5.6 lakh beneficiaries of MUDRA scheme in Mysuru district, says MLA

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T.S. Srivatsa, Krishnaraja Assembly constituency MLA, and BJP leaders greeting MUDRA strategy  beneficiary Saraswathi M. connected  her enactment    by the authorities  to witnesser  the Republic Day Parade successful  New Delhi connected  January 26.

T.S. Srivatsa, Krishnaraja Assembly constituency MLA, and BJP leaders greeting MUDRA strategy beneficiary Saraswathi M. connected her enactment by the authorities to witnesser the Republic Day Parade successful New Delhi connected January 26. | Photo Credit: M.A. Sriram

T.S. Srivatsa, Krishnaraja MLA, claimed that determination are much than 5.6 lakh beneficiaries of the MUDRA strategy successful Mysuru district.

The Pradhan Mantri MUDRA Yojane (PMMY) is simply a strategy that the Government of India launched successful 2015 to supply loans to non-corporate, non-farm tiny and micro enterprises.

At a property league held successful Mysuru connected January 16 to denote the enactment of Saraswathi M., a MUDRA beneficiary from Ramakrishna Nagar successful the city, to witnesser the Republic Day parade successful New Delhi connected January 26, Mr. Srivatsa said the fig of MUDRA strategy beneficiaries successful Mysuru territory came up for treatment erstwhile Union Minister for Heavy Industries and Steel H.D. Kumaraswamy reviewed the Union authorities schemes during the past DISHA gathering successful Mysuru.

While ₹3,000 crore had been disbursed nether the strategy to beneficiaries successful Mysuru territory from April 1, 2025 to October 31, 2025, the full magnitude of funds disbursed successful the territory signifier 2019 to 2025 was ₹10,000 crore.

With Mysuru territory accounting for 5.6 lakh beneficiaries, each of the 11 Assembly segments successful the territory person astir 50,000 to 55,000 beneficiaries, Mr. Srivatsa said.

Ms. Saraswathi received a missive from her bank, Union Bank of India, astir her enactment by the Financial Inclusion Section, Department of Financial Services, Government of India, to witnesser the Republic Day ceremonial 2026 nether the MUDRA indebtedness beneficiary category. She volition beryllium accompanied by her subordinate Pushpa P.

The State Level Banking Committee (SLBC) volition marque her question and enactment arrangements portion the slope volition carnivore each related expenses successful the regard, said the enactment letter.

Ms. Saraswathi, who runs a tailoring store and boutique successful Ramakrishna Nagar successful the city, had successfully repaid the indebtedness doubly and obtained fiscal assistance nether MUDRA for the 3rd time.

Mr. Srivatsa said she archetypal obtained ₹2.5 lakh earlier repaying the aforesaid and obtaining different ₹6 lakh, which was besides cleared. On the 3rd occasion, she had taken a indebtedness nether MUDRA for ₹10 lakh.

Speaking to reporters, Ms. Saraswathi shared her happiness astir not lone doing good for herself but besides giving employment to 2 oregon 3 different persons.

She said she utilized to enactment successful a rented location earlier but is present susceptible of owning a house. She volition permission for New Delhi to witnesser the Republic Day parade connected January 24 and instrumentality connected January 28.

Published - January 16, 2026 07:49 p.m. IST

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