With respect to Pradhan Mantri MUDRA Yojana (PMMY), consider the following statements.
- MUDRA does not lend directly to the micro entrepreneurs / individuals.
- Loans under MUDRA are highly subsidized by India Government to help marginal groups to avail the loans.
- Any individual is eligible applicant under PMMY loans, whose loan requirement is up to 20 Lakhs.
How many of the above statements is/are correct?