An Empirical Study of the Role of Mudra Funding-Tarun over Different States

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Subhro Sen Gupta, Dr. Ranjul Rastogi

Abstract

In an economy like India where one of the major concern is poverty unemployment forms the basis. It becomes a more radical concern when graduates get distracted and directionless in the absence of a proper source of income. Government has launched many schemes like STAND UP INDIA, SEED FUNDING, MUDRA, Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to name a few but then are these youths ready to accept the challenges in making India a global market with their products and ideas. Governmental schemes are available but the hand holding along with the willingness to move ahead with one’s idea and ideology needs to be spread. The present paper throws light upon the number of empirical features hidden in account opening, amount disbursed, average amount receivable and many others over different states from the onset of MUDRA till date. In depth study was conducted to bring out the best of the data.

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