A Study On The Progress of Mudra in Tamil Nadu

          The purpose of the article is to understand the mudra of yojana and its meaning; study the progress of the Mudra and analyze the structure and number of loans issued by Tamil Nadu. The study concluded that PMMY which is a good initiative from the part of government to encourage entrepreneurs and fund the unfunded is going to bring about a dramatic change in the MSME sector. Many initiatives has been taken by MUDRA to create awareness about loans for micro enterprises and to enhance the number of loans sanctioned - especially, those under Shishu category by organizing credit camps across the country. In 2017-18, the government has set a disbursement target of Rs.1,81,000 crore - an increase of 47.8% over the target set for the year 2016-17 and 35.9% above the achievement. If the partner institutions support this MUDRA yojana in same spirit as in the year 2015-16, MUDRA hopes to achieve this target too.