Page 22 - MUDRA ANUBHAV

increase risk of NPAs for their lenders. Hence GOI
and SIDBI have announced an interest subvention
of 2% for a period of 12 months for eligible and

needy Shishu loan borrowers.

Apart from above, MUDRA has also been working
with Credit Rating agencies to develop a standard
framework for expectations from different sectors.

Also, MUDRA has been reaching out to Credit
Bureaus (CB) to increase the reach in micro finance
sector. Such Credit Bureaus are deeply connected
with small borrowers have the potential to bring

them into the mainstream financial scenario.

All above efforts are aimed at the goals of financial
inclusion and to support it more the MUDRA
scheme is well synchronized with “Make in India”

scheme, “National Rural Livelihood Mission”,
“Deendayal Antodaya Yojana” and “National Skill
Development Corporation”. The success of all
these efforts will result in more self-employment.

The development of technology is at peak currently
and it gives immense scope for progress, not only
for any single citizen, but the whole country. If the
youth of India decide to become a job creator rather

than a job seeker, with the support of financial
inclusion scheme, we may see a paradigm shift for
the Indian economies, with more growth, progress,
and development for all.

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