PRADHAN MANTRI MUDRA YOJANA (PMMY) AND EMPLOYMENT GENERATION: A REGIONAL ANALYSIS

This paper evaluates the impact of the Pradhan Mantri Mudra Yojana (PMMY) on employment generation across different regions in India. Launched in 2015, PMMY aims to provide microfinance to small entrepreneurs through institutional credit. This study uses secondary data from government portals and bank reports to assess how different states have leveraged the scheme for job creation. The findings reveal that while some regions have shown significant employment gains due to better outreach and utilization of funds, others lag due to infrastructural and administrative constraints.