Union minister Pankaj Chaudhary on Monday said more than Rs 33 lakh crore of collateral-free loans have been given to 52 crore people under Mudra Yojana for starting businesses and 68 per cent of the beneficiaries are women. The Minister of State for Finance was addressing a gathering at the valediction ceremony of the 77th batch of Indian Revenue Service (IRS) officers at the National Academy of Direct Taxes in Nagpur. Talking about the country's vision for economic development, he said, "In the last ten years, our government has given more than Rs 33 lakh crore of collateral-free loans to 52 crore people. These loans ranged from Rs 50,000 to Rs 20 lakh."