Business Economy 26 May 2016 Banks distributed Rs ...

Banks distributed Rs 1.32 lakh crore under Mudra Yojana: Bandaru Dattatreya

PTI
Published May 26, 2016, 8:25 pm IST
Updated May 26, 2016, 8:25 pm IST
The Labour Minister further said that so far 87 lakh youths have been given training in skill development.
Bandaru Dattatreya, Union minister of state for labour.
 Bandaru Dattatreya, Union minister of state for labour.

Hyderabad: Banks have so far distributed Rs 1.32 lakh crore under the NDA government's flagship scheme 'Pradhan Mantri Mudra Yojana' to as many as 3.48 crore beneficiaries, most of them from weaker sections across the country, Union minister Bandaru Dattatreya said on Thursday.

"Most of the beneficiaries belong to SC, ST and weaker sections. This is not an ordinary task. Loans worth Rs 1.32 lakh crore were extended by banks to you people (economically weaker sections). So this government is pro-poor government.

 

But Rahul Gandhi (Congress Vice-President) does not accept and understand this," Dattatreya said in a meeting here organised by Andhra Bank. He also said under the 'Prime Minister Jan Dhan Yojna' as many as 22 crore new bank accounts were opened and the banks have got Rs 32,000 crore towards deposits in those accounts.

The Labour Minister further said that so far 87 lakh youths have been given training in skill development. "Providing employment to unemployed is on the high priority for our government. In the coming next two years, one crore unemployed (people) will be provided employment opportunity," he said.

 

Meanwhile, Andhra Bank said the bank has sanctioned Rs 1,721.19 crore to 2.34 lakh beneficiaries under PMMY.

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