Financial empowerment of rural entrepreneurs in Kerala through Pradhan Mantri Mudra Yojana
Financial empowerment is the empowerment or ability of a person to access and handle finance for various purposes including investment in the business. This study aims to find out the influence of financial support scheme like Pradhan Mantri Mudra Yojana on the financial empowerment of rural entrepreneurs in Kerala. PMMY is a flagship scheme introduced by central Government to provide financial assistance to the micro and small enterprises in our country. Financial empowerment through the scheme is measured through the variables viz. Factors compelled to obtain Mudra loan to start enterprise, Factors influenced to participate in Mudra loan, Awareness about PMMY, Operational details of PMMY, Approach of Loaner financial institution, Monetary mechanism for the utilisation and repayment of the loan fund.