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#Mudra_Loans
The Mudra loan scheme is a repackaged version of loans for small and micro businesses that was already in place. The government’s claims of job creation now rest on these loans, the logic being that the government has given Rs 7-8 lakh crore in loans to (1)
The Mudra loan scheme is a repackaged version of loans for small and micro businesses that was already in place. The government’s claims of job creation now rest on these loans, the logic being that the government has given Rs 7-8 lakh crore in loans to (1)
entrepreneurs over the last four years and these must have created jobs. The truth is, the average size of these loans is so small that they could not have created sustainable jobs. The government has either not collected data on the jobs created by these loans (2) @narendramodi
or is not sharing the data with the public. In either case, we have to take its claims with a jar of salt. (3) @narendramodi @PMOIndia @narendramodi_in @iShankarLalwani #ModiForYouth #ModiJiAt70 #happybirthdaymodiji
