In a bid to promote entrepreneurship in the country, Finance Minister Nirmala Sitharaman on Tuesday doubled the upper limit of Mudra loans to Rs 20 lakh.

"The limit of Mudra loans will be enhanced to Rs 20 lakh from the current Rs 10 lakh for those entrepreneurs who successfully repaid previous loans under the 'Tarun category', she said while presenting the Union Budget 2024 in the Lok Sabha.