Nagpur District's Pradhan Mantri Mudra Yojana Financial Outcomes and Enterprise Growth

                      This study examines whether and how the Pradhan Mantri Mudra Yojana (PMMY, popularly Mudra loan yojana) influences financial outcomes and enterprise growth among micro and small enterprises (MSEs) in Nagpur district, Maharashtra. We integrate administrative statistics with a primary survey of PMMY borrowers and matched non-borrowers, and estimate treatment effects using propensity-score matching (PSM) and difference-in-differences (DiD). Outcomes include revenue growth, profitability, employment, asset formation, and formalization. Conceptually, PMMY provides working-capital and term loans through Shishu, Kishor, Tarun (and Tarun Plus) tiers, expanding credit access for first-time and underserved entrepreneurs. National and state-level evidence suggests large outreach with improving asset quality, yet district-level impacts remain underexplored. We propose an empirical design tailored to Nagpurs enterprise structure and present a results template researchers can replicate. Policy implications cover loan-size calibration, post-disbursement support, and data-sharing protocols to improve local impact.