BJP Shows Increase in Beneficiaries of Mudra Yojana Despite a Drop

The data for 2018-2019 shows a decrease in the number of beneficiaries and the loans sanctioned by the government.

The Bharatiya Janata Party (BJP) on Monday, 22 October, tweeted a graph (which has now been taken down) showing the beneficiary of the Mudra yojana, which aims at extending loans to small-scale, non-corporate enterprises, and the loans sanctioned by the government under the scheme.

The graph titled ‘Promoting entrepreneurship and empowering youth with financial security’ shows that the government has disbursed over Rs 6.80 lakh crore to 14.34 crore beneficiaries.

The data depicted in the graph shows an upward trend in the number of beneficiaries and loans sanctioned every year since the launch of the scheme in 2015.