The study looks at how Mudra Loans help small businesses in India grow. Many small business owners struggle to get loans from traditional banks, so they turn to informal lenders with high interest rates. Mudra Loans offer a better option for these borrowers. Small businesses play a big role in creating jobs and boosting the economy. The government is supporting these businesses with various programs. Mudra Loans are helping to meet the financial needs of different sectors and are crucial for India's goal of becoming a $5 trillion economy.