Ahmedabad The Modi government at the center will now provide an amount of Rs 20 lakh to the youth to start and expand their business. According to the latest report, today Finance Minister Nirmala Sitharaman has announced to increase the amount of Mudra Loan Scheme.
According to the news, the Finance Minister while giving information during the budget session has said that now people across the country will be given an amount of Rs 20 lakh under Mudra Loan. The government has decided to increase its amount from Rs 10 lakh to Rs 20 lakh.
Let us tell you that till now people used to get a maximum of 10 lakh rupees under the Mudra Loan Scheme for business. But now people will get a maximum of 20 lakh rupees under this scheme. This will make it easier for people to do business.
Apart from this, Modi government will help MSME to open food safety labs. Along with this, it will bring a scheme in collaboration with the private sector to promote e-commerce export. It will also make a provision to provide internship to 5 crore youth.