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Mudra Promotion Campaign inaugurated in Shillong

The Union Minister of State for Defence Subhash Ramrao Bhamre in the presence of Zenith Sangma and other State Government officials  inaugurate the Mudra Promotion Campaign.The campaign is being organised in all over 50 locations across the country between September 27 and October 17 as the Centre aims to promote Mudra loans, financial inclusion schemes, and digital payment methods.

The aim of this Mudra Campaign is to help and provide platform to young entrepreneur to set up business or and be sufficient in their profession. Speaking at the official function here in Shillong the Union Minister said that ‘Pradhan Mantri Yojna’ and ‘Stand Up’ India are the two major scheme initiated by Prime Minister Shri Narendra Modi which will bring up transformation to millions of youth by providing formal access to financial support. This will enable the youth to be self sufficient and self employment. The beneficiaries of the such schemes include Scheduled tribe, scheduled castes and especially woman where one can take up loan ranging from lakhs to crores rupees.

 

Zenith Sangma the Minister of Taxation reminds the people that illiteracy and lack of connectivity are the main problems regarding the setting up of banks especially in rural areas. The state has a total of 395 branches out which 51 percent are located in the rural areas, yet people are not aware of digital marketing or e-commerce. The Minister asked all the bankers to make it compulsory in providing awareness programme to people in rural areas about such schemes.