respondents that is52%
are student which is closely followed by respondents who have Businessman. Thus it can be
conclude that there is a majority of the respondents are Student where as minority of the
respondents are Agriculture. 14% 10% 14% 52% 10% Occupation GOVT. Employee
Professional Business Student Agriculture

Table 6.5 Classification of the Respondents on the basis of their Income :-

Sr. no. Annual Income No. of Persons Percentage %

1 Below Rs.100000 30 60%
2 Rs. 100000 - Rs. 13 26%
300000
3 Rs. 300000 - Rs. 7 14%
500000
4 Above Rs.500000 0 0%
Total 50 100%

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Annual Income
Rs. 300000 - Rs. Above Rs.500000
500000 0%
14%

Rs. 100000
Below
- Rs.
Rs.100000
300000
60%
26%

Figure 6.5 Data Shows of the Respondents on the basis of their Income

Interpretation: From the above table is clear a majority of respondent have below 100000
RS income which is 60% of the total respondent and closely follow by 100000-300000
income group.Thus it can be conclude that there is a majority of the respondents are
below100000 income group where as minority of the respondents are above 500000 RS
income group Below Rs.100000 60% Rs. 100000 - Rs. 300000 26% Rs. 300000 - Rs.
500000 14% Above Rs.500000 0% Annual Income

Table 6.6 Classification of the Respondents on the basis of their awareness about
Pradhan Mantri MUDRA Yojana (PMMY)

Sr. no. Response No. Of Percentage %

respondent
1 Yes 40 80%
2 No 10 20%
Total 50 100%

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Response

Yes No

20%

80%

Figure 6.6 Data Shows Of the about Pradhan Mantri MUDRA Yojana (PMMY)

Interpretation: From the above table and figure it is clear that majority of the respondent
i.e. 80% respondents say yes and 20%respondents say no towards awareness about Pradhan
Mantri MUDRA Yojana (PMMY)? 80% 20% Response yes NO

Table 6.7 Classification of the Respondents on the basis of response if aware then tells
me in which year Pradhan Mantri MUDRA Yojana (PMMY) was launch.

Sr. No. Years No. of Persons Percentage %

1 2013 4 10%

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2 2014 5 12%
3 2015 21 52%
4 2016 7 18%
5 2017 3 8%
6 2018 0 0%
Total 40 100%

Years

0% 2013 2014

8% 10%

12% 2015 2016

18%

2017 2018

52%

Figure 6.7 Data Shows In which year Pradhan Mantri MUDRA Yojana (PMMY) was
launch.

Interpretation: From the above table majority of respondent says which are a 52% PMMY is
launch in 2015 &Closely follow by 18% of respondent which say PMMY launch in 2016.
And 12% respondent are say PMMY was launch in 2015 10% 12% 52% 18% 8%0% year 1
23456

Table 6.8 Classification of the Respondents on the basis how of mean by which they
come to know about Pradhan Mantri MUDRA Yojana (PMMY)

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Sr. No. Response No. of Percentage %

Respondents
1 Friends &Relatives 8 20%
2 Advertisement & Media 20 50%
3 Bank or Financial 12 30%
institution
4 Any other 0 0%
Total 40 100%

Response
Friends &Relatives Advertisement & Media Bank or Financial institution Any other
0%

20%
30%

50%

Figure 6.8 Data Shows to know about Pradhan Mantri MUDRA Yojana (PMMY)

Interpretation: In above table shows that , out of 40 respondent 59% come to know about
PMMY by advertisement &media ,30% from bank or financial institution &20%of the
respondent come to know about PMMY through friends & relatives. 20% 50% 30% 0%
Response Friends &Relatives Advertisement & Media Bank or Financial institution Any
other

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Table 6.9 Classification of the Respondents on the basis of awareness about main
objective of Pradhan Mantri MUDRA Yojana (PMMY)

Sr. No. Response No. Of Percentage

Respondence
1 YES 35 87%
2 NO 5 13%
Total 40 100%

Response
YES NO

13%

87%

Figure 4.9 Data Shows About main objective of Pradhan Mantri MUDRA Yojana
(PMMY)

Interpretation: In above table show, in out of 40respondent, 87% respondents were knowing
the objective of PMMY and remaining 13% respondent were not aware about the objective
of PMMY. 87% 13% YES N0

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Table 4.10 Classification of the Respondents on the basis of selection of main objective
of Pradhan Mantri MUDRA Yojana (PMMY).

Sr. No. Response No. of Percentage

Respondents %
1 Development of micro 25 72%
enterprise sector
2 Refinance support 4 11%
3 Purchase of equipment & 6 17%
new technology
4 Any Other (Please Specify 0 0%
Total 35 100%

Response
Development of micro enterprise sector Refinance support
Purchase of equipment & new technology Any Other (Please Specify
0%

17%

11%

72%

Figure 4.10 Data Shows on the basis of selection of main objective of Pradhan Mantri
MUDRA Yojana (PMMY) .

Interpretation: In above table, 72% respondent says development of micro enterprise is a

main objective of PMMY, 11 % says refinancing support &17%say purchase of equipment
& new technology for micro industry. 72% 11% 17% 0% Response Development of micro

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enterprise sector Refinance support Purchase of equipment & new technology Any Other
(Please Specify)

Table 4.11 Classification of the Respondents on the basis of awareness about maximum
limit of loan under this Scheme.

Sr. No. Response No. Of Response Percentage %

1 YES 36 90%
2 NO 4 10%
Total 40 100%

YES NO

10%

90%

Figure 4.11 Data Shows Awareness about maximum limit of loan under this Scheme.

Interpretation: In above table , there are 29 respondent where 90% Respondent have know
the limit of taking loan under this scheme and 10% respondent have not know the limit of
loan .So be can conclude a maximum respondent have know the loan limit under PMMY.
90% 10% Response YES NO

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Table 4.12 Classification of the Respondents on the basis of selection of maximum limit
of loan under the Pradhan Mantri MUDRA Yojana (PMMY).

Sr. No. Loan AMT. (in No. of Percentage %

Lack) Respondent
Percentage
1 Below 5 14%
Rs.300000
2 Rs.600000 10 28%
3 Rs.800000 4 11%
4 Rs.1000000 15 42%
5 5 Above 2 5%
Rs.2000000
Total 36 100%

LOAN AMOUNT (IN LACK)

5% 14%

Below Rs.300000
42% Rs.600000
28%
Rs.800000
Rs.1000000
11% 5 Above Rs.2000000

Figure 4.12 Data Shows of maximum limit of loan under the Pradhan Mantri MUDRA
Yojana (PMMY).

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Interpretation: In above table , 42% respondent have say RS1000000 is maximum limit
followed by 28% respondent which say RS 6000000 is a limit , 14% says RS below 300000
and remaining 11% and 5% respondent says RS800000 and RS 2000000 is a limit of taking
loan under this scheme.So be can conclude majority of respondent says RS1000000 is a
maximum limit of taking loan under PMMY. 14% 28% 11% 42% 5% Response Below
Rs.300000 Rs.600000 Rs.800000 Rs.1000000 Above Rs.200000

Table 4.13 Classification of the Respondents on the basis of awareness level about
Categories of funding of loan in this scheme.

Sr. No. Response No. of Percentage %

Respondent
1 YES 36 90%
2 NO 4 10%
Total 40 100%

Response
YES NO

10%

90%

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Figure 4.13 Data Shows About awareness level about Categories of funding of loan in
this scheme.

Interpretation: In above be can see, A 90% respondent is says yes and remaining 10% says
no .So be can conclude majority of respondent have know the categories of funding in this
PMMY scheme. 90% 10% Response yes No.

Table 4.14 Classification of the Respondents on the basis of knowledge toward

Financial Institutions Shortlisted to be Service provider in MUDRA Yojana for
funding.

Sr. No. Response No. Of Response Percentage %

1 YES 37 92%
2 NO 3 8%
Total 40 100%

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Response

8%

YES
NO

92%

Figure 4.14 Data Shows About Financial Institutions Shortlisted to be Service provider
in MUDRA Yojana for funding.

Interpretation: In above table a 92 % of respondent Know the financial institution which

offer services under this scheme and 8 % not know about the these institution. So be can
conclude majority of respondent know the financial institutions which offer services under
this scheme. 92% 8% Response Yes No

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Table 4.15 Classification of the Respondents on the basis of knowledge regarding the
financial institution is not a service provider of this scheme.

Sr No. Name of the Financial NO. of Percentage

institution Respondent
1 Aditya Birla Finance Ltd. 7 17%
2 State Bank of India 9 22%
3 Punjab National Bank 11 27%
4 Axis Bank Ltd 5 13%
5 HDFC Bank Ltd 2 5%
6 ICICI Bank Ltd 3 8%
7 India Infoline Finance Ltd 0 0%
(IIFL)
9 If any other Bank 0 0%
Total 37 100%

Financial institution
Aditya Birla Finance
Ltd.
0%
State Bank of India

0% Punjab National
5% Bank
9% 19% Axis Bank Ltd

14% HDFC Bank Ltd

24%
29% ICICI Bank Ltd

India Infoline
Finance Ltd (IIFL)
If any other Bank

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Figure 4.15 Data Shows About financial institution is not a service provider of this
scheme

Interpretation : In above table , 22% and 27 % respondent says state bank of India &
Punjab national bank have not offer loan under this scheme or 17% respondent say Aditya
Birla Finance LTD.is not offer loan under this scheme .So be can conclude majority
respondent thinks SBI &PNB is not a service provider. 17% 22% 27% 13% 5% 8% 0% 0%
Response Aditya Birla Finance Ltd. State Bank of India Punjab National Bank Axis Bank
Ltd HDFC Bank Ltd. ICICI Bank Ltd. India Infoline Finance Ltd (IIFL) If any other Bank.

Table 4.16 Classification of the Respondents on the basis of their response toward the
benefits of Pradhan Mantri MUDRA Yojana (PMMY) for Micro industry.

Sr. No. Response No. Of Percentage

Respondent %
1 Strongly Agree 19 47%
2 Agree 12 30%
3 Neutral 5 12%
4 Disagree 3 8%
5 Strongly Disagree 1 3%
Total 40 100%

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Response
Strongly Agree Agree Neutral Disagree Strongly Disagree

3%

8%

12%
47%

30%

Figure 4.16 Data Shows About benefits of Pradhan Mantri MUDRA Yojana (PMMY)
for Micro industry .

Interpretation: In above table ,out of 40 respondent ,47% strongly agree and 3% respondent
are strongly disagree PMMY is beneficial for Micro industry .So be can conclude majority of
respondent strongly agree PMMY is beneficial for micro industry of country . 47% 30%
12% 8% 3% Response Strongly agree Agree Neutral Disagree Stronglydisagree

Table 4.17 Classification of the Respondents on the basis of their awareness regarding
the process of taking loan under this scheme.

Sr. No. Response No. Of Percentage %

Respondent
1 YES 36 90%
2 NO 4 10%

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Total 40 100%

Response

10%

YES NO

90%

Figure 4.17 Data Shows About awareness regarding the process of taking loan under
this scheme.

Interpretation: In above table 90% respondent says yes and 10% says no to be can conclude
majority of respondent are know the process of taking loan under this scheme. 90% 10%
Response Yes No.

Table 4.18 Classification of the Respondents on the basis of their response regarding
opinions toward process of taking loan in PMMY.

Sr. No. Response No. Of Percentage %

Respondents
1 Very Easy 10 25%
2 Easy 15 37%
3 Neutral 6 20%

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4 Complex 4 15%
5 Very Comple 1 3%
Total 36 100%

Response

Very Easy
3%

15% 25% Easy

20% Neutral

37% Complex

Very
Comple

Figure 4.18 Data Shows About process of taking loan in PMMY.

Interpretation: In above table 37% respondent says easy 25% says very easy 20% says
neutral and 15% says complex.So be can conclude majority of people say a process of taking
loan under this scheme is easy. 25% 37% 20% 15% 3% Response Vary easy Easy Neutral
Complex Very Complex

Table 4.19 Classification of the Respondents on the basis of their response regarding
PMMY capablity toward employment enhancement

Sr. No. Response No Of Percentage %

Respondents
1 Strongly Agree 12 30%

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2 Agree 17 42%
3 Neutral 7 18%
4 Disagree 4 10%
5 Strongly Disagree 0 0%
Total 40 100%

Response
Strongly Agree Agree Neutral Disagree Strongly Disagree
0%

10%
30%
18%

42%

Figure 4.19 -Data shows About PMMY capablity toward employment enhancement

Interpretation: In above table out of 40 respondent 42% respondent are strongly agree and
30 % are agree , 18%or 10% respondent are neutral or disagree toward PMMY is capable for
provide employment in country So be can conclude majority of respondent strongly agree
toward PMMY is capable for provide employment in country. 30% 42% 18% 10% Response
Strongly Agree Agree Neutral Disagree

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Table 4.20 Classification of the Respondents on the basis of their response regarding
PMMY,s effectiveness to measure or solve the financial problems of Micro industry .

Sr. No Response No. Of Percentage %

Respondents
1 Strongly Agree 12 30%
2 Agree 13 32%
3 Neutral 11 28%
4 Disagree 4 10%
5 Strongly 0 0%
Disagree
Total 40 100%

Response
Strongly
0% Agree

Agree
10%
30%
Neutral
28%

Disagree

32%
Strongly
Disagree

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Figure 4.20 Data Shows About effectiveness to measure or solve the financial problems
of Micro industry
Interpretation: In above table out of 40 respondent 32% agree , 30% strongly agree, 28%
neutral and 10% are disagree toward PMMY is an effective policy to measure or solve the
financial problems of Micro industry of India. So be can say majority of respondent are agree
and strongly agree 30% 32% 28% 10% 0% Response Strongly Agree Agree Neutral
Disagree Strongly Disagree

Table 4.21 Classification of the Respondents on the basis of their response regarding
PMMY’s effect toward improperness economic growth.

Sr. No. Response NO. of Percentage %

Respondents
1 Strongly Agree 15 37%
2 Agree 17 42%
3 Neutral 6 15%
4 Disagree 1 3%
5 Strongly 1 3%
Disagree
Total 40 100%

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Response
Strongly Agree Agree Neutral Disagree Strongly Disagree

3%
3%
15%
37%

42%

Figure 4.21 Data Shows About effect toward improperness economic growth.

Interpretation: In above table out of 40 respondent 42% agree, 37% strongly agree, 15 %
respondents are neutral or 3% and3% are disagree or strongly disagree toward PMMY is
helpful in improving the country economic growthSo majority of respondent think or agree
PMMY is helpful in growth of economy of country 37% 42% 15% 3% 3% Response
Strongly Agree Agree Neutral Disagree Strongly Disagree

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CONCLUSION

MUDRA has been formed with primary objective of developing the micro enterprise sector
in the country by extending various supports including financial support in the form of
refinance, so as to achieve the goal of funding the unfunded. Subsequently GOI has also
decided that MUDRA will provide refinance support, monitor the PMMY data by managing
the web portal, facilitate offering guarantees for loans granted under PMMY and take up
other activities assigned to it from time to time. Accordingly MUDRA has been carrying out
these functions over the last one year.

According my study mostly people are aware about Pradhan Mantri Mudra Yojana. In study
people’s response is Pradhan Mantri Mudra Yojana capable to provide employment in
country. So MUDRA will provide refinance support for Micro Industry Most people know
about then process of taking a loan in Pradhan Mantri Mudra Yojana. .Therefore, the
government has to brings awareness in potential Pradhan Mantri Mudra Yojana through
conducting awareness programmers, showing film slides, T.V interview, panel discussion,
seminars, workshops, and symposiums.

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SUGGESTIONS & RECOMMENDATIONS

Pradhan Mantri Mudra Yojana aim to empower every Indian and enable them to stand on
their own feet. The programmed recognizes the challenges faced by micro industry and
women entrepreneur in setting up enterprises, obtaining loans and other support needed from
time to time for succeeding in business .The programme, therefore, endeavors to create an
ecosystem which facilitates and continues to provide a supportive environment for doing
business.

The objective of the Pradhan Mantri Mudra Yojana To be an integrated financial and
support services provider par excellence benchmarked with global best practices and
standards for the bottom of the pyramid universe for their comprehensive economic and
social development.

The focus area, with regards to implementation of Pradhan Mantri Mudra Yojana is listed
below.

Increasing loans sanctioned and disbursed by financial institutions.

Connecting request of potential borrowers to the right handholding entities.
Handholding events organized subsequent to sanction of loan.
Converging Pradhan Mantri Mudra Yojana with existing schemes of govt. of India or state
govt.
Adopting innovation methods for implementation of scheme.
Ensuring transparency and accountability in implementation of the scheme.
Government should run awareness program for people’s awareness of Pradhan Mantri Mudra
Yojana scheme.
Pradhan Mantri Mudra Yojana should have separate plans for woman borrower.
Essential to provide adequate training on planning, organizing, directing, controlling of
Marketing and finance

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APPENDICES

8.1 QUESTIONNAIRE

Section - A
1.Name …………………

2. Gender :
a) Male b) Female
3. Age :
a) Below 20 Years b) 20 – 40 Years
c) 40 – 50 Years d) Above 50 Years

4. Education Qualification
a) Matriculation b) 10+2
c) Graduation d) Post Graduation e) Any Other

5. Occupation
a) Government employee b) Professional
c) Business d) Student e) Agriculture

6. Annual income
a) Below Rs. 100000
b) Rs. 100000 – Rs. 300000
c) Rs.300000 – Rs. 500000
d) Above Rs. 500000

Section – B

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7. Are you aware about Pradhan Mantri MUDRA Yojana (PMMY)?

a) Yes b) No

7.(A) if yes then tells me which year Pradhan Mantri MUDRA Yojana (PMMY) was
launch?
a) 2014 b) 2015
c) 2016 d) 2013
e) 2017 f) 2018

8. How did you come to know about Pradhan Mantri MUDRA Yojana (PMMY)?
a) Friends & Relatives b) Advertisement or Media
c) Bank or financial Institution d) Any Other (Please
Specify)……………………

9. Did you know about a main objective of Pradhan Mantri MUDRA Yojana (PMMY)?
a) Yes b) No

9. (A) If yes, then tell me what is the main objective of Pradhan Mantri MUDRA Yojana
(PMMY)?
a) Development of micro enterprise sector
b) Refinance support
c) Purchase of equipment & new technology
d) Any Other (Please Specify)……………………

10. Did you know the maximum limit of loan under this Scheme?
a) Yes b) No

10. (A) If yes, then tell me what is the maximum limit of loan under the Pradhan Mantri
MUDRA Yojana (PMMY)?
a) Below Rs.300000

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b) Rs.600000
c) Rs.800000
d) Rs.1000000
e) Above Rs.2000000

11. Did you know about Financial Institutions Shortlisted to Be Service provider in MUDRA
Yojana for funding?
a) Yes b) No

12. (A) If yes, then tell me which financial institution is not a service provider of this
scheme?
a) Aditya Birla Finance Ltd.
b)HDFC Bank Ltd.
c) State Bank of India
d) ICICI Bank Ltd.
c) Punjab National Bank
g) India Infoline Finance Ltd (IIFL)
d) Axis Bank Ltd.
h) Kccb Bank Ltd.
i) If any other (Please Specify)…………………………

13. Pradhan Mantri MUDRA Yojana (PMMY) is beneficial for Micro industry of country
give your response on the rating scale?
a) Strongly agree b) Agree
c) Neutral d) Disagree e) Strongly disagree

16. PMMY is capable to provide employment in country?

a) Strongly agree b) Agree
c) Neutral d) Disagree e) Strongly Disagree

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17. PMMY is an effective policy to measure or solve the financial problems of Micro
industry of India?
a) Strongly agree b) Agree
c) Neutral d) Disagree e) Strongly Disagree

19. PMMY is helpful in improving the country economic growth?

a) Strongly agree b) Agree
c) Neutral d) Disagree e) Strongly Disagree

20. There is need up pace the extant of awareness about this scheme?
A) Yes B) No If any suggestion (Please specify)
…………………………………………………………………………………………………
…....

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8.2 Bibliography

List Of Websites :

www.mudra.org.in
www.wikipedia.com
www.bajajfinservmarkets.in
www.paisabazaar.com
www.sbi.co.in
www.bankbazaar.com

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