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Finance ministry ties up with e-commerce firms to give loans
24-May-2018

The finance ministry has joined hands with over two dozen e-commerce firms, including major players like Amazon, Flipkart, Ola and Uber, to provide easy finance to small entrepreneurs under the Pradhan Mantri Mudra Yojana (PMMY), a top government official said. The three way partnership between lenders, industry and the government aims to facilitate small business loans. PMMY is a flagship scheme of the government to provide loans of up to Rs 10 lakh to small entrepreneurs.

News Source:- https://www.financialexpress.com/economy/pradhan-mantri-mudra-yojana-finance-ministry-ties-up-with-e-commerce-firms-to-give-loans/1178631/