New Delhi: Confident about Mudra loan scheme benefitting the weakest section of the society, finance minister Arun Jaitley on Sunday said the government’s intent is not to give any buksheesh (tip) but to make people economically self-sufficient.
In a Facebook post, Mr Jaitley said, “The model of the present government is not to give buksheesh but to enable people to make them economically self-sufficient and live a life of dignity. The Mudra scheme will be a game changer over the next few years.”
Last week, Mr Jaitley launched a mega credit drive under the Mudra scheme, under which banks, NBFCs and MFIs will provide loans betw-een Rs 50,000 to Rs 10 lakh to the unfunded sections of the society.
“India may not be able to provide employment to all but our economy will strong enough to provide resources to the weakest to enable them to be self-employed and self-dependent,” Mr Jaitley said in the post.
