Launched to promote entrepreneurship, the Prime Minister Interest Free Loan Scheme in India offers zero-interest loans to eligible citizens. It targets low-income groups, micro-entrepreneurs, and small-scale industries, helping them access capital without the burden of repayment interest. The initiative supports financial inclusion, job creation, and sustainable development. Beneficiaries must meet specific criteria to qualify, and loans are disbursed through recognized banks and NBFCs. This visionary scheme is part of India’s broader mission to empower every aspiring entrepreneur.

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