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1. What is the new loan limit under the Tarun category of the MUDRA Yojana for those who have repaid previous loans?
The MUDRA Yojana, which aims to provide financial support to non-corporate, non-farm small/micro enterprises, has increased the loan limit under the Tarun category to Rs 20 lakh for those who have repaid previous loans. This enhancement in the Union Budget is a significant boost to the MSMEs, allowing greater access to funds for business expansion and development.