Union Home Minister and Minister of Cooperation Shri Amit Shah says, Modi Government has empowered small traders and start-ups by providing collateral-free loans, thereby giving a new boost to self-employment and small industries

**Executive Summary** This report details the achievements of the Pradhan Mantri Mudra Yojana (PMMY) as of its 11th anniversary on April 8, 2026. Union Home Minister Amit Shah highlighted the scheme's success in providing collateral-free loans to empower small traders, startups, and women. Over the past 11 years, the initiative has disbursed more than ₹40 lakh crore to foster self-employment and build a self-reliant India. **Key Points / Main Content** * **Financial Disbursement and Scale** * Completion of 11 years of the Pradhan Mantri Mudra Yojana welfare scheme. * Disbursement of over ₹40 lakh crore across 58 crore total loans. * Provision of collateral-free credit to remove financial barriers for small-scale entrepreneurs. * **Social and Economic Impact** * Support provided to 12 crore youth, contributing to national self-reliance. * Significant focus on gender equality, with women receiving two out of every three Mudra loans issued. * Strengthening of the self-employment sector and small industries through government-led financial empowerment. **Impact Analysis** **Small Traders and Start-ups** **Impact** They have been empowered with collateral-free loans, providing the necessary capital to boost small industries and new business ventures without the burden of traditional security requirements. **Action Required** Utilize the available credit facilities to establish and strengthen business operations and self-employment initiatives. **Youth** **Impact** Approximately 12 crore young individuals have benefited from the scheme, gaining the momentum needed to contribute to a self-reliant India. **Action Required** Engage with the welfare scheme to transition from job seekers to self-employed entrepreneurs. **Women** **Impact** Women have achieved historic levels of empowerment and self-reliance, accounting for approximately 66.6% of the total loan recipients under the scheme. **Action Required** Continue to leverage these financial resources to secure economic independence and participate in the small business sector.

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