The Indian sub-Schemes 'Shishu', 'Kishore' and 'Tarun' are under :

Key Points

• 'Shishu', 'Kishore', and 'Tarun' are the three categories under the Pradhan Mantri Mudra Yojana (PMMY).
• The scheme provides financial support to small and micro-enterprises in India.
• Under 'Shishu', loans up to ₹50,000 are given; under 'Kishore', loans between ₹50,001 and ₹5 lakh are provided; and under 'Tarun', loans between ₹5 lakh and ₹10 lakh are offered.
• The aim of PMMY is to promote entrepreneurship and boost the economy by supporting non-corporate, small businesses.

Additional Information

• Atal Pension Yojana (APY): It is a government-backed pension scheme aimed at providing income security to workers in the unorganized sector. It guarantees a fixed pension after retirement based on contributions made during the working years.
• Standup India Scheme: This scheme aims to promote entrepreneurship among women and Scheduled Castes (SCs) and Scheduled Tribes (STs) by providing loans ranging from ₹10 lakh to ₹1 crore for setting up greenfield enterprises.
• Pradhan Mantri Vaya Vandana Yojana (PMVVY): This is a social security scheme for senior citizens (aged 60 years and above), providing them with regular pension income for 10 years through the Life Insurance Corporation of India (LIC).