Question : Participation in PMMY

(a) whether the Private Sector Banks have shown their reluctance to participate in the Pradhan Mantri Mudra Yojana (PMMY) Scheme across the country;
(b) If so, the details thereof and the reasons therefor; and
(c) The efforts being taken by the Government to involve Private Sector Banks in this process?

Answer given by the minister

The Minister of State in Ministry of Finance


(a) to (c) No Madam. An amount of Rs.20,026crorehas been disbursed by Private Sector Banks under Pradhan Mantri Mudra Yojana (PMMY) during 2015-16. The performance of all banks is regularly monitored by capturing bank-wise, state-wise data through a dedicated web portal & reviewed through periodic video conferences.

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