• S.IYAPPAN
• Dr.C.THILAKAM

Finance is one of the most important things to fight poverty and provide employment opportunities. Financial inclusion is one of the most treasured strategies in India. Our monetary arrangement has dependably been driven by a basic plan of a practical and comprehensive development. The primary point behind the monetary consideration is to cover the all segment of population under monetary administrations. Pradhan Mantri Mudra Yojana was announced by the Hon’ble Prime Minister Shri Narendra Modi on 8th April, 2015 alongside the reporting of MUDRA Bank. PMMY is another financial inclusion initiative of Government of India which aims not only on funding the unfunded but also aims to increase the funding gap to micro enterprises. It also helps the existing micro units to enhance their activities. Government of India makes guidelines, rules and regulations related to PMMY, for all banks and MFIs. MUDRA is non-banking financial institution for supporting the micro enterprises segment in the country. It provides support to the banks and all MFIs for micro enterprises having loan necessity up to 10 lakhs. Government of India has introduced some of the major steps to “fund the unfunded” micro enterprises segment. One of the initiatives taken by Government of India is which plays an important role in achieving the success of financial inclusion. The idea behind the scheme is to provide the credit requirement to small business upto Rs.10 lakhs. This paper includes the overview of PMMY, features of PMMY, current scenario, effects of e-banking implements on PMMY and conclusion.

Financial inclusion, micro enterprises, poverty eradication, industrial development, etc.

"ENVIRONMENTAL INNOVATION AND SUSTAINABILITY IN HANDICRAFT INDUSTRIES IN TAMIL NADU", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.108-112, May-2019, Available :http://www.jetir.org/papers/JETIRBP06021.pdf

"ENVIRONMENTAL INNOVATION AND SUSTAINABILITY IN HANDICRAFT INDUSTRIES IN TAMIL NADU", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp108-112, May-2019, Available at : http://www.jetir.org/papers/JETIRBP06021.pdf