evidence: As part of the nine priorities highlighted for the 2024 Union Budget, the limit of Mudra loans limit will be enhanced to ₹20 lakh from the current ₹10 lakh for those who have availed and successfully repaid loans previously taken under the Tarun category, Union Finance Minister announced on July 23. [...] Pradhan Mantri MUDRA Yojana (PMMY) was launched on April 8, 2015, by Prime Minister Narendra Modi to facilitate easy collateral-free micro-credit of up to ₹10 lakh to non-corporate, non-farm small and micro-entrepreneurs for income-generating activities. [...] During the interim budget presentation earlier this year, the government extended 43 crore loans aggregating to ₹22.5 lakh crore under the PM Mudra Yojana