Page 27 - MUDRA ANUBHAV

Mehar L (2014) has emphasized in the study that
the financial inclusion in India has increased in
the last few years with new innovations like mobile

banking, ultra-small branches etc.,

Roy, Anup Kumar (2016) has demonstrated that
small businesses are the foundation of economic
development. A major number of initiatives have

been taken in the past few years in the right
direction.

Dr. J. Venkatesh and MS. R. Lavanya Kumari
(2017) have indicated that initiatives have already

been taken which focus solely on entrepreneurs,
besides the schemes that are being introduced for
the overall growth and development of the MSME
sector. The schemes will contribute to the overall

well-being of the individuals engaged in small scale
industries which will further augment the progress
of the whole economy.

Anup Kumar (2016), in his article titled “MUDRA

Yojana - A Strategic Tool for Small Business
Financing”, the author says, in a developing country
having large population like India, small businesses
play an important role not only in contributing

to nation GDP but also by providing employment
to a large number of people. After identifying the
importance of self-employment of the people and
small business units, the Government of India

launched MUDRA Yojana to address the financial

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