Unveiling Micro Entrepreneurs’ Insights on Mudra Scheme in Karnataka

  • J Jamela Salasty Research Scholar, Alagappa University, Karaikudi, Tamil Nadu, India https://orcid.org/0009-0006-4330-0822
  • G Kanagavalli Assistant Professor, Alagappa University, Karaikudi, Tamil Nadu, India
Keywords: Mudra, Yojana, Micro, Entrepreneur, Perception


In light of the Indian government’s increasing efforts to foster entrepreneurship among its youth through various financial supports and schemes, it is now an opportune moment to assess the efficacy of initiatives aimed at promoting entrepreneurship in the country. This study seeks to elucidate the perspectives of micro-entrepreneurs regarding the support provided by the Mudra Schemes for the advancement of Micro, Small, and Medium Enterprises (MSMEs).This Micro Units Development and Refinance Agency (MUDRA) scheme in Karnataka has proven to be vital force in supporting micro entrepreneurs, addressing their financial needs and fostering economic growth. This study, based on primary and secondary data, explores the perceptions of micro entrepreneur who have benefited from Mudra loans. The scheme’s components, Shishu, Kishore and Tarun – cater to various financial needs from initial business expenses to expansion and renovation. The analysis of micro entrepreneurs perspectives identify the sentiments towards the MUDRA scheme, and contribution to micro business growth, pubic awareness, processing time and willingness to recommend others. However challenges in availing MUDRA loans and certain aspects of the terms and conditions will be identified as areas for improvement.

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