MUDRA NPAs

PRADHAN MANTRI MUDRA YOJANA: FEATURES, SIGNIFICANCE, CHALLENGES, WAY FORWARD

Celebrating 11 years, the PMMY has revolutionized grassroots credit by disbursing ₹40 lakh crore to the "unfunded." To sustain India’s $5 trillion vision, it must now leverage AI-driven risk appraisal and cash-flow-based lending to address rising NPAs and information asymmetry.