Smriti Irani Praises PM's Push, Crunches Numbers For Women's Enterprise
NDTV
Speaking to NDTV on the sidelines of the World Economic Forum meet at Davos, Switzerland, Smriti Irani said it turns out that an exponential number of women belonging to the lower rungs of society have sought bank loans to start their businesses.
Union Minister Smriti Irani said today that data about women have thrown up a stunning story of enterprise at the grassroots. Speaking to NDTV on the sidelines of the World Economic Forum meet at Davos, Switzerland, she said it turns out that an exponential number of women belonging to the lower rungs of society have sought bank loans to start their businesses.
Citing numbers, she said under Mudra, 400 million bank loans were given. Of the beneficiaries, 70 per cent were women, "which means 280 million loans were only for women," she told NDTV.
"What is fascinating," she said, is that 230 million women open their bank accounts, courtesy Jan Dhan, but 280 million women turn up for loans.