A Mudra Loan, under India’s Pradhan Mantri Mudra Yojana (PMMY), offers loans up to ₹20 lakhs to non-corporate, non-farm micro and small enterprises in manufacturing, trading, and services (including agri-allied activities like dairy/poultry) for income generation, classified as Shishu (up to ₹50k), Kishore (₹50k-₹5L), and Tarun (₹5L-₹20L)