Mudra loan to start a new buisness by Indian government

in mgsc •  6 years ago 

Pradhan mantri launched mudra loan yojna
For starting new buisness for small companies firms private sector etc
Which doesn't require any security proof aur guarantee
A person can avail loan up to 10 lakh with no security of papers and all
I thought of starting my new buisness in mall of buying a shop on rent and start
I studied about mudra loan which says interest rate are low but it is as high as bank normal interest rates
Which is 10-15% which is a big amount for starting a new buisness to the person who don't have money
I have no idea how to cope up with it and in future there is no scopes of jobs vacancies and its very challenging to get a job in India bcoz most of the jobs is based on reservation of lower casts and they get much seats
God knows what will be happening in future...
Feeling sad and angry tooo....

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