While addressing the Rozgar Mela on Thursday, PM Narendra Modi lauded the Pradhan Mantri Mudra Yojana, saying the success of the scheme has imparted courage to crores of people. "[It] has prepared 8 crore entrepreneurs," he added. Under the scheme, loans amounting to ₹23 lakh crore have been given to people without bank guarantees in eight years, the PM stated.