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Government Announces Massive Expansion of PM MUDRA Yojana for Service Sector.

Government Schemes | Dated: 30 Apr 2026

To vastly strengthen service sector enterprises, the Ministry of Finance officially announced a massive enhancement in the PM MUDRA Yojana. The completely collateral-free loan limit has been significantly increased specifically to strictly support service-based startups.

🎯 Key Highlights:

  • The scheme now strictly includes comprehensive coverage for logistics and IT service units.
  • It exclusively applies to all registered vendors via the digital banking portal.
  • The scheme heavily promotes absolute financial inclusion in tier-2 cities.

💡 Other Important Facts:

  • Scheme: PM MUDRA.
  • Expansion: Service Sector.
  • Focus: Startup Funding.

📚 Test Your Knowledge:

Under the recent expansion of the PM MUDRA Yojana, the collateral-free loans have been enhanced to specifically cover which type of sector?

Correct Answer: Service Sector

🚀 Quick Recap:

About PM MUDRA Yojana

  • Full Form - Micro Units Development and Refinance Agency
  • Maximum Loan Limit - Rs 20 Lakh (Tarun Category)